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 …
Inflation,
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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 …
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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 …
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Over 75% Of Americans Say Inflation Is Affecting Them Personally, Poll Shows. Nearly 60% Blame Biden
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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …