Prices

Business Activity Growth Slows While Labor Cost Inflation Hits Record High: Chicago Fed

A new report from the Chicago Federal Reserve on business conditions in the central bank’s seventh district paints a picture of slowing growth and historically high price pressures, with labor cost inflation at a record high.

Recall the California Ideology

A careening Golden State is heading for a colossal train wreck. Voters will have to pick between the incompetent engineer or the private passenger rushing into the cab to get the engine back on track.

US Gasoline Prices Expected to Fall Under $3 Per Gallon By Fourth Quarter

US gasoline prices, retailing at seven-year highs above $3.15 per gallon due to peak seasonal demand and outages from Hurricane Ida, are expected to fall to under $3 by the fourth quarter of this year, the Energy Information Administration (EIA) said on Wednesday.

Biden’s energy-climate agenda facing 5 big problems

'Oil obviously has no alternative'

Pandemic unemployment benefits set to end, shaking up labor market

As Labor Day weekend comes to a close, so too will expanded unemployment benefits for millions of people across the country.

Donald Trump Says Biden Is Doing So Bad, Foreign Leaders Are Calling Him to Complain

I think it’s fair to say that President Joe Biden has already eclipsed former President Jimmy Carter as the worst U.S. president in modern history.

Chip shortage forces General Motors to idle North American plants

General Motors will temporarily shut down eight of its 15 North American assembly plants for a week starting Monday because of a worsening global microchip shortage, according to ABC News.

Economy falls well short of expectations with 235,000 jobs added in August amid delta surge

The economy fell far short of predictions and added just 235,000 new jobs in August as the delta variant of COVID-19 surged.

Woke, Inc.: Inside Corporate America’s Social Justice Scam

In 2020, at the World Economic Forum, David Solomon, the CEO of Goldman Sachs, proclaimed that the investment firm wouldn’t take corporations public unless they had at least one “diverse” member on their board.

South Korea bans Google, Apple payment monopolies

South Korea’s National Assembly approved legislation on Tuesday that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems.

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