Biden’s ex-chief of staff admits US prices are too high: Experts break down who’s ‘struggling’ most
Former Home Depot CEO Bob Nardelli and America First Institute Chief Economist Michael Faulkender discuss the economic outlook on “Evening Edit.” Two market and economic experts back up recent comments by the former White House chief of staff that inflationary pressures are becoming too much for Americans to bear. “Another group that has really suffered […]
Gold hits record high as Fed Chair Jerome Powell stays the course
The gold rush has begun. Bullion prices soared to record highs on Thursday as investors continued to pour money into precious metals after Fed Chairman Jerome Powell suggested the Fed would start cutting interest rates “at some point this year.” did. Gold traded as high as $2,310 an ounce early Thursday morning, continuing an upward […]
Iran executions reach 8-year high in 2023, with more than half for drug-related crimes: Report
Iran executed 853 people in 2023, the highest number since 2015, according to a new report. report At Amnesty International. The surge in executions comes as Iran continues what Amnesty International calls its “war on drugs.” In 2023, more than half of the total number of executions (481) were for drug-related crimes. The mass introduction […]
Biden’s High Gas Prices Force Him to Cancel Strategic Petroleum Reserve Refill
The Biden White House investigated Biden’s gas prices, and sticker shock caused plans to replenish the Strategic Petroleum Reserve (SPR) to be canceled. The SPR is supposed to be for national emergencies, but con man Joe Biden used it to protect himself from the “emergency” caused by the war on cheap energy and the subsequent […]
Biden Admin Abandons Latest Attempt To Refill Strategic Oil Reserves Due To High Prices
The Biden administration passed on an opportunity to buy oil to replenish the strategic petroleum reserve (SPR) on Tuesday, citing high prices. The Department of Energy (DOE) decided against purchasing up to 3 million barrels to replenish the SPR, which President Joe Biden drained ahead of the 2022 midterm elections as soaring gas prices caused a […]
Gold Hovers Around All-Time High as Central Bank Actions Drive Up Demand
All that glitters may not be gold, but gold certainly does shine these days. U.S. gold futures traded near record highs on Thursday, down just 0.17% from the previous day to $2,311.20 an ounce. Spot gold price also hit a record high of $2,304.90. Central banks have increased their holdings of gold in recent months, […]
Ex-White House chief of staff Ron Klain admits ‘prices too high,’ Biden ‘needs to make more progress’
Former White House chief of staff Ron Klain acknowledged Wednesday that U.S. prices “remain high” and warned President Biden that “more progress is needed” to reduce costs. Appearing on MSNBC’s “All In,” Klain predicted the pocketbook issue would be a big part of the November election as Biden and his allies scramble to fine-tune their […]
XAU/USD: Gold Rockets to Record High Above $2300 After ADP Report Comes In Hot – TradingView
Illustration: TradingView Precious metals rose above milestone prices on Thursday, with much buying fueled by reports that the U.S. economy remains resilient. Key Point: Gold is aiming for a new record of $2,305. The US economy will grow, but inflation will stagnate. Since February 15th, gold has gained 15%. gold price XAUUSD It rose for […]
‘Prices Are Too High’ and Biden Needs ‘More Progress’ and to ‘Use His Tools’ on Border
“Prices are too high,” Biden’s former chief of staff Ron Klain said on MSNBC’s “All In” on Wednesday. “Gasoline prices and other prices are still high and people are feeling the pinch.” said. And President Joe Biden “needs to make more progress on that.” He also said Biden “must work to use his tools to […]
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