There are a number of superlatives that can be applied to federal spending, deficits and debt โ none of them…
Browsing: Economics
News about taxes, trade, jobs, inflation and markets.
Long before the Biden administration misjudged the inflation threat until it was too late, it liked to claim bloated spending…
Vladimir Putinโs invasion of Ukraine finally, though perhaps not permanently, awakened Western Europe to the dangers of relying on a…
The producer price index (PPI), the change in prices paid to producers of goods and services, has increased 11.3% since…
The Bureau of Labor Statistics issued its inflation data for June and the figures were worse than expected, with headline…
Fueled by soaring energy prices, U.S. inflation rose 9.1% in June, the most since November 1981. The increase surpasses the…
Joe Bidenโs now-infamous tweet demanding gas station owners to lower pump prices โand do it nowโ exposed how out-of-touch the…
The federal governmentโs proposed $52 billion program to subsidize domestic production of semiconductors appears to be in trouble. And that…
Washington, D.C. โ With the U.S. economy teetering on the edge of a recession, Senate democrats attempted this week to revive…
Leave it to markets to do what political poseurs canโt. The most recent example: crude oil, which has gone in…