Shoppers are getting hit with purchase limits and, in some cases, higher prices at Costco but unlike during the pandemic, this time it’s not driven by hoarding or panic buying. Instead, Costco said it has...
The national gas price average hit a new record high in the U.S. on Tuesday, with counties in blue California seeing average prices well over $6 per gallon. The national gas price average reached a record high Tuesday...
With consumers already dealing with the fastest price increases in decades, another unwelcome uptick is on the horizon: a widely expected increase in winter heating bills. After plunging during the pandemic as the global economy slowed,...
At the outset of his presidency, Joe Biden promised competence by a bigger, better government. A few days ago, one of his loyal allies exposed a gross incompetence by federal officials on Biden’s watch that...
The double-whammy of President Biden's inflation and supply chain crises that are continually brushed off by him and his administration are about to land another significant hit on American consumers after months of pain at...
Recession indicators are ringing and key commodities have plunged into a bear market, signaling a downturn may be on the horizon. And Nouriel Roubini dismissed hopes that an incoming recession will be shallow. The famed economist, who called the...