Labor Department

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

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.

Biden Pardons 3 Felons, 2 Others

"America is a nation of laws and second chances, redemption, and rehabilitation," Biden said.

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.

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.

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.

Us Added 431,000 Jobs in March in Sign of Economic Health

America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.

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.

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

U.S. Inflation Hits Record-Breaking 7.9% Under Biden Admin.

U.S. inflation soared 7.9% in past year, a record 40-year high.

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