Tell us something we don't know....... A key measure of inflation jumped sharply in June, a gain that is sure to keep concerns over rising prices front and center at the White House and Federal Reserve. The Consumer Price Index climbed by 5.4 percent in the year through June, … [Read more...] about US Consumer prices climb….
US Economy
More people get jobs in June than expected…
The American post pandemic economy IS coming back strong ..... But? Things will be different upon their return... Hiring leapt back up in June as employers added 850,000 workers, the government reported Friday. It was the strongest gain in 10 months and a fresh sign that … [Read more...] about More people get jobs in June than expected…
Refugee’s ARE wanted and welcomed by local American officials….
They are NOT to0 be confused with asylum seekers at the Southern Border.... They are looked at economically advantageous for local economies.... They usually pay taxes on higher incomes once in America... That doesn't mean anything with Republicans... And the Biden … [Read more...] about Refugee’s ARE wanted and welcomed by local American officials….
The Fed talks about higher interest rates….
With a post pandemic economy brewing higher consumer, gas prices and a mad crazy sky high house prices jump? The Federal Reserve head Powell is talking about several interest rate hikes this year..... This has had a immediate effect on the stock … [Read more...] about The Fed talks about higher interest rates….
US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
She feels that interest rates have been depressed a bit too long.... And that an increase in the rates maybe a sort of brake against inflation that IS already here with the recovering economy from the pandemic pause.... Treasury Secretary Janet Yellen on Sunday … [Read more...] about US Treasury Secretary Janet Yellen looking for ‘higher interest rates’….
US adds over a half a million jobs in May…..
The seesaw continues .... April 's numbers where down.... May's have bounced up.... The U.S. economy added 559,000 jobs in May, the latest sign of a strengthening recovery as vaccinations rise and covid restrictions ease nationwide. The unemployment rate … [Read more...] about US adds over a half a million jobs in May…..
With the virus losing steam…Prices jump up…And the Economy?
Virus numbers diving down.... Consumer, gas and house prices climbing higher..... Jobless number's high... Employer's can't find people to work? We are in a whole new world in America? What is going on? This is a strange moment for the U.S. … [Read more...] about With the virus losing steam…Prices jump up…And the Economy?
Virus leaving…America Consumer Price’s increase…
Gas prices UP.... Food prices UP.. Inflation growing.... (Some Republicans mumbling about Biden and gas prices in the same sentence)... Prices were up by 3.6 percent in April compared to a year ago, continuing a trend of rising inflation, although economic … [Read more...] about Virus leaving…America Consumer Price’s increase…