In a revealing interview with CNN’s Erin Burnett, President Joe Biden asserted that the United States was grappling with a 9% inflation rate when he assumed office, a statement significantly …
"rising inflation"
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America NowElection 2024
Biden Claims Inflation Was at 9% When He Took Office, Despite Actual Figures Showing Only 1.4%
In a revealing interview with CNN’s Erin Burnett, President Joe Biden asserted that the United States was grappling with a 9% inflation rate when he assumed office, a statement significantly …
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U.S. consumer confidence rose slightly in April, even as Americans faced higher gasoline prices and rising inflation. The Conference Board said Tuesday that its Consumer Confidence Index increased to 92.8 …
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The Federal Reserve announced Wednesday that it is keeping its benchmark interest rate unchanged, maintaining the federal funds rate at 4.25% to 4.5%. This is the second straight meeting where …
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Election 2024Money
Republicans and Economists Slam Kamala Harris’ ‘Price Control’ Plan as Economic Disaster
Vice President Kamala Harris is facing backlash from Republican leaders and economists over her proposed plan to lower food prices, which they argue will lead to disastrous economic consequences. The …
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America NowMoney
73% of Americans Skipping Summer Vacation Due to Financial Strains in Biden’s Economy
In what has become an increasingly difficult economic climate under President Joe Biden’s administration, most Americans are opting out of summer vacations this year, primarily due to financial constraints. A …
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The question of whether Americans were better off economically under President Donald Trump or President Joe Biden has become a central issue as the country approaches another election cycle. According …
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America NowMoney
Social Security Announces 3.6% Cost-of-Living Increase for 2027, Highest in Four Years
The Social Security Administration (SSA) has announced a 3.6% cost-of-living adjustment (COLA) for 2027. The increase will provide millions of Americans with higher monthly benefits starting in January. The adjustment, …
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The number of Americans filing new claims for unemployment benefits fell to 197,000 last week, according to Labor Department data released Thursday. The figure marked the fourth consecutive week that …
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Sales of previously occupied homes fell to their lowest level in more than a year in August as rising mortgage rates and record prices for the month discouraged prospective buyers. …