September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
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Blue State Governor Defy Biden’s Gas Tax Pause
President Biden is calling for a suspension of gas taxes as a means of lowering fuel prices, but two Democratic governors oppose taking similar measures in their states. Washington Gov. Jay Inslee and Oregon Gov. Kate…
Dow Plummets Below 30,000
The Dow Jones Industrial Average fell below 30,000 on Thursday for the first time since January 2021 amid dismal inflation news and an aggressive interest rate hike from the Federal Reserve. The Dow — a stock market index that tracks…
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House Republican Introduce New Bill to Block Biden…
Rep. Scott DesJarlais, R-Tenn., is set to introduce a bill that will aim to block President Biden’s student loan forgiveness plan. "There's a lot of people out there that took out loans and, you know, maybe…
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Tennessee College Going Remote on Fridays to Save…
Southwest Tennessee Community College announced it will be holding remote classes on Fridays in an effort to save students gas money. The college began remote Fridays on May 27 and will continue the practice through Aug.…
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Report: Biden Admin. Mulling Tapping Federal Diesel Reserve…
The Biden administration is reportedly considering tapping the nation's federal diesel reserve to help alleviate the growing energy shortage. “The team has prepared emergency declarations for President authorize release from the Northeast Home Heating Oil…
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Households are Spending $5,000 a Year or More…
U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research. In March, the annual rate of gasoline spending was at $3,800, Yardeni…
Wholesale Prices Spike to Historic Highs
Wholesale prices surged again in March as strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine continued to fuel the highest inflation in decades. The Labor Department said Wednesday that its producer price…
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Easter Becomes the Latest Holiday Hit by Biden’s…
Easter will be the latest holiday to be impacted by President Biden's rising levels of inflation, leaving Americans feeling a pinch in their wallets once again. The New York Post conducted a survey of a number of…