He also calls America’s debt unsustainable. Federal Reserve Chairman Jerome Powell said there is “a long way to go” before economic stability is achieved in the U.S. He…
Read MoreInflation
Contraband Eggs Piling Up at Southern Border
Federal law prohibits their import from Mexico. Egg prices continue to rise, and Senator Jack Reed of Rhode Island has called for a congressional investigation as to why…
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Labor Department Reports Higher Job Gains than Expected
The leisure and hospitality industries experience the greatest gains in January. The latest Labor Department jobs report shows the U.S. added 517,000 jobs in January, outstripping the forecast…
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Gas Prices at the Pump Going Up Again
Nation seeing its fifth straight week of increase. According to data compiled by Gas Buddy, Americans are likely to see gasoline prices reach $4 a gallon and more. In…
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Consumer Spending Dropped in December
The drop could indicate that inflation is starting to cool. The Commerce Department reported that American household spending dropped by two-tenths of a percent in the month of…
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The Conference Board Leading Economic Index Falls for Tenth Month
The results have led some to believe a recession is coming. The Conference Board Leading Economic Index (LEI), which is a barometer of the health of the American…
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Administration Working on Tenant Protections
The government is considering more restrictions on landlords. The White House announced that new measures to protect tenants are being prepared. The options being considered are intended to…
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Senator Sanders Addresses Moderna Vaccine Prices
The company is planning an increase in the commercial cost per dose. Senator Bernie Sanders of Vermont sent a letter to medicine manufacturer Moderna, urging them not to…
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House Votes to Repeal 87,000 IRS Agent Funding
Part of the “Commitment to America” agenda. The House of Representatives voted to repeal part of the Inflation Reduction Act that provided funding to hire up to 87,000…
Read MoreJob Creation Higher than Expected in December
The president applauds the report. The Department of Labor announced that 223,000 jobs were added to the U.S. economy in December. Officials report that the unemployment rate has…
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