US Inflation Surges Again In November, Highest In 39 Years
Only low-wage workers seeing pay rise faster than rate of inflation
White House
Jobs Report Misses Again, But Unemployment Continues Drop
Worst jobs report in Biden’s presidency as surveys produce conflicting results between employers, workers
US Oil, Gas Data Suggest Sluggish Demand
High prices may finally be catching up with consumers, though the Omicron variant could be a significant game changer.
Omicron Could Finally Bring Relief To The Pump
But while commodity prices are plummeting, it may take a bit for consumers to notice because of supply chain issues.
Small Businesses Squeezed As Inflation Soars, Supply Chains Clog
Business owners worry rising prices will keep them from fully recovering from the Covid-19 pandemic.
US Prices At The Pump Slowly Starting To Ease
But it doesn’t have all that much to do with White House actions on the Strategic Petroleum Reserve.
Will Gasoline Prices Move Even Higher On Holiday-Driven Demand?
The average retail price of gasoline is stuck at around $3.40 per gallon and several factors help explain why.
High Gasoline Prices Not Impacting Consumer Demand
Federal estimates for the price at the pump were revised higher in a monthly energy market forecast.
Crude Oil Prices Choppy After OPEC Sticks With The Plan
The White House has been pressuring the production group to open the spigot to bring prices lower, but it was rebuffed again.