U.S. consumer prices unexpectedly rose in August and underlying inflation accelerated amid rising costs for rents and healthcare, giving the Federal Reserve ammunition to deliver a third 75 basis points interest rate hike next Wednesday.
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
President Joe Biden’s Transportation Secretary, Pete Buttigieg, boasted about how high gas prices are forcing Americans towards electric vehicles during an interview on Thursday on REAL 92.3’s Big Boy TV.