Economy
More Americans reported loss of pay in July(The Center Square) – New jobs data shows that a significant number of Americans saw their income shrink last month even as prices continue to rise. Morning Consult… Read More
Economy
Biden denies recession after GDP decline, but economists say otherwise(The Center Square) – The U.S. economy has shrunk for six consecutive months, according to federal data released Thursday, which led many economists to declare a recession. But the Biden… Read More
Economy
Poll: 3 out of 4 middle class families are falling behind as prices rise(The Center Square) – Three out of four middle class households report falling behind the rising cost of living as inflation continues to soar, according to a new poll. Primerica… Read More
Biden administration
Poll: Biden’s economic approval rating hits new low(The Center Square) – As Americans continue to face soaring inflation and high gas prices, President Joe Biden’s economic approval rating has hit a new low. According to a new … Read More
Inflation
Inflation soars 9.1% in past 12 months(The Center Square) – Consumer prices rose another 1.3% in June, contributing to a 9.1% spike over the past 12 months. It is the largest spike in 41 years. The… Read More
Gas Prices
Most Americans expect higher gas prices this year as they struggle to make ends meet, polls show(The Center Square) – Despite already paying record high gas prices last month, most Americans expect prices to get even worse, a new poll shows. Rasmussen Reports released the poll,… Read More
Inflation
Former U.S. Treasury secretary says unemployment rate needs to rise to curb inflation(The Center Square) – The unemployment rate needs to rise in order to ease the effects of inflation, former U.S. Treasury Secretary Larry Summers says. According to the … Read More
State Government
Amid possible blackouts, Illinois lawmakers call for scrapping ‘Green New Deal’(The Center Square) – In the wake of an alert warning of possible rolling blackouts this summer, some Illinois lawmakers want to revise the state’s energy policies. Midcontinent Independent… Read More
Economy
U.S. Treasury Secretary says recession is not inevitable, CEOs say it is on the way(The Center Square) – U.S. Treasury Secretary Janet Yellen says that a recession is not inevitable, comments that have been met with skepticism by business leaders. In an … Read More
National
Yellen to testify on Biden budget after admitting she was wrong on inflation(The Center Square) – U.S. Treasury Secretary Janet Yellen will testify before the Senate Finance Committee Tuesday, just days after she admitted she was wrong about inflation earlier in President… Read More
National
Gas prices spike every day this week, hit another record high Friday(The Center Square) – Gas prices increased another 5 cents over night to reach yet another record high, marking another week where costs rose every day as economists worry about… Read More
State Government
As some states take measures to relieve gas prices like tax suspensions, Illinois does little, critics say(The Center Square) – As gas prices continue to soar around the country, some states are taking action with sizable tax breaks. But in Illinois, little is being done, critics… Read More
National
U.S. Treasury Secretary says she was wrong about inflation(The Center Square) – U.S. Treasury Secretary Janet Yellen admitted this week she was wrong and underestimated inflation, which continues to soar. During an interview with CNN's Wolf Blitzer Tuesday,… Read More
National
Gas prices spike again, set yet another record high By(The Center Square) – Gas prices spiked another five cents Wednesday to hit a new record high for the third day in a row this week. According to … Read More
National
Majority of Americans say they are ‘falling behind’ rising cost of living(The Center Square) – The majority of Americans feel they cannot keep up with the cost of living as inflation and the price of goods continue to rise, according to… Read More
National
Inflation slowed in April, but prices continued their steady increase(The Center Square) – Inflation continued its steady rise in April, when the Consumer Price Index increased 8.3% over last year, according to data released Wednesday by the U.S. Bureau… Read More
National
Consumer prices rise nearly 8% causing major inflation fears(The Center Square) – Inflation continued to soar in February, making a range of goods and services even more expensive for Americans, according to newly released federal inflation data. The… Read More
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