Inflation Sees Food Prices Soar to Record High in Germany
Inflation in Germany has seen food prices soar to the highest level on record in July, according to the country’s statistical agency.
Economy
Number of Homes for Sale Across US Soars
The number of homes listed for sale across the United States has soared to a record high in July, according to reports.
China Locks Down World’s Largest Wholesale Port, Threatening Global Supply Chain Disruption
The Chinese Communist Party (CCP) has locked down the port of Yiwu City in East China, the world’s largest wholesale hub, according to reports.
Fuel Price Hike Triggers Large Protests at Gas Stations in Bangladesh
The government in Bangladesh has just hiked fuel prices by a record 51.2 percent, triggering widespread protests at gas stations across the South Asian country.
The Story Behind Federal Government’s July Jobs Report
Democrat President Joe Biden is celebrating the better-than-expected July jobs report, calling it “the result of my economic plan to build the economy from the bottom up and middle out.”
Twitter Announces Security Flaw, 5.4 Million Accounts Exposed
Social media giant Twitter has announced a widespread security flaw that has exposed 5.4 million users’ accounts.
White House: Americans Who Think We’re in a Recession Are Actually Just Confused
Americans who believe that the United States is in a recession are just confused, according to White House economic adviser Jared Bernstein.
Fed’s Neel Kashkari Claims Inflation May Still Be Transitory
Minneapolis Federal Bank President Neel Kashkari has claimed that inflation may still be transitory.
Pilot Complaints of Fatigue Increase Tenfold as Airlines Push to Recoup Lost Revenue, Expert Warns
The number of airline pilots complaining of fatigue increased tenfold in June, an industry expert has warned.
Gas Price Falls for 7th Straight Week but It May Exceed $5 Again Soon, Experts Warn
Gas prices have fallen again for a seventh consecutive week, providing Americans with some welcome relief at the pump.