Consumer Prices Jump 5.4% as Bidenflation Speeds Up Again
The pace of inflation picked up in September, pushing prices up by more than expected, data from the Department of Labor showed Wednesday.
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Exclusive — Steve Cortes Predicts ‘Biden Blue Christmas’ with Inflation, Supply Chain Breakdowns
‘You are getting poorer,” Steve Cortes said of inflation and supply chain breakdowns yielding a “Biden Blue Christmas” for Americans.
Bidenflation: U.S. Consumers Face Steeply Higher Prices on Beef, Bacon, Chicken, Fish, and Even Salad Dressing
Bacon prices are up 17 percent compared with a year ago. Eggs are up 9.9 percent. Even salad dressing is getting more expensive.
Consumer Prices Up 5.3 Percent as Food, Fuel, and Shelter Surge Higher
Consumer prices rose again in August, albeit at a slower pace than earlier in the summer. The Consumer Price Index rose 5.3 percent compared with a year ago, the Department of Labor said Tuesday. On a monthly basis, the CPI
Carney: Transitory Inflation Is Fading, Sticky Inflation Is Growing
The great used car inflation of 2021 has slowed down, but inflation is still rising in less volatile categories of consumer goods and services, data from the Bureau of Labor Statistics showed Wednesday.
Inflation Nation: Consumer Prices Surged Much Higher Than Expected in June
The monthly inflation figure was nearly twice as high as expected.
Bidenflation Nation: Consumer Prices Jump 4.2 Percent
The Consumer Price Index climbed 4.2 percent annually in April. Compared with March, prices rose 0.8 percent.
Joe Biden Sought ‘Grand Bargain’ to Reduce Deficit Through Cuts to Social Security
Joe Biden, the Democratic presidential nominee, worked to forge a “grand bargain” with congressional Republicans on deficit reduction during the Obama years. As part of the effort, the former vice president openly advocated for putting entitlements programs, including Social Security, on the negotiating table.
Flight from the Cities: Used Car Prices Soar Most Since 1969
Broad gains in prices suggest the economy is still healing.
Consumer Prices Jump Higher, Double Expectations
A big jump after months of the federal government’s massive fiscal response to the coronavirus pandemic.
Consumer Price Index Surprise: Everyone Has Jobs and Prices on Many Things Are Falling
Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
Trump Said There Was No Inflation in September. Now We Know He Was Right.
The Consumer Price Index was flat for September, vindicating Trump’s claim that there is no inflation in the U.S. economy.
The Latest Round of Tariffs Hikes Did Not Raise Consumer Prices
The data defy the dire predictions of experts who forecast consumers would foot the bill for tariffs.
Social Security Recipients to Get Biggest Payout in Seven Years
Retired Americans collecting Social Security payments will get their biggest payout in seven years starting in 2019.
Fed Raises Interest Rates, Predicts Two More in 2018, Sees Economy Growing Faster
U.S. Federal Reserve officials announced a modest interest rate hike on Wednesday, predicting two more this year as the American economy continues to grow.
