Biden Dodges Blame For Inflation: ‘It Was There When I Got Here, Man’
President Joe Biden refused to take responsibility Friday for high levels of inflation when asked by a reporter if he was to blame, instead arguing elevated prices were a problem…
President Joe Biden refused to take responsibility Friday for high levels of inflation when asked by a reporter if he was to blame, instead arguing elevated prices were a problem…
Former Secretary of the Treasury Larry Summers urged central banks to not let up on efforts to fight inflation, saying it would be a “grave error” to relent while at…
Inflation may finally be retreating as price increases on wholesale items continue to slow in line with recent consumer inflation trends. Inflation faced by suppliers, as measured by the Producer…
While the Biden Administration is in a self-congratulatory mood about today’s year-end Producer Price Index (PPI) of 6.2%, a closer look at the data and recent history tells a more…
JA Solar, a Chinese green energy giant whose chairman is tied to the Chinese Communist Party (CCP), has leased a plot of land in Phoenix, Arizona, to construct a $60…
Core prices increased 0.3% on a monthly basis in December, after growing 0.2% in November, as overall prices rose by 6.5% year-over-year, matching investor expectations as energy and gas prices…
Major asset managers are pushing back on the market’s expectation that inflation and U.S. interest rates have peaked and are unlikely to do significant further damage to the economy, a mistake…
Inflation continues to pinch consumers’ wallets, and heading into Christmas, food prices are running hot, with staples like eggs and flour up roughly 49% and 25% year-over-year through November, according…