Prices

Surging oil prices 'one of the biggest drivers'

Oil prices on Tuesday hit a near-three-year high amid energy supply shortages, the Wall Street Journal reported.

Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules.

The Delta variant is keeping more companies cautious about how to invest the mountains of cash they have at their disposal. That hesitancy has led, in part, to corporate spending on stock buybacks outpacing capital expenditures this year.

Fed's Powell signaled last month tapering could begin later this year.

"You are not going to eat beef in the future — I one hundred percent guarantee it."

As we covered last Wednesday for Newsmax.com, America’s likely voters are souring on President Joe Biden and the Democratic Party as a whole.

Let's get this right: global warming caused the record cold in Texas last winter.  And the climate will be even colder for decades to come because the climate is warming, so let's spend trillions to make it colder.  Global warming is making us cold, so we need to make it colder, or else the Earth will burn up.

Inflation continued to surge in August, but appeared to settle at nearly the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Tuesday.

Producer prices increased by more than expected in August, a reminder that inflation pressures continue to linger in the economy.