Biden Official: Paying High Gas Prices Helps Preserve ‘Liberal World Order’
A senior Biden administration official has defended high gas prices by arguing that drivers are helping to preserve the “liberal world order.”
Economy
Key Inflation Gauge Drops Slightly But Sticks at More Than Double Fed’s Target
A key inflation gauge dropped slightly in May but remains stuck at a level that is more than double the target set by the Federal Reserve.
G7 Leaders Struggle to Cope with Damage Caused by Green Energy Agenda
Leaders of the Group of Seven (G7) rich nations are struggling to cope with the damage caused by their green energy agenda.
Gas Prices Fall Below $4.90 a Gallon as Recession Fears Mount
Gas prices in the United States have fallen below $4.90 a gallon as fears of an upcoming recession continue to mount.
Consumer Confidence Hits Record Low as Americans Become Deeply Pessimistic about Economy
Americans have never been this pessimistic about the economy, with consumer confidence now hitting record lows, according to new data.
45 Housing Markets Have ‘Probability of Price Decline,’ Research Firm Warns
Several housing markets across the United States have the “probability of a price decline” over the next year, a research firm is warning.
Who Is to Blame for Travel Chaos as Thousands of Flights Are Canceled?
Americans are suffering from travel chaos this summer as thousands of flights are being canceled across the country.
FedEx to Start Taking Photos of Packages on Doorsteps for Proof of Delivery
Courier company FedEx will begin taking photographs of packages on doorsteps across North America to provide proof of delivery.
Deutsche Bank Officials Warn Growing Inflation, Rising Interest Rates Make Recession More Likely
Deutsche Bank’s top U.S. economists are warning that growing inflation and rising interest rates are making a recession increasingly more likely.
Get Woke, Go Broke: Kellogg’s Breaking Up after Years of Falling Sales
Kellogg’s, the maker of Frosted Flakes and Rice Krispies, will split into three companies focused on cereals, snacks, and plant-based foods.