Prices

Americans Spending on Top 20 Drugs Nearly Doubles the Rest of the World Combined

The United States outspent every other country in the world combined when it came to the top-selling 20 pharmaceutical drugs, according to a recent analysis of company financial filings by Public Citizen.

China power shortage threatens supply chain disruption and higher prices

Electricity customers across China were forced to spend periods of the last few weeks in the dark as utilities cut out the lights to manage significant...

House tax bill would hit the middle class hard

A new congressional report shows that the tax increase bill approved by the House Ways and Means Committee would increase taxes on millions of taxpayers making less than $400,000. That would violate a pledge President Joe Biden has made repeatedly.

Bidenflation Unexpectedly Accelerated in August to Fastest Pace in Over 30 Years

Inflation unexpectedly accelerated in August, as shortages of a wide range of consumer goods and services drove up prices.

Biden inflation about to get worse, say oil industry analysts

Surging oil prices 'one of the biggest drivers'

Oil Prices Reach 3-Year High Amid Fuel Shortages

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

The Biggest Federal Reserve Scandal

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.

Stock buybacks boom as corporate cash piles grow

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 signals tapering could begin ‘soon,’ projects interest rate liftoff in 2022

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

The Great Reset of Beef Consumption

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

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