Browsing: Economy
Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home.This announcement comes after Powell’s recent trip to Europe, where he appeared at an…
Interest payments on the nation’s ballooning debt just eclipsed spending on defense and Medicare, worrying policy experts who have warned this threatens to undermine U.S. economic stability. In the first seven…
Homeowners are feeling the financial sting of higher insurance premiums as firms offering homeowners insurance policies look to mitigate mounting losses from weather-related incidents and inflation that have cut into…
Surging auto insurance premiums are stoking inflation and keeping the financial pressure on millions of Americans nationwide. Consumer prices rose 0.3% in April from the previous month, slightly lower than…
After restaurant stocks served up a mixed earnings bag this season, one Iron Chef America alum is revealing the “No. 1 problem” that’s keeping their prices high and overall profits…
Social Security recipients are on track to receive a cost-of-living adjustment (COLA) next year that is bigger than previously expected as inflations remains uncomfortably high. Mary Johnson, a retired Social…
A prominent business leader and one of the Republican Party’s top donors didn’t mince words when reacting to President Biden’s now repeated, incorrect inflation claim. “Why do liars lie? Because…
Inflation fell slightly in April, but a spike in the cost of rent and gasoline kept prices painfully high for millions of Americans. The Labor Department said Wednesday that the…
Home, energy, car and childcare costs have all increased since President Biden took office and there is no end in sight as inflation remains stubbornly high. The latest consumer price…
A new survey of small business owners conducted by Capital One looked at how small businesses are dealing with adversity and remaining resilient amid uncertainty about the economic outlook. Capital…