Rising Inflation

Companies raise prices in response to higher labor costs, fanning inflation further

We don't need a majority. Revolutions never have. We need a minority of Wide Awake Americans to coalesce, to see, judge, and act.

Senate Majority Leader Chuck Schumer (D-N.Y.) moved quickly on Tuesday to advance Democrats’ $3.5 trillion budget resolution bill, coming soon after the Senate voted to pass a $1.2 trillion infrastructure measure.

jumped, doubling the fears of just three years ago, according to a groundbreaking “Inflation Index” survey provided to Secrets.

Net percentage of companies with rising profit margins.

Oil futures headed slightly higher on Thursday, with global benchmark Brent crude holding ground at its highest price since October 2018, as investors gauged signs of strengthening demand and kept an eye on any potential response to recent price rises by OPEC+.

A poll indicated Monday more Americans hold President Joe Biden responsible for rising inflation than Former President Donald Trump.

The Labor Department reported Wednesday that the Consumer Price Index, a measure of prices paid for goods and services, including housing and energy costs, rose 4.2% from where it was a year ago. Economists had predicted only a 3.6% increase. Inflation rose by 0.8% in April vs. the expected 0.2% increase.

Nations around the world face a number of challenges in rebuilding their economies. One of them is the specter of greater inflation.