Consumer Prices

The Manchin-Schumer Taxes Would Hit Both Rich and Poor Americans

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.

3 Out of 4 Middle Class Families Are Falling Behind as Prices Rise

Three out of 4 middle class households report falling behind the rising cost of living as inflation continues to soar, according to a new poll.

Only 18% of Americans Want Joe Biden to Run Again

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.

Exclusive — Rep. Elise Stefanik: Americans ‘Don’t Really Care’ About January 6 ‘When They Can’t Afford Their Grocery Bills’

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

Here’s Where Inflation Is Taking the Biggest Bite Out of Americans’ Wallets

The Consumer Price Index (CPI) reached its highest rate in over 40 years in May, adding more strain on U.S. household budgets.

Situation in Russian Economy, Ruble’s Exchange Rate Stabilizing, Says Putin

The situation in the Russian economy is stabilizing, while the ruble’s exchange rate is returning to the levels of early February, President Vladimir Putin said at a meeting on economic issues on Monday.

Mexican Truckers Shut Down Commercial Traffic at Key Entry Point to Texas

Commercial traffic at a key U.S.-Mexico border crossing has reportedly ground to a halt after Mexican truckers blocked lanes to protest a new inspection policy from Texas Gov. Greg Abbott.

Us Added 431,000 Jobs in March in Sign of Economic Health

America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.

Investors Now Expect Fed to Raise Rates Faster Than It Has in a Generation

Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.

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