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ECONOMY12 DAYS AGO
Forbes warns of 'disaster', says Biden policy to ‘make people poor’
Forbes Media CEO Steve Forbes has warned that President Joe Biden’s policy to raise the interest rates in order to solve the inflation problem will “make people poor”.
Steve Forbes
POLITICS13 DAYS AGO
US mulling gas tax holiday amid soaring prices
The US is evaluating a pause of federal gas tax as an option to lower gas prices.
US
ECONOMY16 DAYS AGO
US stocks tank as central banks hike rates
Stock markets sank Thursday as more central banks hiked interest rates in efforts to tame runaway inflation, actions that raised fears they could spark recessions.
York
ECONOMY17 DAYS AGO
White House scrambling to solve gas price surge
The White House is scrambling to help tackle rising gas prices which could put Democrats to rout in this fall’s midterm elections.
ew
IN-DEPTH18 DAYS AGO
US Inflation and the prohibitive cost of living
According to the US Labor Department, the annual inflation rate rose to 8.6% in May, shattering any of relief from the skyrocketing inflation.
Inflation USA
ECONOMY21 DAYS AGO
Biden warns US inflation could last 'for a while'
US President Joe Biden warns that inflation could last "for a while" after data showed that politically sensitive price pressures unexpectedly accelerated in recent weeks.
US
ECONOMY21 DAYS AGO
US inflation hit new 40-year high of 8.6 percent in May
The costs of gas, food and other necessities in the US jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs.
US
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