Ohio man accused of stealing $15M in groceries from Missouri chain and sabotaging stores
ST. LOUIS, MO – A grocery store owner from Ohio has been indicted and arrested for allegedly defrauding a Missouri-based supermarket chain out of more than $15 million in inventory, then sabotaging…
Cereal Giant Raises Prices Due To Inflation, Supply Chain Problems And A Labor Strike
Cereal giant Kellogg announced Thursday that it expects to raise prices as inflation, supply chain problems and a recent labor strike boosted the company’s expenses. Nearly 1,500 workers went on strike at…
Democrats’ Plan To Pass $1.75T Spending Package Collapses Amid Intraparty Disagreements
House Democrats’ plan Friday to pass both the bipartisan infrastructure package and President Joe Biden’s social-safety net bill collapsed after a handful of moderates refused to vote on the $1.75 trillion budget…
Leader of Drug Trafficking Organization Sentenced to 20 Years in Federal Prison for Supplying Heroin To Open-Air Market on Chicago’s West Side
CHICAGO — The leader of a drug trafficking organization has been sentenced to 20 years in federal prison for supplying heroin to an illegal open-air market on the West Side of Chicago.…
US Trade Deficit Hits New Record As Inflation Grows And Supply Chain Issues Worsen
The U.S. trade deficit hit a record high of $80.9 billion in September as exports fell sharply while imports increased amid supply chain problems and growing inflation. The trade deficit of goods…
U.S. Consumer Spending Grew Slowly In September Amid High COVID-19 Cases, Supply Chain Problems and Rising Inflation
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and ending unemployment benefits. Consumer spending increased 0.6% in September, down from a…
US Economic Growth Slowed To 2% In Third Quarter As Supply Chain Worsens
The U.S. economy grew at a 2% rate in the third quarter of 2021 as supply chain issues and the delta variant slowed gains. The U.S. gross domestic product (GDP), a measure…
Inside Biden’s revised Build Back Better plan, here’s what he’s selling now
As President Biden meets on Capitol Hill to strongarm Democrats, here is what his new Build Back Better “framework” does, says Rep. Kevin Brady (R-TX), Republican leader of the House Ways & Means…
The Supply Chain Crisis Could Threaten Rural America’s Internet Access
The telecommunications industry, like other sectors, is suffering from ongoing supply chain chaos, with equipment delays and heightened costs endangering efforts to bring internet access to rural America. AT&T announced in August that…
Companies Warn Shoppers Of Fewer Discounts During Holidays
U.S. consumers should expect fewer discounts during the holiday season due to high transportation and material costs, supply chain disruptions, labor shortages as well as growing inflation, experts told The Wall Street…
Gas soars to 7-year high in New Jersey and tomorrow Phil Murphy is bringing the guy most people blame for it here
TRENTON, NJ – Gas prices in New Jersey have hit a record 7-year high just weeks after New Jersey Governor Phil Murphy promised tax relief. That relief was supposed to come on…
Gas Soars To $7.59 A Gallon In California Town As Prices Hit Multi-Year Highs Nationwide
The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to rise nationwide and show no sign of slowing down. The town —…
Pete Buttigieg Predicts More Supply Chain Problems Because Of Biden’s Economic Success — Here’s What The Experts Say
Economic experts pushed back on the Biden administration’s claim that widespread supply chain issues in the U.S. were the result of its successful economic agenda. “Demand is off the charts. Retail sales…
Over 60% Of Americans Say Biden’s Policies Are To Blame For Accelerating Inflation
Over 60% of Americans said that President Joe Biden’s policies were at least somewhat responsible for the accelerating inflation in the United States, a new poll shows. A Politico/Morning Consult poll released Tuesday…
US Industrial Production Dropped In September As Supply Chain Bottlenecks Plagued The Auto Industry
U.S. industrial production declined in September as supply chain bottlenecks in the auto industry and lingering effects of Hurricane Ida impacted manufacturing and mining output, according to data released by the Federal…
America Is Becoming More Dependent On Foreign Oil Under Biden
Fears of a tighter regulatory environment has caused the U.S. to begin importing more oil, threatening its energy independence and security, trade groups representing fossil fuel companies told the Daily Caller News…
Biden adjusts misleading “It costs nothing” for $3.5 trillion spending message
Since announcing his $3.5 trillion Build Back Better agenda, President Joe Biden and senior White House officials declared the spending will cost Americans nothing. During a speech on September 27th, Biden said,…
Poll Suggests Bad News For Holiday Shoppers Amid Supply Chain Chaos
Over half of Americans shopping for the holiday season say they’re experiencing difficulties buying products, according to a new poll. When asked if they had experienced any holiday shopping issues, 51% of…
‘Higher Bills For American Families’: House Republicans Demand Answers From Biden Administration On Energy Crisis
Republicans on the House Energy and Commerce Committee urged the Biden administration to lay out its plans for tackling the looming energy crisis. The representatives noted that the federal government was responsible…
Retail Sales Beat Expectations Amid Surging Inflation
U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday. Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%,…
Wholesale Inflation Increases To Record High As Supply Chain Disruptions Continue
The Producer Price Index, which measures inflation at the wholesale level, rose 8.6% in the 12 months before September, marking the largest single-year increase since the metric was created in 2010, the…
IMF Expects Less Economic Growth From US Amid Supply Chain Chaos
The International Monetary Fund cut its global growth forecast for 2021 on Tuesday, citing supply chain disruptions and pandemic-related health concerns. In the International Monetary Fund’s (IMF) World Economic Outlook report, released Tuesday, the…
New healthy fruit bowl chain coming to Union office tower in Dallas
Dallas, TX- Rush Bowls, a Colorado-based fast-casual concept known for its fresh and healthy meals-in-a-bowl – will open its newest location in late-July within The Union office tower on 2300 N Field…
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