Labor Department

Business

Pete Buttigieg Boasts that High Gas Prices Are Forcing Americans Towards Electric Vehicles

American Faith -
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.
Breaking

Consumer Prices Rise to 9.1% As Americans Struggle Under Biden’s Economy

American Faith -
Inflation was already at a 40-year high.
Business

Jobs Data Show Two Post-COVID Americas

American Faith -
The Labor Department announced on Friday that the economy had recovered another 372,000 net jobs in June from the many jobs lost during COVID.
Business

Apple Employees at Maryland Store Vote to Unionize

American Faith -
The move creates the first union of Apple retail employees in the U.S.
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

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

Goldman Sachs-Backed Rental Funds Buy Entire Florida Community

American Faith -
The firm paid over $45 million for the entire 87-home neighborhood
Business

U.S. Inflation Rose to 8.3% in April Under Biden: Four-Decade High

American Faith -
Overall prices rose 0.3% from March.
Business

The Inflation Draining Your Wallet, Grocery Cart, and Gas Tank Is Far Steeper Than 8 Percent

American Faith -
The Labor Department’s March inflation numbers released this month skyrocketed past February’s, hitting a 12-month increase of 8.5 percent and the steepest annual increase since 1981.
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