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“Biden warns US inflation could last ‘for a while’” President Joe Biden cautioned that U.S. inflation could last “for a while” after data on Friday showed that politically sensitive price pressures unexpectedly accelerated in recent weeks. “We’re gonna live with this inflation for a while,” Biden said at a Democratic fundraising event in Beverly Hills. “It’s gonna come down gradually,…
“Rhode Island launches 1st human donor milk program to combat baby formula shortage” WARWICK, RI — Kent Hospital’s Women’s Care Center has launched Rhode Island’s first pasteurized human milk program. The goal is to provide breastfeeding families an option to supplement breast milk through the program, which opens against a backdrop of a shortage of baby formula…
” Axie Infinity: AXS price risks deeper losses despite 90% drawdown already “ Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming…
“US gas average reaches $5 for first time ever” The hits just keep coming. For the first time in history, the national average for a gallon of gasoline has topped $5, another grim milestone as rampant inflation continues to punish consumers. The AAA motor club reported Saturday that the average price for a regular gallon…
” Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets “ Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves setback Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…
“President Biden in denial amid inflation crisis” ‘We’ve never seen anything like Putin’s tax on both food and gas,” President Biden blathered yesterday after another disastrous report on soaring inflation. But almost nobody outside the Beltway believes that Putin is to blame for the ravaging of American consumers. The inflation rate has increased sixfold since…
“Most Americans say they’re ‘cheap’ bargain-hunters — and proud of it” If there’s one thing Americans know how to do, it’s shop — and a new survey found they’re pretty good at finding a deal. Conducted by OnePoll on behalf of Ollie’s for their America’s Biggest Cheapskate contest, the survey sought to find just how…
” Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate “ Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since 1981. The hotter-than-expected CPI print resulted in a collapse of…
“Latest inflation spike shows Biden, Fed boss won’t stop recession: experts” Experts fear a recession is nearly unavoidable after the Friday release of federal data showing decades-high inflation in May revealed that President Biden, Federal Reserve chair Jerome Powell and other top policymakers are nowhere near achieving their goal of lowering prices. Economists and investors…
“Record-high US inflation has analysts gloomy” Economists seeking a sign that the country’s financial health was turning a corner were left reeling after the federal government released data indicating that inflation rose at a pace not seen in more than four decades. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s…