Inflation

Powerful Jan. 6 Panel’s Efforts May Hurt Biden, Democrats

The partisan House Jan. 6 select committee's investigation could backfire on President Joe Biden and Democrats in next year's midterms, according to the Washington Examiner.

US Retail Sales Slow By More Than a Fifth in November Amid Inflation Spike

US retail sales grew by 0.3% in November, down October’s growth of 1.7%, amid an inflation spike that has raised prices of all products, Commerce Department data showed on Wednesday.

Biden Beats Obama’s Record For Highest Wholesale Price Inflation Increase, Hits 9.6%

Joe Biden has shattered a record most presidents never hope to approach: November marked a 9.6% year over year inflation rate for whole sale prices, the highest recorded in U.S. history.

Bill that Biden says pays for itself actually adds $3 trillion to deficit, CBO warns

West Virginia Democratic Sen. Joe Manchin, a pivotal vote for the Democrats on the bill, calls the CBO's latest cost analysis "very sobering."

Trump: ‘America Loves Christmas’

In a preview of a special Christmas interview with former Arkansas Gov. Mike Huckabee, President Trump reminded Americans of their treasured Christian heritage which becomes the central focus around this time of year. “America loves Christmas,” said Trump to Huckabee.

Fastest Consumer Price Increase Since 1982—6.8% Jump in November

New data show inflation rising at fastest pace in 40 years under Biden admin.

Markets Brace for Highest Inflation Print in 39 Years

Inflation numbers due to be released later Friday by the U.S. Bureau of Labor Statistics (BLS) are expected to show consumer prices rising at their fastest pace since 1982, with investors bracing for what could be a market-moving data drop.

Unit Labor Costs Surged in 3rd Quarter, Adding to Signs of Persistent Inflation

U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.

Voters Pessimistic on Economy, Biden’s Leadership: WSJ Poll

"First survey in The Wall Street Journal's new polling effort shows Republicans in strong position."

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