Inflation

More Than 40% Of Companies Say Workers Have Asked for Higher Pay to Offset Inflation. Few Have Revised Salary Budgets.

Inflation may be hitting new 40-year highs, but less than a quarter of U.S. organizations say they are revising their salary budgets due to inflation.

UK Central Bank Warns of 8 per Cent Inflation by Next Month as They Hike Interest Rates

The Bank of England has warned that inflation could hit 8 per cent by as early as next month in Britain as it raised interest rates to pre-pandemic levels on Thursday.

U.S., Mexico Prepare for New Migrant Wave as Inflation Surges

Officials from the administrations of presidents Joe Biden and Andres Manuel Lopez Obrador in recent days discussed their concern about the impact that rising food and energy prices will have on the region

Fed Raises Interest Rates for First Time in 3 Years, Projects 6 More Hikes as Inflation Soars

Federal Reserve increases key benchmark rate by 25-basis points

Police Departments Report Spike in Gas Thefts Amid Rising Fuel Prices

With sharply rising gasoline prices come nefarious methods criminals use to avoid the pain at the pump.

Majority of Americans Don’t Believe Biden Will Seek Second Term in 2024

A slight majority of Americans — 52 percent — don’t expect President Biden to run for re-election in 2024, citing his age, feeble favorability ratings and his response to inflation and rising prices, according to a survey released Tuesday.

White House Hires TikTok Influencers To Blame Russia for Gas Prices

The Biden administration has asked TikTok stars to publish content blaming Vladimir Putin for the rising gas prices in the United States.

Forty Percent of New Yorkers Want to Leave ‘Vampire State’

New Yorkers are done with high taxes and Democratic leadership, and around 4 in 10 are looking for a way out of the state.

IMF Predicts Russia Heading for ‘Deep Recession’ as Sanctions Bite

The International Monetary Fund (IMF) predicted Sunday that Russia will be moving towards a “deep recession” as a consequence of the trade sanctions imposed on Moscow after the invasion of Ukraine.

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