Federal Reserve

Pfizer Is Funding Facebook’s Fact-Checking Partner

Pharmaceutical giant Pfizer Inc. is sponsoring journalism training programs utilized by Facebook to train its “fact-checking” partners and censor stories and posts critical of COVID-19 vaccines.

Federal Reserve Chairman Powell Announces Increase in Interest Rates This Month

The Fed's rate increase would be the first since 2018

Full Text: Joe Biden’s State of the Union Address

Madam Speaker, Madam Vice President, our First Lady and Second Gentleman. Members of Congress and the Cabinet. Justices of the Supreme Court. My fellow Americans.

Oil Prices Surge Above $100 a Barrel as War on Ukraine Rages

Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.

Biden Sending $350 Million in Military Aid to Ukraine, NATO Providing Weapons, Zelenskyy calls on nations to punish Putin

As Russian forces march closer to the capital city of Kyiv, the international community is sending military aid to Ukraine. However, Ukrainian President Volodymyr Zelenskyy is calling on nations to inflect financial punishments on Vladimir Putin for invading Ukraine.

The Federal Reserve: Enemy of American Workers

According to numbers released by the US government, consumer prices have increased by 7.5 percent in the past year, the steepest increase since 1982.

‘Vulnerable’ Senate Dems Propose Cutting Gas Tax

Here’s an actual headline good for some laughs: “Vulnerable Senate Dems try to run as tax-cutters.” That howler of a header appeared this week in Politico.  

How Government Spending Fuels Inflation

When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.

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