Inflation

Aldi, the discount grocery giant, has unveiled a bold strategy to address the growing concerns of cost-conscious American consumers amidst soaring inflation.  In a five-year expansion plan, the company aims to open 800 new stores across…

Federal Reserve Chair Jerome Powell enters the upcoming Federal Reserve meeting with an unexpectedly positive economic landscape.  The inflation rate is nearing the Fed's target, the economy is robust, consumer spending remains strong,…

As the national credit card debt surpassed a staggering $5 trillion last November, ominous signs are emerging in the realm of credit card delinquencies.  Surpassing pre-pandemic levels and reaching heights not witnessed in over a decade,…

The Federal Reserve is facing a dual challenge in its quest to tame inflation, with rising consumer demand and geopolitical tensions in the Middle East impacting its efforts.  However, there's another, more insidious threat on the…

With inflation on the rise and SNAP Benefits experiencing cuts, more and more Americans are relying on hunger relief programs to meet their basic needs. The confluence of these economic challenges has led to a surge in demand for food…

Americans are finding relief at the pump with gas prices dropping by an impressive 9% since the peak of the summer driving season.  This decline in fuel costs is not only good news for consumers but also offers a glimmer of hope in the…

The United States experienced a peak in wholesale inflation, achieving a year-over-year rise rate of 2.2% in September, in a significant economic event. This figure mirrors the previous record set in April, underscoring persistent…

In a reassuring turn of events for the US economy, recent data has indicated a promising alleviation of inflationary pressures.  The latest economic reports suggest that underlying price pressures are gradually subsiding, sparking…