The U.K.'s New 'Free Market' Prime Minister Is Fighting Inflation With Price Controls
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
This fiscal irresponsibility throws gasoline on the country's already raging inflation fire.
The state's $9.5 billion Better for Families program will provide checks of up to $1,050 to state residents to stem the rising costs of living.
James Taylor croons while the stock market burns after another ugly report on inflation.
The cost of shelter was up 0.7 percent in August and 6.2 percent for the year, according to the latest Consumer Price Index report.
Even as gas prices continued to tumble, rising prices for food and housing pushed inflation higher in August and proved that prices aren't cooling off yet.
The senator from Florida calls for tariffs on imported fruits and vegetables.
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During his own inflation crisis, President Ford called on the American public to do their part through personal fiscal discipline.
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
Government officials broke the world, and we’re all paying the price.
"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman
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But it will raise taxes and sic thousands of new IRS agents on American households.
Builders are starting fewer new housing projects but housing construction rates remain steady. Experts say it's a product of inflation catching up with persistent supply chain problems.
It also spends billions on new green energy programs, and it lets the IRS hire 87,000 new agents.
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Congress has added $2.4 trillion to the long-term deficit since President Joe Biden took office. Now they want credit for reducing the deficit by $300 billion?
Plus: The editors consider the state of freedom in the U.S. compared with other developed nations.
Even Democrats are criticizing the bill's unrealistic expectations.
The West Virginia senator conditioned his support for the Inflation Reduction Act on reforming federal environmental review laws. His Senate colleagues don't seem so hot on the idea.
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The better-than-expected employment numbers are fueling investors' inflation fears and causing the stock market to fall.
A 40 percent cut in U.S. greenhouse gas emissions by 2030 is possibly achievable.
Plus: The editors each analyze their biggest “I was wrong” moment from past work.
But it will hike taxes, including on Americans earning less than $200,000 annually.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
How can it be that with so much cattle in America, we sometimes can't buy meat?
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Inflation picked up speed in June, rather than slowing.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
The political class still hasn't come to grips with the idea that subsidies don't fight inflation.
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Stimulus checks, government spending, and Putin’s invasion of Ukraine are only part of the problem.
On streaming and the big screen, we're paying more for less, even as new ideas seem few and far between.
The inconvenient truth behind all the COVID-19 relief fraud and waste is that these government programs never should have been designed as they were.
Prominent Democrats including Joe Manchin oppose a bad idea whose time has seemingly not yet come.
Plus: The editors unveil their wish list for a hypothetical Libertarian president.
The economy is spinning, but we’ve proven there are viable ways to slow it down to more bearable levels.
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The self-described freedom maximalist explains why he isn't put off bitcoin by its decline since last November.
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The Federal Reserve started the problem, and consumers are paying for the consequences.
Despite a few encouraging analyses, the numbers just don't add up.
It would force us to "live within our means," says the president of the Foundation for Research on Equal Opportunity.
Tariffs imposed by President Donald Trump and kept in place by President Joe Biden are costing consumers $51 billion annually.