Fed’s Neel Kashkari Claims Inflation May Still Be Transitory
Minneapolis Federal Bank President Neel Kashkari has claimed that inflation may still be transitory.
Economy
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.
Inflation Forces 45% of Americans to Cut Groceries Spending, Poll Shows
The squeeze from inflation in the United States is forcing a huge percentage of Americans to cut back on their spending on groceries, according to a new poll.
World’s Largest Chemical Company to Cut Key Fertilizer Ingredient Production
The world’s largest chemical company, Germany’s BASF, is set to further cut production of key fertilizer ingredient ammonia.
New Social Media Platform Seeks to Create Family Friendly Digital Town Square
A new social media platform has launched that seeks to fill a gap in the market by being family-friendly.
Janet Yellen Denies US Economy Is in Recession despite Recessionary GDP Numbers
Treasury Secretary Janet Yellen doubled down on the Biden administration’s view that America’s economy has not, in fact, fallen into a recession, despite the White House’s own economic data proving otherwise.
Republican Lawmakers Criticize the Democrats’ ‘Inflation Reduction’ Spending Package
Republican lawmakers have fired back at the Democrats’ “inflation reduction” spending package after Sen. Joe Manchin (D-WV) and Chuck Schumer (D-NY) finally reached a deal on President Biden’s “Build Back Better” agenda.
Former CNN Anchor Chris Cuomo Announces New Job at Small Cable Network
Disgraced former CNN anchor Chris Cuomo is joining a small called news network called NewsNation.
Biden: ‘We’re Not Going to Be in a Recession’
Democrat President Joe Biden is insisting that the United States is not slipping into an economic recession.