National
Gasoline prices set record Tuesday as Biden set to release plan on inflation(The Center Square) – Gasoline prices set a record Tuesday ahead of President Joe Biden’s planned announcement to address rising inflation costs. Short of prioritizing and expanding domestic production, critics… Read More
National
Feds: Number of job openings hit new high in March(The Center Square) – Job openings in the U.S. continue to rise, now nearly doubling the number of job seekers, according to newly released federal data. The Bureau of Labor… Read More
National
72% of small businesses to increase prices due to inflation, survey finds(The Center Square) – As inflation surpasses 40-year highs, 72% of small businesses surveyed are increasing prices to keep their doors open, according to the latest Small Business Optimism Index. Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic data… Read More
National
Report: Americans cutting back on discretionary spending because of inflation(The Center Square) – Americans are changing their shopping habits because of rising prices, a new study from Morning Consult finds. According to the report , American… Read More
National
Fed report: Inflation passed on to consumers, will continue for months(The Center Square) – Newly compiled data from the Federal Reserve shows that inflation is hurting businesses, costing consumers, and likely not going away anytime soon. The Federal… Read More
State Government
Illinois Chamber: Record inflation hurting large and small businesses(The Center Square) – Illinois businesses are reeling from record high inflation. The yearly inflation rate hit 8.5% in March – a four-decade high, according to the U.S. Department of… Read More
National
Amid inflation and worker shortage, small businesses pessimistic about the future(The Center Square) – Small businesses around the country are growing more pessimistic as rising inflation, supply chain issues and a worker shortage continue to threaten their viability. A new … Read More
State Government
Missouri bill would give all resident taxpayers $500 tax credit(The Center Square) – Missourians would get a one-time tax credit of $500, or $1,000 if married and filing a joint tax return, under a new bill filed Monday… Read More
National
Consumer prices rise 8.5%, highest in 40 years(The Center Square) – Newly released federal inflation data show that prices continue to rise at the fastest rate in four decades, continuing the trend of soaring inflation. The Bureau… Read More
Opinion
Op-Ed: Democrats need to help working families afford gasoline, not prioritize electric vehiclesWhen our economy is strong, that typically correlates with the U.S. president having a good job approval rating. But even though the country added 431,000 jobs in March, and unemployment… Read More
Opinion
Op-Ed: The hidden tax increase in plain sightAmericans have less money than they had last year – though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of… Read More
National
Oil executives: Government policies play ‘critical role’ in cost of gas(The Center Square) – Lawmakers grilled a panel of leading oil company executives during a Congressional hearing Wednesday over high gas prices. The executives responded that restrictive government policies play… Read More
National
Feds: Retail food prices to increase by an additional 5%(The Center Square) – The U.S. Department of Agriculture expects U.S. food prices to increase by at least another 5% on average this year as the majority of Americans surveyed… Read More
Opinion
Op-Ed: Biden denies his policies caused high gas prices“By reversing Trump’s energy policies we’ll reduce our dependence on fossil fuels.” – Joe Biden A few weeks ago, President Joe Biden announced he was banning oil imports from Russia… Read More
National
Majority of Americans report ‘falling behind’ rising cost of living(The Center Square) – The majority of Americans feel they are “falling behind” as the cost of living continues to rise, according to newly released polling. The poll… Read More
National
De Haan: Gas tax holidays are providing relief at the pump(The Center Square) – Gas tax holidays are benefiting the residents of two states, but the long-term outlook on gas prices is they won’t be coming down anytime soon, one… Read More
National
Biden unveils $5.8 trillion budget proposal with increased taxes on businesses, wealthy individuals(The Center Square) – President Joe Biden unveiled a new 2023 budget proposal Monday along with major tax increases to help pay for it. Biden’s budget, which comes in at… Read More
State Government
Bills would pause Missouri’s fuel tax for six months(The Center Square) – Two identical bills would give Missourians a one-time, six-month motor fuel tax holiday, but an exemption of the state’s sales tax also was mentioned during… Read More
National
Polls: Voters blame Biden for inflation(The Center Square) – Americans are feeling the pain of inflation and many blame President Joe Biden for rising prices, new polling shows. Soaring gas prices have brought that issue… Read More