Federal Reserve

A year ago, President Joe Biden was riding the polls with a 59 percent approval rating having just signed what he called the “American Rescue Plan”...

Inflation at 40-year high.

Waning optimism over global economic growth prospects and rising stagflation fears have prompted investors to seek shelter in investment hedges.

The United States added just one oil rig this week amid renewed pressure from climate change activists on investors to deny capital to fossil fuel producers.

The U.S. central bank may hike interest rates by up to 75 points due to the high rate of inflation, according to James Bullard, president of the St. Louis Federal Reserve Bank who also added that he does not expect such an increase to occur right away.

The Biden administration and its allies continue to use Russian President Vladimir Putin as the convenient excuse for their economic failures.

China is using its new Covid lockdowns to slow down supply lines to the United States, according to one analyst.

Know-nothing pundits and politicians have been communicating to Americans that inflation is, like the weather, a mystery they can’t control.

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.

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