Economy

More Countries Agree to Ruble Payments for Gas – Russian Deputy PM

Several buyers of Russian natural gas have agreed to switch to payment in rubles, Russian Deputy Prime Minister Alexander Novak said on Friday.

New Mexico Paying College Tuition for Illegals With COVID Relief Funds

New Mexico Governor Michelle Lujan Grisham has signed the New Mexico Opportunity Scholarship Act into law, which provides scholarships covering tuition and fees at the state’s public higher education institutions.

U.S. Wages Crash by Almost 3%

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

Wholesale Inflation Soars at 11.2% Rate in March, Largest Gain on Record

Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.

This Isn’t Putin’s Inflation

White House aides were out in force on Monday warning that Tuesday’s inflation report would be ugly and blaming it on Vladimir Putin.

Just 16 Percent Strongly Approve of Joe Biden

Just 16 percent of Americans strongly approve of President Joe Biden, a Wednesday Morning Consult/Politico poll reveals.

Lawmakers Sound Alarm on Shrinking Middle Class as Inflation Hits a High

House lawmakers are mulling the future of the middle class, as economic challenges and inflation continue to burden Americans.

U.S. Inflation Hits 8.5% Under Biden: Highest Since 1981

Gas prices rocket 48% in past 12 months.

Chinese Residents Trapped in Lockdown Scream from Their Windows, Fight over Limited Food

Videos surfacing on social media in the past week from Shanghai – and rapidly deleted on government-controlled sites like Weibo – show mounting desperation as a poorly planned coronavirus lockdown leaves the heart of China’s economy with rotting food and a lack of basic necessities.

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