Will discuss rising meat prices with Agriculture Committee. The CEOs of Cargill, Tyson, JBS, and National Beef Packing have agreed to testify before the House Agriculture Committee. The…
Read MoreInflation
Inflation Rises to 8.5 Percent in March
Greatest increase in 41 years. The latest Consumer Price Index numbers show inflation is climbing even higher, making it more difficult for Americans to pay their bills and…
Read More
USDA Predicts Food Prices to Continue Rising
Increases are the highest in decades. A new report from the U.S. Department of Agriculture, known as its Food Prices Outlook for 2022, indicates that people will soon…
Read More
Three Oil Companies Refuse to Testify Before House Committee
Upcoming hearing canceled due to deliberate absence. The House Natural Resources Committee requested that the CEOs of EOG Resources, Devon Energy Corporation, and Occidental Petroleum testify about the…
Read More
Unemployment Claims Continue to Decrease
Labor Department reports the lowest level since 1969. The Department of Labor reported on Thursday that the number of new applications for unemployment benefits fell by 28,000 last…
Read More
UN Predicts Food Prices Will Continue to Surge
A 22 percent increase highly plausible. In a report released Friday, the United Nations Food and Agriculture Organization warned that global food prices could surge another 22 percent…
Read More
Inflation Reaches 40-Year High
Energy costs among the highest causes. The Labor Department released February’s consumer price index last week, a data set economists use to gauge the rate of inflation. In…
Read More
Russian Invasion of Ukraine Impacts American Economy
White House adviser says the biggest concern is rising gas prices. Cecilia Rouse, the chair of the White House Council of Economic Advisers, stated that Russia’s invasion of…
Read More
State of the Union Address 2022
Watch the live broadcast of the State of the Union Address to Congress by President Joe Biden. Watch the broadcast delivered from the U.S. Capitol Building Madam Speaker,…
Read More
Labor Department Reports Even Higher Inflation Than Predicted
Prices rose by 1 percent in January alone. Data released on Tuesday by the Labor Department showed that, in January, prices rose 1 percent higher than they had…
Read More