Consumer Price Index

Biden Says U.S. Isn’t ‘Facing Record Inflation’ Anymore as Prices Spike 8.2%

President Biden claims the country is no longer experiencing record inflation as prices spike by 8.2%.

Bezos Issues Dire Warning for U.S. Economy

Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.

Americans Families $6K Poorer Thanks to Joe Biden’s Inflation, up From $4.2K

American families have lost $6,000 in annual wages thanks to President Joe Biden’s soaring inflation, a Heritage Foundation study revealed over the weekend.

Biden’s America: 1 in 4 Americans to Skip Thanksgiving to Save Money

One in five Americans are unsure if they will be able to cover the costs of Thanksgiving this year, and one in four plan to skip it to save money, a recent Personal Capital survey found.

Poll: Most CEOs Planning for Recession Over Next 12-18 Months

As central banks move to quell 40-year high inflation, CEO confidence is at its lowest point since the Great Recession, according to a quarterly poll of...

Americans’ Heating Bills Expected to Soar This Winter

American families will pay far more to heat their homes this winter, according to the Energy Information Administration (EIA), which predicts that some people will see bills as much as 28 percent higher compared to last winter, with the grim outlook coming as households expect inflation to rise and the economy to get worse.

More Inflation Pain for Consumers Likely as Business Cost Gauge Soars

Inflation from the perspective of business costs—which tend to get passed along to consumers—soared in September, reversing the prior month’s decline and coming in twice as high as markets expected, pointing to a drawn-out Fed fight against high prices.

$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Johnson

Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents.

The Economic Facts Demand a Democratic Midterm Defeat

The November midterm elections fast approach. Democrats are touting their massive stimulus, the mendaciously named Inflation Reduction Act, and the constitutionally illegal student loan...

Energy Nightmare in Europe Exposes Parallel Renewable Energy Problem for United States

At the beginning of September, approximately 70,000 people took to the streets of the Czech Republic’s capital city of Prague calling for the government...

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