Consumer Prices

The Pain Isn’t Goin’ Away: Inflation Cost Households an Extra $10K

Inflation is over, the administration crows, even as Congress works to pass another massive spending bill — this time, $1.7 trillion.

How to Refute the White House’s Thanksgiving ‘Talking Points’ Memo

The White House on Wednesday published a list of Thanksgiving "talking points" to be shared around the dinner table this holiday. White House chief of...

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

US Economy Added 261,000 New Jobs in October as Hiring Stays Strong

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

Americans Have Lost $4.2K in Income Under Biden

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

Stubbornly High Rents, Food Prices Boost U.S. Inflation in August

U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.

Slumping U.S. Stock Market Technical Indicators Flash Warning Sign

Indicators that investors use to gauge the health of the U.S. stock market have taken a turn for the worse, fueling worries that the benchmark index may revisit its mid-June bear market low.

Government Revision Shows Economy Shrank 0.6% Last Quarter

The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial...

As Biden Touts ‘0 Percent Inflation,’ Americans Are Crossing the Border for Affordable Food, Gas

Surging U.S. gas and food prices have prompted residents of Southern California to head south of the border to do their shopping and fill up their tanks.

Food Prices Up Under Biden Admin: Fastest Rate Since 1970s

"The food index increased 10.9 percent over the last year, the largest 12-month increase since the period ending May 1979": Bureau of Labor Statistics.

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