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Federalreserve, Public domain, via Wikimedia Commons

Yellen Says No Signs of Recession Despite GDP…

Treasury Secretary Janet Yellen said Thursday that the U.S. economy doesn’t appear to be in a recession despite two straight quarters of negative gross domestic product (GDP). During a Thursday press conference after the release of GDP…

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…

Mclaren 720s New Car

Average Car Payment Hits New Record Causing Americans…

The average car is getting less affordable for the average person, with typical monthly payments hitting all-time highs. According to a report by Cox Automotive and Moody's Analytics, the affordability of new vehicles continued to climb in…

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Energy Expert Says Inflation Has Not Peaked, Expect…

Oil Associates President Andy Lipow argued that inflation has not yet peaked and that higher oil prices are expected following the European Union’s decision to ban the overwhelming majority of Russian imports. Lipow made the arguments…

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

Former Fed President Reveals the ‘Big Mistake’ That…

Former President and CEO of the Federal Reserve Bank of Philadelphia Charles Plosser revealed on Thursday who he believes is responsible for the inflation "crisis" as price hikes sit near 40-year highs. Speaking on "Cavuto: Coast to…