The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.
On the menu today: The public remarks of President Biden get covered by the national news media, but they tend to come and go with minimal impact, in large part because the president just blurts out whatever sounds good in his head, regardless of its accuracy, and he frequently contradicts himself.
President Joe Biden deflected blame for Terry McAuliffe’s loss in the Virginia gubernatorial race Wednesday, saying he is “not sure” that he would have been capable of changing the high voter turnout among Republicans. Younkin’s campaign focused heavily on education, particularly the spread of critical race theory (CRT) in school curriculums.
The CEO of United Airlines has warned that prices for flights during the busy holiday season will spike. United Airlines CEO Scott Kirby said surging fuel prices are to blame for the upcoming travel prices that are expected to balloon.
