Inflation

Business

Target Battles Plummeting Profits and Ballooning Inventory by Offering Rare Discounts on Clearance Merchandise

American Faith -
Target has started offering discounts to clear out excess items from its inventory.
Business

Biden Adviser Sperling on Recession Fears: ‘Too Many People’ ‘Not Realizing’ How Successful Our Policies Were

American Faith -
On Friday’s broadcast of MSNBC’s “Chris Jansing Reports,” Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority...
Business

Farmers Warn Soaring Diesel Prices Could Cause Food Shortages

American Faith -
Soaring diesel prices could cause food shortages, farmers warned this week.
Business

US Stocks Sink to Lowest in a Year

American Faith -
US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year.
Business

BlackRock: Globalist Company that Owns All Other Companies Vows to ‘Drive Global Energy Transition’

American Faith -
World's largest asset manager brags about its "ability to convene companies, governments and institutional clients."
Breaking

Ohio Police Department Cuts Back Patrols Over Gas Prices

Carli Eastwood -
Police department in Ohio has started cutting back on patrol cars due to rise in gas prices.
Breaking

Fed Hikes Rates by the Most in 28 Years, Signals Volcker-Era Is Back

American Faith -
The Fed hiked rates by a stunning (but expected) 75bps - the biggest hike since 1994. Esther George dissented (preferring 50bps).
Business

Producer Prices Up 10.8% from Last Year Under Biden: U.S. Bureau of Labor Statistics

American Faith -
Up 0.8% from prior month.
Business

U.S. Sending Ukraine Another $1.2 Billion Amid Domestic Economic Downturn

American Faith -
Joe Biden says he "informed President Zelenskyy that the United States is providing another $1 billion in security assistance for Ukraine."
Business

Gas Prices Reach Record High for 16TH Consecutive Day

American Faith -
Gas prices continued to climb on Monday, reaching a record high for the sixteenth consecutive day, AAA data shows.
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