Americans could face the highest gas prices ever for the Thanksgiving holiday season, as millions prepare to hit the road amid still-high prices and inflation. The national average price of a gallon of gasoline is expected to hit $3.68 next Thursday, November 24, as Americans gear up for the holiday. That number is 30 cents …
Employers should stop giving pay rises to their staff, a member of the Federal Reserve Board has said, in an effort to help reduce inflation. Christopher Waller, one of six members of the Fed’s board of directors, gave a speech in Phoenix, Ariz., urging bosses to consider inflation when reviewing their workforce. He pointed out …
Fed asks employers to stop granting wage increases to lower inflation Read More »
Middle-class shoppers, hit by decades-long high inflation, turned to discount supermarkets, which boosted sales at Walmart and Dollar General. Although inflation has fallen to 7.7%, it remains stubbornly high as Americans have felt the pain at grocery stores, with many opting to seek out better deals. While bread and milk are $4.79 and $8.99 respectively …
According to the Bureau of Labor Statistics, some cities and states are fighting the ongoing inflation crisis in the United States better than others. On Thursday, it was reported that inflation had moderated in the United States last month, a sign that the price increases that have hit Americans are easing as the economy slows …
New research shows that more and more Americans are looking to leave big cities like Los Angeles and New York amid record inflation rates. According to RedFin, a real estate company, nearly 25% of homebuyers want to move out of their greater metro area, the highest number in years. In the third quarter of 2022, …
As President Joe Biden kicked off a final four-state campaign sprint on Thursday to boost struggling Democrats ahead of midterms, he fired back at a key GOP criticism that the economy has lagged under his watch. . “Here’s the deal: economic growth is up, price inflation is down, real income is up, gasoline prices are …
Biden says economic growth is up and inflation is down Read More »
A Delta flight from Atlanta to Los Angeles had to make an emergency landing after smoke billowed into the cabin and passengers thought ‘it was the end’. Delta Flight 2846 made an emergency landing in Albuquerque on Tuesday after mysterious smoke filled both the passenger cabin and the cockpit. Video filmed on board shows the …
Sir Paul McCartney is said to have pocketed £1.5m in just 12 months investing in promising businesses. The £800m singer, 80, started MPL Ventures during the COVID-19 pandemic and has since backed a plant-based chicken company as well as a music technology behind ABBA’s latest album, Voyage, it has been claimed. A source told The …
