American families have lost $6,000 in annual wages thanks to President Joe Biden’s soaring inflation, a Heritage Foundation study revealed over the weekend.
Former President Barack Obama took some shots at his fellow Democrats, calling them 'buzzkills' and says their rhetoric forces people to 'walk on eggshells.'
Thousands of people took to the streets of Paris on Sunday to protest against soaring prices as weeks of strikes for higher wages at oil refineries spurred demands for a general strike.
One in five Americans are unsure if they will be able to cover the costs of Thanksgiving this year, and one in four plan to skip it to save money, a recent Personal Capital survey found.
American families will pay far more to heat their homes this winter, according to the Energy Information Administration (EIA), which predicts that some people will see bills as much as 28 percent higher compared to last winter, with the grim outlook coming as households expect inflation to rise and the economy to get worse.
Inflation from the perspective of business costs—which tend to get passed along to consumers—soared in September, reversing the prior month’s decline and coming in twice as high as markets expected, pointing to a drawn-out Fed fight against high prices.
