Still don’t believe the Fed caused inflation?
By Kelly Evans The fascinating thing about the reaction to last Friday’s economic reports–which triggered the Fed’s sudden 75-basis-point rate hike yesterday–is how many people still believe this inflation was…
Caterpillar to move global HQ from Illinois to Texas
By Lucas Manfredi Construction and mining equipment giant Caterpillar will ditch Deerfield, Illinois and relocate its global headquarters to Irving, Texas. “We believe it’s in the best strategic interest of…
Average Cost for a Gallon of Gas Hits $5 for First Time in US History
By Zachary Stieber The average price of a gallon of gas nationwide has hit $5 a gallon for the first time in history. The average price hit $5 on June…
Supply Chains Worldwide Shifting Toward ‘Just-In-Case’ Model: SAP
By Naveen Athrappully Global supply chains are changing their inventory models, shifting from “just-in-time” (JIT) to “just-in-case” (JIC) models amid supply disruptions and uncertainties, according to SAP UK. Almost every…
Natural gas falls prey to Biden’s war on the energy grid
By James Sweet Improvements in the nation’s natural gas infrastructure are getting more difficult as President Joe Biden wages war against the United States’s energy grid. Regulatory burdens have plagued…
White House scrambles on inflation Biden caused after he complains to aides
By Tyler Pager, Jeff Stein The White House launched a new push Tuesday to contain the political damage caused by inflation after President Biden complained for weeks to aides that…
President Biden seems to praise high gas prices as ‘incredible transition’ Americans must go through
By Adam Sabes Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com.NEWYou can now listen to Fox News articles!Listen to this article0:00 / 3:091XBeyondWords President Biden…
Biden admin cancels massive oil and gas lease sale amid record-high gas prices
By Tyler O’Neil The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices…
Inflation ticked down to 8.3% annual rate in April, still more than expected and at 40 year highs
by Zachary Halaschak, Economics Reporter Inflation slowed slightly to 8.3% for the 12 months ending in April, according to the consumer price index, the first decline in eight months but…
GAO warns of ‘unsustainable fiscal future,’ debt reaching over 200% GDP
by Paul Bedard, Washington Secrets Columnist While rocketing inflation, cratering stocks, and persistent supply chain woes have the administration and public focused on the day-to-day economic crisis, the nation’s auditor…
A Recession Is on the Horizon
By Milton Ezrati Commentary The recent disappointing report on the gross domestic product (GDP) may reflect statistical particulars more than the immediate onset of a recession. But the real thing…