Inflation Tightens Its Grip on Biden’s Re-Election Prospects
Inflation worries President Biden The specter of inflation hangs over the corridors of the West Wing, and every attempt by the Biden administration to exorcise the price-gouging poltergeist only deepens its grip. The latest Consumer Price Index (CPI) report shows that inflation is accelerating at an alarming pace. After the monthly annual rate of increase […]
Argentina will print 10,000 peso notes amid soaring inflation – NBC News
BUENOS AIRES, Argentina — Prices in Argentina have soared so sharply in recent months that the government has increased the size of the largest banknote in circulation fivefold to 10,000 pesos, the equivalent of about $10. The central bank’s announcement on Tuesday promised to ease the burden on many Argentines who have to carry around […]
Koch group spotlights Biden’s inflation problems with ‘seven-figure’ battleground ad buy
EXCLUSIVE — Americans for Prosperity is pumping money into battleground states to amplify President Joe Biden‘s problems with persistent inflation. AFP, founded by billionaire industrialists Charles and David Koch, is spending “seven figures” on digital and connected TV ads from Thursday to try to help Republicans win five Senate races and 26 House contests, in addition to Washington, D.C., to win over the political chattering […]
Inflation Behaves Very Badly, Saga Far from Over
Ugly inflation in services drives up the 3-month “core CPI” for 7th month, to 4.5% annualized, worst in a year, and the 3-month overall CPI to worst since Nov 2022. So inflation behaved very badly again in March. January was terrible, but it was kind of written off as maybe one of those January blips. […]
Far-left Axios Spreads Hoax that Trump Policies Could ‘Reignite’ Inflation
If former President Donald Trump is re-elected, his proposed economic policies “could reignite inflation,” according to the far-left party Axios. Let’s start with the shameless propaganda behind the “rekindle” choice. headingshall we? Relight it and everyone. every dictionary: rekindle / ˌriːɪɡˈnaɪt / verb 1. to ignite or to ignite again That’s right, the Axios scammers […]
I’ve Had Best Run of Creating Jobs and Lowering Inflation Ever, ‘It Was 9% When I Came Into Office’
In a portion of an interview with CNN that was scheduled to air on Wednesday’s broadcast of “The Read,” President Joe Biden said, “No one has ever accomplished anything like this.” Ta. Create jobs and reduce inflation. When I took office, it was 9%, 9%. ” But people are right to be concerned about corporate […]
With inflation soaring, Argentina will start printing 10000 peso notes – The Associated Press
BUENOS AIRES, Argentina (AP) — Prices in Argentina have soared so dramatically in recent months that the government has increased the size of the largest banknote in circulation five times to 10,000 pesos, the equivalent of about $10. The central bank’s announcement on Tuesday promised to ease the burden on many Argentines who have to […]
There’s Still a Big Hidden Force for High Inflation in the Economy
Pandemic savings rate drives inflation American consumers may have one more. scared of jumping I left for the economy. slasher movie They all tend to end the same way. It looks like the violent psycho has been subdued. The protagonists finally breathe a sigh of relief in a moment of calm. Suddenly, the killer bursts […]
Tyson Foods’ shares tumble 9% as inflation crimps meat demand
Meat processing giant Tyson’s stock price plunged more than 9% after the company said persistent inflation reduced consumer appetite for beef, pork and chicken purchases, weighing on second-quarter profits. It was the worst day for stocks since August. Melanie Bouldin, head of Tyson’s prepared foods business, said lingering inflation, which has kept interest rates at […]
More Americans Trust Trump over Biden on Economy, Inflation
More Americans trust former President Donald Trump than President Joe Biden when it comes to handling inflation and the economy, a poll finds. The ABC News/Ipsos poll surveyed 2,260 registered voters from April 25-30. found Americans see inflation and the economy as the top issues heading into the 2024 election, with a majority supporting Trump […]