economy
‘Bidenflation Blame Game’ report challenges Dems’ claims of corporate price gouging
Another researchers’ report has challenged the relationship between corporate greed and continuous inflation as it is often represented by national Democrats.
Biden aide flat-out lies on prices, Jerry Nadler dodges on migrant crime, more
An aide to President Biden claimed that the president has actually "done a lot" to help lower prices.
Nobel-winning hack attack, SCOTUS defies extremism tag and other commentary
For all the claims that the “conservative majority is both extreme and radical,” the truth is that “the justices agree a lot of the time.” I.e., “of the 18 rulings...
Voters in crucial blocs reveal why they’re done with Biden ahead of 2024 presidential debate
With President Biden and former President Donald Trump facing off in Atlanta tomorrow, The Post spoke to swing-state voters who were for or leaned Biden in 2020 and are considering...
New home sales plummet to lowest level since November as mortgage rates stay high
The median new house price fell 0.9% to $417,400 in May from a year ago. Nearly half of the new homes sold last month were priced under $399,000.
Housing market won't come 'unstuck' until 2026, economists predict — here's why
The economists cited a "one-time shift" in demand duringThe economists said they predict home prices will rise by about 4.5% in 2024 and 5% in 2025, then fall back to...
16 Nobel Prize-winning economists warn Trump policies will reignite inflation
"We believe that a second Trump term would have a negative impact on the US's economic standing in the world, and a destabilizing effect on the US's domestic economy," the...
Consumer confidence takes hit on worries about US economic outlook
"Strength in current labor market views continued to outweigh concerns about the future,” said Dana Peterson, the Conference Board’s chief economist.
Home prices hit new record high as shortage deepens pain for would-be buyers
Prices increased 6.3% nationally in April when compared with the previous year, the S&P CoreLogic Case-Shiller index showed and 0.3% on a monthly basis.
Hooters abruptly shuts dozens of 'underperforming stores' in stunning inflation deflation
The famed chicken wings brand, known for its skimpy uniforms, cited “pressure from current market conditions” for its decision to close an unspecified number of stores.
Home sales drop for third straight month as prices hit record high
The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
Pay up, America: You owe $100K on $35 trillion national debt
Every American owes $100,000, but the Biden administration wants to spend more, increasing our debt by a trillion dollars every 100 days.
Biden holds razor-thin lead over Trump in both head-to-head and five-way race: poll
President Biden is leading former President Donald Trump by a razor-thin margin in the 2024 White House race, according to a new poll.
Why Biden’s losing the young, Biden’s freezes are real and other commentary
“Disapproval of Biden is widespread among young voters” and not just because of “American support for Israel’s war against Hamas,” explains Jeremy Etelson at The Hill.
Debt will hit a shocking $50T by 2034, as DC continues to spend, spend, spend
While Congress and the presidential campaigns continue with business as usual — pledging more government giveaways and deep tax cuts — the government’s own accountants have once again revealed that...
Southerners slam neighbors with 'lefty politics' who move in and drive up cost of living: 'Don't California my Tennessee!'
Locals say mass migration to low-tax states in South has driven up the cost of living, eroded quality of life and put a strain on precious resources
Father's Day spending expected to hit a whopping $22.4B — a number that's still no match for Mother's Day
Father's Day spending is expected to hit $22.4 billion dollars this year, the second highest amount recorded following last year's record of $22.9 billion, according to a survey from the...
Trump floats replacing income tax with tariffs: GOP lawmaker
Experts argue that Trump’s idea would not be able to generate the amount of revenue that income taxes bring in and that it could hurt exporters.
Fed holds rates steady, sees just one cut in 2024 despite inflation progress
“We’ll need to see more good data to bolster our confidence that inflation is moving sustainably toward 2%,” Chair Jerome Powell said at a news conference after the Fed meeting...
The US economy is facing its 'two biggest issues' in one day -- here's how it could affect your wallet
New inflation data and the Federal Reserve's interest rate decision are set to be released, tackling inflation and monetary policy.