The U.S. trade deficit rose an astonishing 22 percent in March to $109.8 billion as prices of oil and imported products rose due to soaring inflation, according to data released Friday by the Census Bureau and the Bureau of Economic Analysis.
Democrats on Capitol Hill are increasingly anxious about how to show voters they are taking aggressive action to deflate swelled gasoline prices, even if that means voting on legislation that would likely not bear results.
issued a waiver on Friday designed to expand the sale of ethanol-blended gasoline as part of President Joe Biden's strategy to bring down high fuel prices.
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.
A database that tracks Big Tech censorship of President Joe Biden's critics has found more than 640 examples of bias against posts that could politically damage the president.
The military spending of all nations combined set a new record in 2021, exceeding the $2 trillion mark for the first time ever, the Stockholm International Peace Research Institute (SIPRI) revealed in a report published on Monday.