Inflation

DOJ Charges Trump with Conspiracy, Witness Tampering Tied to 2020 Presidential Election

The federal prosecution alleges that Trump was bent on retaining his position of power through a scheme that sought to undermine a fundamental function of the U.S. federal government—the execution of the process for “collecting, counting and certifying the results of the presidential election."

Interest Rates to Be at 22-Year High

The Federal Reserve approved an interest rate hike that will result in borrowing costs being at a 22-year high.

IRS Will Not Longer Visit Taxpayers Unannounced

"In place of the unannounced visits, revenue officers will instead make contact with taxpayers through an appointment letter, known as a 725-B, and schedule a follow-up meeting," a press release reads. "This will help taxpayers feel more prepared when it is time to meet."

75% of US Hospitals Profited from COVID Relief Funds: JAMA Study

Despite the pandemic-related challenges in 2022, such as inflation and rising costs, hospitals' margins continue to show signs of improvement.

Joe Biden’s Economic Approval Rating Just 37%

The report indicates that 58% of respondents disapprove of his handling of the economy, albeit a 4-point drop from the April survey.

Trump Announces Plan to Rescue U.S. Auto Industry from Biden’s ‘Job-Killing’ Policies (Watch)

"If Biden’s assault is not stopped, American auto-production will be totally DEAD," says Trump.

U.S. Federal Deficit Increases 156% While Revenues Weaken

The U.S. federal deficit increased 156% from expenditures as revenues continue to decline.

‘More Than $2 Trillion in Wealth Held by the Middle Class Has Been Eliminated’ Under Biden: UC Berkeley Economists

Just 39% of the middle-class Americans surveyed in a Harris Poll commissioned by Bloomberg in late March and June believe their financial situation will improve within the next year.

July 4th Meals Cost 14% More Under Biden Admin

Despite a dip from 2022's record-high, the cost of a cookout serving ten people sits at $67.73, reflecting an inflationary trend linked to what is currently being termed "Bidenomics" by the White House.

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