Stimulus

Fed Hikes Interest Rates 0.75% As It Struggles Against Highest Inflation in Decades

The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.

Americans Look For Inflation-Proof Investments as Financial Situations Deteriorate Ahead of Mid-Term Elections

It seems that every day continues to bring more bad news about the future of the economy and the state of Americans’ financial health.

Bezos Issues Dire Warning for U.S. Economy

Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.

Biden Announces Release of More Oil From Strategic Reserve Ahead of Midterms

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

A Big Picture Look at the Disastrous Public Health Response to COVID-19

An underlying principle of public health is, or was, to provide the public with accurate information so that they can make good health choices for themselves and their community.

Social Security Payments Set for Big Increase. What to Know.

Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes.

Treasury IG Probing DeSantis’ Migrant Flight Spending

President Joe Biden's Treasury Department is investigating if Florida Gov. Ron DeSantis misused COVID-19 relief funds to transport migrants to Martha's Vineyard.

The Economic Facts Demand a Democratic Midterm Defeat

The November midterm elections fast approach. Democrats are touting their massive stimulus, the mendaciously named Inflation Reduction Act, and the constitutionally illegal student loan...

Get Ready for Gas Prices to Go Back Up

What does Janet Yellen know that the rest of us don’t?

Americans Spent More on Taxes in 2021 Than on Food, Clothing and Health Care Combined

According to newly released data from the Bureau of Labor Statistics, Americans in 2021 once again spent more on average on taxes than they did on food, clothing and health care combined.

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