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“Biden to meet Federal Reserve chair Jerome Powell as inflation bites pocketbooks” President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans’ pocketbooks. The meeting will be the first since Biden renominated Powell to lead the central bank and comes weeks after his confirmation…
“Beef, chicken prices surge, hit Memorial Day record highs” Americans enjoying their barbecues during the unofficial start of summer this Memorial Day weekend likely paid a premium for ground beef and chicken, according to the latest federal data. Prices for meat rose 0.7% between March and April of this year, the US Department of Agriculture…
” ‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week “ Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs. In what should provide some desperately needed confidence to bulls, BTC/USD is back at weekly highs on May 30, gaining several percent overnight. In contrast to…
“Letters to the Editor — May 29, 2022” Med-weight blightDouglas Murray’s column on obesity mentions that people with genetic or bone-structure issues should not be shamed because of their size (“Talk about obesity risks? Fat chance,” May 20). Unfortunately, he should have included side effects of certain medications, especially anti-seizure drugs. My twin sister has…
“Memorial Day BBQ cook out cost surges due to inflation” Surging inflation means Americans will face steep bills at the grocery store while stocking up their fridges with Memorial Day food and snacks this weekend. Barbecue staples have jumped in price over the last year, leading to more financial pain for cash-strapped Americans. The cost…
“Biden’s petro-sadism makes US drivers scream in pain” As Americans start the summer driving season this Memorial Day weekend, they face gasoline prices that are memorable — for all the wrong reasons. A national-average gallon of regular gas cost $2.37 at President Joe Biden’s inauguration. This metric hit an all-time-high $4.60 Thursday, AAA reports —…
“Lobster prices dropping as peak summer season nears” Lobster prices are dipping somewhat just before Memorial Day weekend — the unofficial start of the industry’s critical summer season. The price of lobster and seafood at large has shot up in recent years, and the price to lobster fishermen at the docks increased by about 60%…
“Key inflation gauge slows to still-high 6.3% in April” An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now. The inflation figure the Commerce Department reported Friday was below the…
“Elon Musk welcomes recession: ‘Bankruptcies need to happen’” Elon Musk believes it would be beneficial for the US economy to go into a recession and that “some bankruptcies need to happen.” Tesla’s billionaire boss said that the domestic economy is in for a “rude awakening.” He also said that working from home has made Americans…
” Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe “ Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.” Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24 Miller backed the cryptocurrency…