Samantha Renck on December 3, 2021 Chris Markowski, the host of “Watchdog on Wall Street,” sat down with the Daily Caller News Foundation’s Samantha Renck to discuss the November jobs…
Almost half of Americans said soaring prices created some form of financial hardship for their households, while 10% reported that they are experiencing “severe hardship,” according to a Gallup poll…
Republican Louisiana Sen. John Kennedy criticized Federal Reserve Chairman Jerome Powell and the central bank’s forecasters over their failed inflation projections on Tuesday. Before asking if the Fed would accelerate…
Almost 80% of Americans say that inflation is impacting them personally, a new poll shows, with 57% blaming President Joe Biden. The Yahoo News/YouGov poll also found that inflation was the…
Dollar Tree announced Tuesday it is raising its prices, bringing the cost of its products over one dollar for the first time in 35 years. The dollar store will raise…
Pentagon officials warned that the surge in prices has caused issues for U.S. troops and their families. Defense Secretary Lloyd Austin referred to rising inflation as a “readiness issue” at…
The Federal Reserve’s decision to reduce its monthly bond purchases contributed to a surge in prices, benefiting billionaires and corporations while crushing lower-income Americans, multiple experts told the Daily Caller…
A former Obama economic adviser has become a prominent Democratic critic of the Biden administration’s handling of the inflation surge. Former Treasury Secretary Larry Summers, who served as head of…
The Consumer Price Index increased 0.9% in October, bringing the key inflation indicator’s year-over-year increase to 6.2% as supply shortages continue and demand grows, the U.S. Bureau of Labor Statistics…
The Producer Price Index (PPI), which measures inflation at the wholesale level, rose 8.6% year-over-year as of October, growing at a record rate for a second straight month, the U.S.…
Inflation grew throughout October, increasing for the twelfth consecutive month in a row, according to a key economic indicator. The median consumer expectation shows inflation will grow to 5.7% in the…
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…
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…
The Federal Reserve announced Wednesday that it would begin scaling back its monthly bond purchases in November, marking the first step towards ending its pandemic stimulus as inflation surges. The…
The company behind popular snacks like Oreos announced Tuesday that it would increase its prices to combat the rising cost of inflation, multiple sources reported. Mondelez International, the company behind…
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…
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…
High inflation will last well into 2022, economists say, indicating that supply chain bottlenecks will keep increasing prices and curbing production. Experts expect to see average inflation of 5.25% in…
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…
The Federal Reserve said in September that it would begin taking steps to combat growing inflation in the U.S. economy, according to notes from a Sept. 21 and Sept. 22…
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…
The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau of Labor Statistics announced Wednesday. The year-over-year 5.4% inflation figure…
Oil prices have surged around the world in recent weeks, which will lead to even higher inflation, according to industry experts. “Rising oil prices have been one of the biggest…