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.
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.
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.
"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.
President Joe Biden promised on Thursday that the so-called “Inflation Reduction Act” wouldn’t raise taxes on Americans making less than $400,000 a year. But, in fact, the bill would increase taxes collected from the American people by more than half a trillion dollars, affecting both rich and poor alike.
One in five Americans want President Joe Biden to run for reelection while the vast majority say it is time for Biden to call it quits, a Yahoo News/YouGov survey released Thursday found.
Rep. Elise Stefanik (R-NY) noted Americans’ broad disinterest in Democrats’ hyping of the events on January 6, 2021, on Friday’s edition of the Breitbart News Daily podcast with host Alex Mar