"rising inflation"

Goldman Sachs economists have raised their estimation of the likelihood of the United States entering a recession within the next year from 15% to 25%. Despite this increase, they continue …

A staggering 61% of American renters are now unable to afford the median rent rate, as inflation continues to erode earnings and affordable housing remains scarce. This sobering statistic from …

U.S. job openings have dropped to their lowest level since February 2021, indicating a cooling job market. As of April, job vacancies decreased to 8.1 million, down from 8.4 million …

In 2023, U.S. healthcare spending reached a record $4.8 trillion as more Americans obtained insurance, outpacing the nation’s GDP growth.  This surge in spending, largely fueled by increases in Medicaid …

As the cost of living continues to surge across the United States, 78% of Americans now view fast food as a luxury, according to a recent survey conducted by LendingTree. …

Congress has allocated more funds to interest payments than to national defense and Medicare combined.  In the first seven months of the fiscal year, spending on net interest reached a …

President Joe Biden’s expansive migration policy is notably impacting the U.S. housing market and financial stability. As reported by the Wall Street Journal and key figures in the Federal Reserve, …

In an economic climate reminiscent of the early ’90s, American families are once again grappling with soaring food prices. [Source] A recent Wall Street Journal report highlights this alarming trend, …

Crude oil prices have surged past $92 a barrel, causing gasoline prices to hit a record high for 2023. [Source] On Monday, the national average for gasoline was a staggering …

The global stock market, after celebrating a $10 trillion rally this year, is at a crossroads. As the end of the second quarter nears, companies are gearing up to report …