Must ‘Live in a World of Facts’, Inflation’s Down, There’s Gouging
On Friday's “CNN News Central,” Acting Labor Secretary Julie Su said that she is endorsing former President Donald Trump, the 2024 Republican presidential candidate, over his Democratic opponent, Vice President Kamala Harris. I answered people who said it was because they didn't trust the economy. “We have to live in a world of facts. If […]
Inflation’s Surge Dims Biden Election Hopes
Inflation also rises Yesterday, still Risk of rising inflation Despite two months of weaker than expected reports, we did not expect our view to be confirmed the next day. But that is exactly what is happening today. Producer Price Index The Bureau of Labor Statistics’ Producer Price Index (PPI) report shows that final demand rose […]
Inflation’s silent impact on American family businesses
MURRYSVILLE, Pennsylvania — Seventy years after the Ferri family moved its grocery store from Turtle Creek to this Westmoreland County town, the family is calling it quits. The pressures of inflation and the unexpected closing of the Mainline Pharmacy, the independent pharmaceutical located inside their iconic structure, were the final two straws. The beloved family […]