Economy - /contrib/economy

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How the Inflation Reduction Act does — and doesn't — reduce inflation...
Drug-price negotiation and clean-energy rebates are set to lower costs for Americans over the next decade. But that relief won't be immediate.
By Anonymous Submission on 2022-08-08 21:28 UTC
Republicans argue Manchin and Schumer's energy, health care deal will raise taxes, citing nonpartisan data...
Americans of all incomes would see their federal taxes rise under the climate and health care package that was negotiated last week between Senate Majority Leader Chuck Schumer and moderate Democratic Sen. Joe Manchin, according to data from the nonpartisan Joint Committee on Taxation. Federal
By Anonymous Submission on 2022-08-01 10:34 UTC
Stocks fall after Walmart profit warning...
Submitted to Category: /contrib/business/, /contrib/economy
“The increasing levels of food and fuel inflation are affecting how customers spend, and while we’ve made good progress clearing hardline categories, apparel in Walmart U.S. is requiring more markdown dollars," Walmart CEO Doug McMillon in a statement
By Anonymous Submission on 2022-07-26 18:12 UTC
Inflation continues to blow past expectations because interest rates are still negative...
Submitted to Category: /contrib/business/, /contrib/economy
Just one month after inflation blew past
By Anonymous Submission on 2022-07-13 15:54 UTC
Inflation reaches 40-year high of 9.1%...
Consumer prices soared 9.1% compared with a year earlier, the U.S. government said, the biggest yearly increase since 1981.
By Anonymous Submission on 2022-07-13 15:53 UTC
With the US economy in shambles, Biden to send $800 million more aid to Ukraine to fight Russia...
On the final day of the NATO summit here on Thursday, US President Joe Biden says his administration will soon provide another USD 800 million in security assistance for Ukraine to fight Russia
By Anonymous Submission on 2022-06-30 21:20 UTC
While American's are hurting economically, Biden says Anerican's will pay more for gas 'as long as it takes' to counter Russia...
America last President Joe Biden said Thursday that U.S. drivers will continue to pay record-high gas prices for "as long as it takes" to stop Russia's war in Ukraine, acknowledging that consumers are unlikely to see relief at the pump anytime soon.
By Anonymous Submission on 2022-06-30 21:18 UTC
What Americans face now as the Fed raises interest rates...
The U.S. Federal Reserve's big interest rate hike on Wednesday -- and the expectation of more to come -- is aimed at bringing down 40-year high inflation topping 8% on an annual basis in recent months.
By Anonymous Submission on 2022-06-15 18:25 UTC
May retail sales unexpectedly decline as consumers confront sizzling hot inflation...
Retail sales unexpectedly dropped in May as consumers -- confronted with the hottest inflation since 1981 -- pulled back on spending.
By Anonymous Submission on 2022-06-15 12:46 UTC
Inflation puts pressure on Powell: What to know this week...
Markets face another half-point rate hike this week and the prospect of sharper increases ahead when the Federal Reserve concludes its two-day policy-setting meeting Wednesday.
By Anonymous Submission on 2022-06-13 13:42 UTC
Inflated grocery prices and shrinking package sizes. The cost of food is rising at fastest pace since 1979...
Americans are suffering sticker shock every time they go to the grocery store: They're coping with the biggest increase in food prices since 1979 — not to...
By Anonymous Submission on 2022-06-10 15:45 UTC
Inflation hits 40-year high as CPI rises 8.6% in May...
Inflation accelerated in May as U.S. consumers grapple with a surge in prices for gas, food, and shelter, data showed Friday.
By Anonymous Submission on 2022-06-10 15:43 UTC
Inflation: Here's how much grocery prices soared in May...
Inflation in the U.S. hit a fresh 40-year high in May, with Americans paying significantly more money in a category crucial for their survival — food.
By Anonymous Submission on 2022-06-10 15:41 UTC
'I Was Wrong': Biden's Treasury Sec Admits She Bungled Inflation Prediction...
'I think I was wrong then about the path that inflation would take'
By Anonymous Submission on 2022-06-01 19:30 UTC
JPMorgan predicts $6 gasoline by the end of the summer...
The national average for a gallon of gas is at a record $4.59 per gallon, and it could be about to hit $6, according to JPMorgan.
By Anonymous Submission on 2022-05-20 18:08 UTC
Democrat elites have brought economic havoc with Modern Monetary Theory...
As with various radical academic "theories" going against common sense, Democrats have almost broken the U.S. economy with runaway inflation associated with MMT. The more money put into circulation the higher inflation will rise; it's not rock
By Anonymous Submission on 2022-05-19 15:18 UTC
Gas prices surpass $4 in every state for the first time in history...
Drivers nationwide can expect the highest gas prices the country has ever recorded, with average prices surpassing $4 in all 50 states and Washington, D.C., for the first time.
By Anonymous Submission on 2022-05-18 21:03 UTC
$6 Per Gallon Could Soon Become A Reality As Gas Prices Continue To Soar...
Gas prices just continue to rise, shooting up again overnight to another new record national average of $4.567 per gallon.
By Anonymous Submission on 2022-05-18 21:03 UTC
Gas Prices Race Past $4 a Gallon in Every US State. How High Could They Go?...
The nationwide average is more than $4.50 a gallon.
By Anonymous Submission on 2022-05-18 16:41 UTC
Dow Falls 800 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures...
Submitted to Category: /contrib/business/, /contrib/economy
Stocks tanked as investors worried about inflation's impact on consumer spending.
By Anonymous Submission on 2022-05-18 16:40 UTC

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