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Report: Inflation Soars to 9.1%

The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, meaning that inflation once again surpassed record highs, a Wednesday morning report from the U.S. Bureau of Labor Statistics showed. The most recent year-over-year inflation figure…

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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…

Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

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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Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

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…