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“Letters to the Editor — May 12, 2022” The Issue: President Biden’s claims that inflation has been caused by the pandemic and the Ukraine war. During the 2020 campaign, President Biden claimed that if elected he would “do his job and take responsibility; I won’t blame others” (“Malarkey,” May 11). As with everything else he…
“NY gas prices hit record high as inflation slams wallets” New York motorists have good reason to grumble this week as gasoline prices throughout the state hit an all-time high — with pump costs surging well above the record-setting national price tag. In the New York City metro area, the average cost of a gallon…
“US gas prices back near record highs, hammering motorists” US motorists gearing up for their warm weather road trips are set to encounter fresh record high gas prices this week as inflation continues to hammer household budgets. The national average price of a gallon of gas was $4.328 as of Monday afternoon, according to AAA…
“Inflation spurs 40% of small businesses to hike prices: survey” Surging inflation is still weighing heavily on U.S. small businesses – some 40% of which are planning to increase prices by 10% or more to offset their rising expenses. The results of a survey conducted by the National Federation of Independent Business also hint at…
“Europe’s economic troubles threaten entire globe’s finances” Troubles have come to the eurozone economy not as single spies but in battalions. First, it was the COVID pandemic, which hit major eurozone economies like those of Italy and Spain particularly hard. Then it was a surge in eurozone inflation to record levels, which will soon force…
“Why beef jerky sales are plummeting as fuel prices go up” Beef jerky sales are tumbling as consumers struggle to fill their gas tanks, according to a Wall Street analyst. Convenience stores are the canary in the coal mine when it comes to salty and sweet snack sales including beef jerky brands like Slim Jim,…
“Amazon adds 5% fuel, inflation surcharge for sellers” Amazon will begin charging sellers active on its platform an additional surcharge for fuel and inflation – a change implemented as the e-commerce giant and other major companies contend with surging operating costs. The Seattle-based company said the 5% surcharge will take effect on April 28 and…
“Biden’s insulting response to our inflation crisis” President Joe Biden just set another record: The worst inflation since 1981, as consumer prices climbed a staggering 8.5% over the 12 months ending in March. That’s our sixth straight month of inflation above 6%, and our 11th straight month above 5%. The White House response? A waiver…
“Inflation surges 8.5% in March to highest level since 1981” Costly inflation climbed even higher to a new four-decade high of 8.5% in March as the Russia-Ukraine war contributed to a record surge in gas prices and exacerbated existing supply chain disruptions — forcing Americans to pay even more for basic goods. The latest uptick…
“Pennsylvania man arrested for placing Biden decals on gas pump” A fed-up Pennsylvania man got into an ugly gas station confrontation with local cops after he was allegedly caught slapping anti-Joe Biden stickers on the pumps in protest of rising fuel prices. “This guy stuck stickers on a gas pump, got yelled at by a…