Bidenflation - Page 4

Inflation is proving stickier than expected and core price increases are accelerating.

Sales have dropped to near all-time lows.

Can Republican presidential hopefuls make the case against Bidenflation in this Wednesday’s GOP primary debate?

The national average for a gallon of gasoline continues to surge higher in the U.S. as oil prices keep rising.

Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year. West Texas Intermediate crude rose by more than 1.9 percent on Thursday to reach a high

Higher energy prices are fueling a sharper than expected rise in prices paid to U.S. businesses, a signal that there’s still a long way to go to tame Bidenflation.

Americans spent far more at gas stations in August as fuel prices skyrocketed, pushing retail sales far above expectations.

Prices rose rapidly as the summer wound toward its sweltering end in 2023, with monthly inflation rising at the worst pace in 13 months.

After taxes, median real income fell 8.8 percent last year.

Price are up in the corn-belt by 40 cents a gallon.

An explosion of flash mob shoplifting and other retail crime has become one of the biggest threats facing American small businesses. As usual, far-left public policies are to blame.

Americans have overwhelmingly negative opinions of the U.S. economy and most think President Biden is mishandling the issue.

The inflation fight is getting tougher.

The American dream of home ownership is fading into the distant past under the Biden administration with mortgage applications hitting their lowest level in nearly 30 years, the Mortgage Bankers Association (MBA) said Wednesday.

If Biden’s economic programs really were working to grow the economy “from the bottom up and the middle out,” Foot Locker would be thriving.

The rapid rise in mortgage rates has pushed many owners of existing homes out of the market, giving a boost to home builders and the market for new homes.

The White House press secretary falsely claimed that costs were on the decline.

Former Vice President and Republican presidential candidate Mike Pence unveiled a four-point policy plan on Wednesday to combat President Joe Biden’s “inflation nightmare.”

Federal Reserve policymakers left the central bank’s benchmark interest rate unchanged despite inflation that has run above its target for over two years.

The consumer price index, a key barometer of what consumers pay for goods and services, rose four percent last month from a year earlier, the Labor Department said Tuesday. Compared with March, the consumer price index (CPI) rose 0.1 percent. Core

Sixty-three percent say they are “very concerned” about inflation.

Inflation is on the rise again. Can the Fed afford to pause at the next meeting.

Despite the lowest rate of unemployment in decades, more than a third of Americans say they are losing ground financially.

Long-term underlying inflationary pressures are pushing us toward a prolonged period of higher inflation or higher interest rates.

Sixty-one percent of Americans say recent price hikes have caused financial hardship for their household, up six points from the last reading in November, Gallup said Thursday.

Consumer sentiment unexpectedly plunged and long-run expectations for inflation jumped up.

The index, which measures what domestic businesses are paid for goods and services, rose by 0.2 percent in April. In March, the index fell 0.5 percent.

Inflation has eased from its worst levels last summer but progress has been slower than expected and prices are still rising too fast.

Inflation in car prices accelerated to extreme levels during Joe Biden’s presidency.

JP Morgan Chase will take over the assets of First Republic bank after it collapsed in the second American bank failure in the past two months.

Another Bidenflation bank failure.

The cost of mailing a letter or bill could rise three cents this summer after the U.S. Postal Service (USPS) moved Monday to launch previously threatened moves for a postage price hike as Bidenflation hits the service.

Consumer sentiment fell further from already depressed levels in March.

Core producer prices, however, are still rising.

There is a clear through line from the spendthrift Biden administration policies to the current crisis.

Used car prices were the canary in the coal mine the last time inflation surged. They’ve now been jumping for three months in a row.