John Carney - Page 49

Seventy-one percent of lower-income households are suffering while 63% of Democrats say they have suffered no hardship at all.

Shortages, rocketing fuel prices, and record high cost inflation are weighing down the U.S. manufacturing sector.

As prices of labor and construction materials soared, spending on building new homes actually declined in October.

Persistently high inflation would justify the Fed moving faster on winding down its bond purchases, Powell told a Senate panel Tuesday.

Federal Reserve chair Jerome Powell said on Tuesday that the test for reaching the Fed’s two percent target on average over time had been met, signaling that the Fed could taper bond-buying faster and raise rates earlier than previously anticipated.

Texas factories see a lot more inflation coming down the pipeline.

Rising rents, rising home prices, and rising mortgage rates sparked a “buy now” rush of home purchases in October.

A big sell-off all around the world as investors grapple with fears of latest variant from South Africa.

The far-left law professor’s nomination was a step too far for centrist Democrats.

Time is running short to contain inflation without a painful recession.

Might as well get used to high and rising prices. Inflation is not going away soon.

Dimon joked Tuesday night that his bank would outlast the Communist Party in China. Now he’s apologizing.

The lowest level of layoffs in 52 years calls into question the wisdom of ramping up deficit spending and ongoing accommodative monetary policy.

Biden tries to pass the buck for inflation to gas stations. The data do not support his claim.

Prices are expected to climb even faster, according to a survey by the Richmond Fed.

Business formation is running at a very fast pace but lags behind Trump’s final months.

Oil prices rose above $82 a barrel on Tuesday morning after the Biden administration announced the U.S. and other nations would release tens of millions of barrels of oil from reserves in a ploy to lower prices.

Worries over inflation are now the number one issue for the largest share of Americans since 2001.

This is how they want you to fight inflation: eat soy and stay away from loved ones.

More homes may change hands in 2021 than anytime in the last 15 years.

After months of delayed decision making, President Biden has decided to nominate Fed chair Jerome Powell for a second term.

The average cost of a classic Thanksgiving feast for 10 rose 14 percent, according to the Farm Bureau. This is the highest cost in the 36 years of Farm Bureau surveys.

White House economists told America inflation would fade in the later months of 2021. Instead, prices are surging again.

The Democrats wanted to put all questions of Saule Omarova’s ties to communism off the table as xenophobic “Red baiting.” Senator Kennedy was not deterred.

The bottom three-fifths of Americans by income would receive no benefit whatsoever.

Biden’s OCC nominee refused to pledge not to allow a repeat of the notorious Obama administration Operation Choke Point’s politicization of bank services.

Biden wants the Senate to confirm a professor who would abolish private sector banking as head of one of our most powerful bank regulatory agencies.

Housing starts disappointed in October as builders grappled with supply shortages and scarce labor.

A cold winter would send natural gas prices up 46 percent and heating oil prices up 54 percent, according to the Department of Energy.

Retail sales grew by more than expected in October. But it’s not clear if that is because people were buying more or if this just reflects higher prices.

The producer of one in every five pounds of meat consumed in the U.S. says it is sharply raising prices to keep up with inflation.

The increases in the inflationary measures are a disappointment to those who saw an easing of pressures in September and October as a sign that inflation was proving transitory.

Get ready for the most expensive Thanksgiving ever.

Consumer sentiment fell in early November to its lowest level in a decade due to rising inflation and the growing belief that the Biden administration has no effective policies to halt rising prices.

Real average weekly earnings are down 1.4 percent compared with a year ago.

They don’t want you to believe your lying eyes when you see prices everywhere rising.