Inflation

EU Votes to Ban New Gas-Powered Cars by 2035

The European Union has voted to ban the sale of new gasoline-powered cars and vans by 2035, requiring all new cars in Europe to be electric in 12 years.

Biden and Inflation Added $3.1 Trillion to Federal Deficit, CBO Reports

President Biden and the Democrat-led Congress helped add $3.1 trillion to the federal deficit over the next decade, the Congressional Budget Office said Wednesday, delivering a depressing picture of the government’s finances and the economy.

Inflation Up 6.4% From Last Year, Rising for the First Time in Months, Labor Department

The Consumer Price Index in January increased by 6.4% compared to the same time last year, in what was the highest inflation numbers since October 2022, the Labor Department said Thursday.

Rising Inflation, Household Income Growth Not Meeting Expectations Under Biden Admin

The prices of all items have increased by 0.5% from December to January, marking the highest monthly increase since October.

Biden Gives False Impression on Jobs During State of the Union Address

Democrat policies shuttered businesses during the COVID-19 pandemic.

Half of Americans Say They Are Worse Off, Highest Since Great Recession

Half of Americans say they are worse off financially than they were a year ago, the highest level of reported decline since the financial crisis, a Gallup poll released Wednesday showed.

Watch Trump’s Response to Biden’s State of the Union Address (Video)

Donald Trump responds to Biden's State of the Union address, criticizes record on border security, crime, economy, free speech, foreign policy, calls Biden corrupt and promises to reverse "crisis, calamity, and disaster."

(Sales) Taxation Is Theft

A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax.

The Fake Meat Industry Is Failing, But That Might Lead to Governments Propping It Up

Impossible Foods, manufacturer of plant-based meat alternatives, is laying off 20 percent of its workforce.

Former Walmart CEO Says Consumers Could Be In a ‘World of Hurt’ if Biden Doesn’t Take Action on Inflation Issue

Former Walmart CEO Bill Simon warned Americans this weekend of the detrimental impact that corporate layoffs could have on the U.S.'s feeble economy.

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