The cost of buying a home in America has soared to new highs as the supply levels have hit new lows. The number of mortgage applications from prospective homebuyers has dropped significantly for the week ending Feb. 4. The number of refinancing applications has also dropped off following the rise…

Democrat President Joe Bident has tried and failed to spin away the devastating inflation numbers released by the Labor Department today. As Slay News first reported earlier on Thursday, the numbers show that the U.S. inflation rate hit a 40-year high in January. Consumer prices have risen by a staggering…

Consumer prices in America have skyrocketed to the highest rate in 40 years as inflation explodes under Democrat President Joe Biden's economy. As the new year started, U.S. consumer prices jumped by the most in nearly four decades, new figures published by the Department of Labor (DOL) on Thursday reveal.…

American meat processing giant Tyson Foods saw its shares surge by nearly 12 percent on opening bell Monday, according to reports. The company beat forecasts after reporting higher-than-expected fiscal first-quarter profits. The firm said the profits were boosted by higher consumer prices amid the broader inflationary environment. Tyson Foods, the…

Americans are far more worried about inflation over the Covid pandemic as a top economic concern for 2022, a new poll has revealed. Inflation has overtaken Covid fears already this year, according to the latest edition of the Argyle-Leger Confidence Report. While many Americans fear that the pandemic will continue…

Officials from the United States and the United Kingdom have entered into joint talks in an effort to resolve the trade dispute over tariffs on U.S. steel and aluminum. Representatives agreed to resolve the dispute in a joint virtual conference beginning on Jan. 20. American representatives are keen on removing…

Republican Sen. Rand Paul (R-KY) has released a troubling new report on the record levels of inflation in President Joe Biden's economy and its impact on the American people. Senator Paul published his report — “The Hidden Tax” — on Tuesday, revealing how soaring inflation is hurting low and middle-income…