On Friday’s broadcast of CNBC’s “Squawk on the Street,” BlackRock CEO Larry Fink stated that it will be difficult to reach 2% inflation and one reason is “We have a trillion dollars of fiscal stimulus in the CHIPS Act, the
How Biden's Inflation Reduction Act Failed To Reduced Electricity Costs In Pictures Authored by Mike Shedlock via MishTalk.com, Let’s check in on the not exactly impressive energy and inflation results of Biden’s Inflation Reduction Act (IRA) Data from the BLS, chart by Mish Biden’s energy policy has been an inflationary disaster. And make no mistake, the IRA was nothing but energy policy, more precisely, climate policy. The Inflation Reduction Act Is a Climate Bill Bloomberg...
Inflation likely remained elevated once again for the month of March, adding another round of price increases to Americans' already-strained wallets. On paper, the U.S. economy looks solid. The unemployment rate has now remained below 4% for the longest stretch since the 1960s. Stocks are at all-time highs. The economy continues to add jobs. But since the start of the pandemic, Americans have seen average prices increase more than 20% overall — giving people a sense that the cost of many...
On Friday’s broadcast of CNBC’s “Squawk Box,” Agriculture Secretary Tom Vilsack responded to a question on if spending in the Inflation Reduction Act will create inflationary pressure by stating that “One of the things that I think is missed about the
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
The Department of Justice on Wednesday accused drug maker Regeneron Pharmaceuticals Inc. of fraudulent practices related the pricing of its blockbuster
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
The U.S. Is Facing Record Drug Shortages And just like that, the supply chain crisis we saw for pharmaceuticals during Covid has returned. ABC reported this week that drug shortages in the United States have reached an "all-time high". In the first quarter of 2024, the U.S. faced 323 active medication shortages, surpassing the previous record of 320 in 2014, as reported by the American Society of Health-System Pharmacists and the Utah Drug Information Service, the report says. ...
President Joe Biden has spent three and a half years buying votes with your money. Your taxes may not have gone up, because Biden hasn’t financed his spending with federal revenues so much as with money created out of thin air — which is to say, the cost of Biden’s spending spree has been rampant inflation which is still too […]
CHICOPEE, Mass. (WWLP) – The latest reports on inflation show as of March, consumer prices are continuing to increase, which means interest rates are likely not to be cut.
Sydney Sweeney responded to recent comments producer Carol Baum made about her during a talk, with the actress saying she was sad a Hollywood veteran like Baum would “attack another woman.”
The incident triggers clashes outside the church between police and an angry crowd of the bishop's followers who demanded the attacker be handed over to them