Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report. The European Union’s statistical agency is reporting that consumers should expect prices to continue rising as inflation bites. The news delivers a fresh sign that inflationary pressures continue…

The U.S. economy unexpectedly contracted in the first three months of 2022 according to the Burea of Economic Analysis. They said Gross Domestic Product decreased at an annual rate of 1.4 percent in the first quarter of 2022. Economists had expected the economy to grow 1.1 percent. This is terrible…

A top economic expert, who served in former President Barack Obama's administration, has issued an ominous warning that Joe Biden is driving America toward "stagflation." Steve Rattner served as counselor to the Treasury Secretary in the Obama admin. During an appearance on Bloomberg’s “Wall Street Week,” Rattner warned that stagflation…