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…
This is Where Americans Are Cutting Spending Due…
Inflation rates keep climbing which is causing Americans to cut back on their spending. “The pace of price increases moderated, but not as much as expected,” said Greg McBride, chief financial analyst at Bankrate, in…
Former White House Economist: This is Why Inflation…
Former Chairman of the council of economic advisers Kevin Hassett argued on Wednesday, shortly after the release of April's inflation data, that the Federal Reserve’s policies to try to alleviate soaring prices are not "having any effect at…
How Using a Cash-back Credit Card can Fight…
Cash-back credit cards operate with the simple premise of rewarding you with a certain amount of money returned to your pocket based on how much you spend on purchases. This happens in one of two…
Report: Wages Dip 3% Due to Inflation
Amid inflation that is spiraling out of control, real wages for Americans have dropped by nearly 3%. “Inflation ran 8.5% in the year ending last month, while nominal wages grew only 5.6%, a decline in…
San Francisco Study Blames Govt. Spending for Inflation
Ask Democrats and Republicans what is to blame for high U.S. inflation, and they would point their fingers at extremely different culprits. While the White House has identified supply-chain bottlenecks and other pandemic-induced disruptions in the economy for…
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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…
What Do Higher Inflation and Gas Prices Mean…
The average cost of gasoline hit a new record high on Monday amid Russia's invasion of Ukraine, even as American families still face inflation. A global investment consultancy put a number on how much these trends…
Inflation Could Reach 10% Because of Russia-Ukraine Conflict
U.S. inflation is already at the highest level in four decades. The worsening Ukraine-Russia crisis could push it even higher. That's because the conflict is threatening to send oil prices above $100 a barrel for the first time…