US Economy
Inflation Reaches Highest Level in 4 Decades
A new Labor Department report shows the consumer price index rose 7% in December, the fastest increase in four decades.
demanuelcis
January 13, 2022
A new Labor Department report shows the consumer price index rose 7% in December, the fastest increase in four decades.
The U.S. Supreme Court weighs in on the constitutionality of Biden’s executive order to mandate vaccines on private businesses with
The role of U.S. Citizenship and Immigration Services (USCIS), under the Department of Homeland Security (DHS), is to oversee lawful immigration. However,
Purportedly, Chinese social media users sent angry messages over Facebook saying Walmart and Sam’s Club stopped stocking products from Xinjiang,
China’s trade surplus is the biggest factor that assisted the Yuan in gaining ground against the U.S. Dollar in 2021.
Gov. Ron DeSantis held a meeting with the Florida State Board of Administration (SBA) to survey woke corporations and state
Annual inflation increased 6.8%, according to a report by the Bureau of Labor Statistics, the highest inflation rate in four
Joe Biden’s Build Back Better plan does not meet Virginia Sen. Joe Manchin’s standards for approving a bill. First, the
The Infrastructure bill requires brokers to report all digital asset transactions over $10,000 to the IRS. However, two representatives introduced
The Occupational Safety and Health Administration has announced that it will comply with the U.S. Court of Appeals for the
The U.S. Senate recently approved legislation providing over $54 billion for the CHIPS Act. The Act is to boost the
Business owners in Kenosha, Wisconsin are preparing for riots to break out in the streets as they await the verdict
The $1.2 trillion infrastructure spending bill goes far beyond the traditional definition of infrastructure. The budget does include billions for
Biden’s vaccine mandate will stifle entrepreneurship, according to a small business advocacy group. The Occupational Safety and Health Administration can
Senate Democrat Joe Manchin wants full disclosure of the proposed spending bill’s economic shock to the nation. Manchin said that
The latest version of the budget reconciliation package includes a historic $555 billion over ten years to address climate change.
Truck driver Carlos Rameriz said the reported driver shortage causing the supply chain crisis is a big excuse and a
Biden criticized 55 companies that utilize legal practices to avert taxes. He says that regular Americans spend more on their
Democrats must have the support of Senators Manchin and Sinema to pass the highly debated increased social spending package and
Due to harsh criticism from Republican lawmakers and the banking community, Biden backed off on a proposal that would allow
Cargo ships continue to pile along California coastlines, although Biden approved an extension for ports to work extra time amidst
Senators discuss in Congress how affordable Biden’s spending plan is. With a 3 trillion in deficit for last year, some
The Biden administration is pushing to give the IRS banking information for millions of Americans and businesses. Their goal is
Biden’s proposal to close the ‘tax gap’ could end financial privacy. The action includes a mandate requiring banks to provide
Transportation Secretary Pete Buttigieg said that the supply chain crisis is partially due to Biden’s excellent handling of the economy.
Inflation in the U.S. continues to expand while producer prices only rose 0.5 percent in September making that the lowest
Republicans slam Biden Administration and Secretary of Transportation Pete Buttigieg for focusing on passing an infrastructure socialist multi-trillion dollar agenda,
During Tuesday’s press briefing, White House press secretary Jen Psaki said “The president wants to make fundamental change in our
Republicans try to block Democrats from raising the debt ceiling. Democrats see this as opportunity to change the rules about
Even though unemployment benefits ended early September and more than 65% of the U.S. population has been fully vaccinated, unemployment
Shipping ports on the coast of Los Angeles have come to a halt as a worker shortage is the main
Border Issues are not fading. The media is strategically making things go quiet, so politicians can attempt to pass proposals
America’s Corporations are trying to stop progressives from passing the $3.5 trillion budget bill. After Nancy Pelosi announced the House
The Supreme Court blocked the Center for Disease Control and Prevention’s (CDC) eviction moratorium. The justices argue that the moratorium
The Fish and Wildlife Service, in consultation with the Bureau of Land Management, had approved the Conoco Phillips’s Willow project.
The Biden Administration extended the CDC eviction moratorium, even while admitting it did not have legal grounds to do so.
After a long battle for the $1 trillion “everything but” infrastructure bill, the bill was finally passed in the Senate
Inflation could reach levels not seen since the 1970s while wages and employers earnings are descending, not being able to
President Joe Biden has halted all construction of the U.S. Border and reneged the declaration of a crisis at the
Economists are sounding the alarm on rising inflation, which may be exacerbated by the massive wave of government spending over
In new polls, Americans showed a rising preoccupation about the increase in prices. Other polls demonstrate the concern among Americans
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