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Budget group finds Democratic spending bill would add to deficits, endangering centrist support

A new budget projection shows the Democratic climate and social spending bill would add to the deficit, a finding that could further imperil support from centrist Democrats like Sen. Joe Manchin.

Supermarkets Alter Layouts, Use Decoys to Fill Gaps Left by Shortages

Product shortfalls caused by supply-chain bottlenecks are pushing grocers to get creative so consumers aren’t facing empty shelves

Psaki: “We are Not in the Middle of an Historic Economic Crisis Right Now” (VIDEO)

White House Press Secretary Jen Psaki on Monday claimed we are not in the middle of an economic crisis right now.

Inflation Surge Pushes Gold to Five-Month High

Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates.

Record 4.4 Million People Quit Their Jobs in September

In August, 4.3 million people — a record number — quit their jobs for a variety of reasons. It was believed that once the labor market began to settle down after the disruptions caused by the pandemic those numbers would ease and the demand for work would catch up with the supply of jobs.

Johnson & Johnson to Split Into Two Companies, Shares Rally

Johnson & Johnson has announced plans to split into two companies, spinning off its consumer health division—which sells products like Band-Aids, Baby Powder, and Listerine—into a separate publicly traded company.

Biden Vs. Supply Chain Experts

Despite what Joe Biden claims about the supply chain crisis, industry experts are warning the worst is yet to come. During a press conference Wednesday, Biden claimed there are more goods coming into the U.S. than ever before.

Biden claims Americans aren’t clever enough to understand the supply chain crisis and concedes that his stimulus checks fueled spike in inflation

President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.

US consumer prices rise at fastest pace in three decades

Biden says taming inflation is ‘top priority’ as soaring energy costs help drive 6.2% increase.

Apple loses appeal in epic battle against payment monopoly

A US federal judge has denied Apple’s request for a pause on a previous court order forcing the company to allow app makers to implement their own payment systems, after the tech giant was sued over alleged antitrust violations.

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