Inflation

U.S. Wages Crash by Almost 3%

Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.

Wholesale Inflation Soars at 11.2% Rate in March, Largest Gain on Record

Wholesale inflation rose 11.2% annually in March, driven largely by an increase in the price of gasoline, the Bureau of Labor Statistics reported on Wednesday.

Lawmakers Sound Alarm on Shrinking Middle Class as Inflation Hits a High

House lawmakers are mulling the future of the middle class, as economic challenges and inflation continue to burden Americans.

This Isn’t Putin’s Inflation

White House aides were out in force on Monday warning that Tuesday’s inflation report would be ugly and blaming it on Vladimir Putin.

Just 16 Percent Strongly Approve of Joe Biden

Just 16 percent of Americans strongly approve of President Joe Biden, a Wednesday Morning Consult/Politico poll reveals.

Amazon to Charge Merchants 5% Surcharge for Fulfillment Services as Fuel Costs Rise

Amazon.com Inc. on Wednesday said it will impose an average 5% fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs.

U.S. Inflation Hits 8.5% Under Biden: Highest Since 1981

Gas prices rocket 48% in past 12 months.

White House Expects Inflation to Be ‘Extraordinarily Elevated’ in March Report

The Biden Administration painted a bleak outlook for Tuesday’s much anticipated consumer inflation report.

Mexican Truckers Shut Down Commercial Traffic at Key Entry Point to Texas

Commercial traffic at a key U.S.-Mexico border crossing has reportedly ground to a halt after Mexican truckers blocked lanes to protest a new inspection policy from Texas Gov. Greg Abbott.

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