Psaki: ‘We Expect March Headline Inflation to Be Extraordinarily Elevated’
White House Press Secretary Jen Psaki has admitted that the White House’s monthly inflation data will be “extraordinarily elevated.”
Economy
Companies and Employees in Ukraine Suffering amid Russian Invasion as Production Stops
Companies in Ukraine, both large and small, have been forced to push the pause button on operations as the Russian invasion rages on.
Lauren Boebert Shreds Biden’s ‘Woke’ Budget by Quoting Democrats’ Words from Proposal
Republican Rep. Lauren Boebert (R-CO) has torn the Democrats’ multi-trillion-dollar budget to shreds by simply quoting their own “woke” words from the proposal.
Biden’s Budget Raises GDP Outlook, Trims Inflation, Increases National Debt
Democrat President Joe Biden’s administration has just published its 2023 $5.8 trillion federal budget.
Inflation Soars to 7.9%, Highest Level in 4 Decades: Biden Blames Putin
Democrat President Joe Biden has claimed that Vladimir Putin is to blame for soaring US inflation after the consumer price index hit another 40-year high of 7.9 percent in February.
Kremlin Accuses U.S of Waging ‘Economic War’ as Fitch Warns of ‘Imminent’ Russian Debt Default
Russia has accused the United States of waging “economic war” in response to Vladimir Putin’s invasion of Ukraine.
AAA Warns Gas Prices Rising at Fastest Pace Ever as Russia Readies More Bombings
The American Automobile Association (AAA) has warned that U.S. gas prices are rising at the fastest pace ever.
World Hits Putin Where It Hurts, Expels ‘Selected’ Russian Banks from SWIFT
The White House has announced that the United States and allies are taking action that could potentially cripple Russia’s economy in response to the Ukraine invasion.
Russia Claims Country Will Survive ‘Emotional’ Market Reaction to Ukraine Invasion
Russia has insisted that it will survive the “emotional” financial market reaction to Moscow’s invasion of Ukraine.
Renault Production May Be Impacted by Supply Chain Issues in Russia
French automaker Renault has warned that its production may be severely impacted due to supply chain issues in Russia.