Inflation

Moody’s Chief Economist: ‘Inflation Is Still High’ So Problems Like Banking Issues Will Continue for ‘Next 12-18 Months’

During an interview with CBS News on Tuesday, Moody’s Analytics Chief Economist Mark Zandi stated that the problems in the banking industry are the inevitable result of rate hikes by the Federal Reserve where “things are going to start to wobble and break and it’s going to feel uncomfortable.”

GOP Chair Ronna McDaniel Says Widespread Bank Failures Highlight Biden’s Incompetence

GOP Chair Ronna McDaniel says widespread bank failures highlight Biden's incompetence.

U.S. Maternal Mortality Rate Jumped 40 Percent Amid Pandemic

The maternal death rate across the United States rose significantly in 2021 amid the COVID-19 pandemic, according to a new report from the National Center for Health Statistics at the Centers for Disease Control and Prevention (CDC).

Biden’s Policies Responsible for Persistent Inflation, ‘Potential Banking Crisis,’ Economist Says

The consumer price index, a key measure of inflation, rose 0.4% in February, up 6% from February 2022, the U.S. Bureau of Labor Statistics reported on Tuesday.

Home Depot Co-Founder Blasts ‘Woke’ Silicon Valley Bank Collapse

Home Depot co-founder Bernie Marcus discussed the devastating collapse of Silicon Valley Bank, urging Americans to "wake up" and understand that the U.S. economy is in "tough times."

Biden’s Energy Secretary Says U.S. Can ‘Learn From China’ On Climate Policy

Energy Secretary Jennifer Granholm said Friday that everyone could “learn from” China when it came to climate policy while speaking at the South by Southwest festival.

Joe Manchin Rejects Another Biden Nominee, Says Administration Is Pandering To Climate Activists

Senator Joe Manchin (D., W.V.), chairman of the Senate Energy and Natural Resources Committee, announced Friday that he would reject yet another Biden nominee, arguing that the administration is pandering to climate radicals.

Biden Budget Proposes $17 Trillion in Deficits Over Next Decade

President Joe Biden revealed the third budget of his presidency, proposing to spend $6.8 trillion and raise taxes by approximately $5 trillion.

Freedom Caucus Lists Demands for Debt Limit Vote

Members of the House Freedom Caucus on Friday outlined the conditions necessary to attain their vote for a raise on the national debt limit, including setting a cap on discretionary spending for 10 years, stopping President Joe Biden's student loan forgiveness plan, and pulling back the $80 billion approved late last year to expand the Internal Revenue Service.

Biden’s Proposes Over $2 Trillion in Tax Hikes

Taxes aimed at corporations could get passed on to consumers.

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