Economic Recovery

US Retail Sales Slow By More Than a Fifth in November Amid Inflation Spike

US retail sales grew by 0.3% in November, down October’s growth of 1.7%, amid an inflation spike that has raised prices of all products, Commerce Department data showed on Wednesday.

Biden Beats Obama’s Record For Highest Wholesale Price Inflation Increase, Hits 9.6%

Joe Biden has shattered a record most presidents never hope to approach: November marked a 9.6% year over year inflation rate for whole sale prices, the highest recorded in U.S. history.

COVID relief funds diverted to NY CRT-style K-12 training via Biden American Rescue Plan

U.S. taxpayers are subsidizing New York's Culturally Responsive Sustaining Education Framework, which "portrays America as a structurally biased and oppressive nation in need of fundamental transformation," warns scholar/commentator Stanley Kurtz.

COVID Is a Pandemic of Fear ‘Manufactured’ by Authorities: Yale Epidemiologist

The COVID-19 pandemic has been one of fear, manufactured by individuals who were in the nominal positions of authority as the virus began to spread across the globe last year, according to Yale epidemiologist Dr. Harvey Risch.

Americans Plan to Spend More on Black Friday and Cyber Monday 2021 Than Last Year

A new report from Boston Consulting Group (BCG) shows that Americans plan to spend more during this year’s Black Friday and Cyber Monday events than last year’s, suggesting retailers may be in for a windfall as the busy holiday shopping season kicks off.

Gas Prices Are Rising. Who Did That?

Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.

Biden Picks Powell to Lead Fed for a 2nd Term, Brainard Nominated as Vice Chair

President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.

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.

‘It’s a melt-up’: U.S. stocks are on an unusually strong run heading into the holidays

‘Stocks are loving the very easy monetary policy,’ says a portfolio manager

Biden’s Visit to the Vatican

The party of JFK now loves to talk politics with the pope.

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