SILVER SPRING, Md. — As if a cup of coffee wasn’t expensive enough, a confluence of factors is driving up farmers’ costs to grow the beans and it could begin filtering down to your local […]
CHESAPEAKE, Va. — Dollar Tree embedded in its very name what it stands for: Behind these doors, everything can be had for just $1. The mantra to which the Chesapeake, Virginia, company has held true […]
WASHINGTON, D.C. — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010. The Labor Department reported Friday […]
President Joe Biden rolled the dice on removing U.S. military support in Afghanistan. He could have reversed President Trump’s executive order to get troops out of Afghanistan until he was absolutely sure that the Afghan […]
Why do I feel that I have seen this movie before? I would like to think that learning is cumulative. But I’m beginning to think that every generation or two, people need to learn all […]
WASHINGTON, D.C. — With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate […]
WASHINGTON, D.C. — Prices for U.S. consumers jumped in June by the most in 13 years, extending a run of higher inflation and fueling concerns that the rapidly rebounding economy is making goods and services […]
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled […]
Dan Aykroyd of “Saturday Night Live” had a memorable spoof of President Jimmy Carter’s anti-inflation speech in 1978, where he was ‘quoted’ as saying: “Inflation is our friend. In the year 2000, if current trends […]
WASHINGTON, D.C. — Treasury Secretary Janet Yellen assured Congress that the recent jump in inflation is being monitored very carefully by the Biden administration, but said again that any increase will prove temporary. Testifying about […]
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