Prices

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."

McLaughlin Poll: Trump’s Coming Electoral Landslide

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.

Warming Causes Cooling, Says Climate Scientist

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 surges as prices spike 5.3 percent, settling at high pace

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 are still moving up as inflation concerns linger

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

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.

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