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Climate initiatives laid out in President Joe Biden’s Inflation Reduction Act (IRA) come with a bigger price tag than anticipated: over $400 billion more, per the latest estimates.
Climate initiatives laid out in President Joe Biden’s Inflation Reduction Act (IRA) come with a bigger price tag than anticipated: over $400 billion more, per the latest estimates.
 
In response to criticism about the high prices of food as the holiday season approaches, the Biden administration assured American families that the cost of Thanksgiving dinner is actually down significantly this year
In response to criticism about the high prices of food as the holiday season approaches, the Biden administration assured American families that the cost of Thanksgiving dinner is actually down significantly this year
 
North Carolina’s hospitals are being called out in a new report from the state treasurer’s office that shows a wide range in hospital pricing, huge price markups from Medicare rates, and a lack of price transparency.
North Carolina’s hospitals are being called out in a new report from the state treasurer’s office that shows a wide range in hospital pricing, huge price markups from Medicare rates, and a lack of price transparency.
 
As Thanksgiving approaches, Americans prepare for a holiday marked by higher grocery prices this year.
As Thanksgiving approaches, Americans prepare for a holiday marked by higher grocery prices this year.
 
Despite the claims by some that worries about inflation are overwrought, the Federal Bureau of Labor Statistics (BLS) revealed Wednesday that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6% in August
Despite the claims by some that worries about inflation are overwrought, the Federal Bureau of Labor Statistics (BLS) revealed Wednesday that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6% in August
 
President Joe Biden touted his economic record in a Monday speech and claimed that his economic policies were a blueprint for blue-collar Americans, even as Americans continue to pay more for everyday food products and gas.
President Joe Biden touted his economic record in a Monday speech and claimed that his economic policies were a blueprint for blue-collar Americans, even as Americans continue to pay more for everyday food products and gas.
 
Georgia Republican Governor Brian Kemp declared a state of emergency over inflation on Tuesday and suspended the gas tax in Georgia, saying federal spending and energy policies were to blame for high fuel prices.
Georgia Republican Governor Brian Kemp declared a state of emergency over inflation on Tuesday and suspended the gas tax in Georgia, saying federal spending and energy policies were to blame for high fuel prices.
 
Chairman of the Federal Reserve Jerome Powell hinted that more interest rate hikes may be coming during a speech in Jackson Hole, Wyoming, on Friday.
Chairman of the Federal Reserve Jerome Powell hinted that more interest rate hikes may be coming during a speech in Jackson Hole, Wyoming, on Friday.
 
In a sudden flurry of moves declared by members of the administration to be a "total coincidence" in the wake of cocaine being discovered in the White House, President Joe Biden has promised to fix the immigration issues at the southern border
In a sudden flurry of moves declared by members of the administration to be a "total coincidence" in the wake of cocaine being discovered in the White House, President Joe Biden has promised to fix the immigration issues at the southern border
 
President Joe Biden touted his economic record and decreasing inflation during a speech in Milwaukee, Wisconsin, on Tuesday even as millions of Americans pay hundreds more for basic goods and services than two years ago.
President Joe Biden touted his economic record and decreasing inflation during a speech in Milwaukee, Wisconsin, on Tuesday even as millions of Americans pay hundreds more for basic goods and services than two years ago.
 
BEMIDJI, MN — With inflation and other economic woes continuing to plague the nation, The White House took the time to assure the nation over Labor Day that these troubling issues were only affecting people who needed to buy stuff.
BEMIDJI, MN — With inflation and other economic woes continuing to plague the nation, The White House took the time to assure the nation over Labor Day that these troubling issues were only affecting people who needed to buy stuff.
 
The latest reports show that the job market is making positive gains and “core inflation” — overall inflation minus the more volatile prices of food and energy — is even at a two-year low, but Americans still aren’t seeing any real relief.
The latest reports show that the job market is making positive gains and “core inflation” — overall inflation minus the more volatile prices of food and energy — is even at a two-year low, but Americans still aren’t seeing any real relief.
 
North Carolinians are feeling the pinch of rising inflation, with skyrocketing rent prices putting a strain on their budgets.
North Carolinians are feeling the pinch of rising inflation, with skyrocketing rent prices putting a strain on their budgets.
 
President Joe Biden can call his economic policy whatever he wants — Bidenomics is the latest catchphrase — but a new poll shows the majority of the American people sum up the state of the economy in one or two words: “Struggling” and “Uncertain.”
President Joe Biden can call his economic policy whatever he wants — Bidenomics is the latest catchphrase — but a new poll shows the majority of the American people sum up the state of the economy in one or two words: “Struggling” and “Uncertain.”
 
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
 
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
 
The Baby Boomer generation stretched from 1946 to 1964. That means members are now 59 to 77 years old, and nearly 10,000 Boomers reach retirement age — 65 — each day.
The Baby Boomer generation stretched from 1946 to 1964. That means members are now 59 to 77 years old, and nearly 10,000 Boomers reach retirement age — 65 — each day.
 
Americans can expect lower tax returns this year, a phenomenon which comes as inflation and broader economic volatility continue to rattle household finances.
Americans can expect lower tax returns this year, a phenomenon which comes as inflation and broader economic volatility continue to rattle household finances.
 
The average age of cars and light-duty trucks on American roads has reached 12.5 years, according to a report from S&P Global, a phenomenon that comes as bottlenecked supply chains and elevated inflation continue their toll on households.
The average age of cars and light-duty trucks on American roads has reached 12.5 years, according to a report from S&P Global, a phenomenon that comes as bottlenecked supply chains and elevated inflation continue their toll on households.
 
With inflation remaining stubbornly persistent, the Easter Bunny has been forced to hide ramen noodle packages around people's yards in lieu of his usual eggs.
With inflation remaining stubbornly persistent, the Easter Bunny has been forced to hide ramen noodle packages around people's yards in lieu of his usual eggs.
 
Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
Nestlé, the largest food and drink company in the world, raised prices by a collective 9.8% in the first three months of the year as inflationary pressures increased input costs for the business.
 
Remember when the price of eggs soared, and providers said it was inflation and higher transportation costs and a sudden drop in production and some kind of avian flu?
Remember when the price of eggs soared, and providers said it was inflation and higher transportation costs and a sudden drop in production and some kind of avian flu?
 
The Consumer Price Index (CPI) rose 0.1% in March after increasing 0.4% in February according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 5.0%.
The Consumer Price Index (CPI) rose 0.1% in March after increasing 0.4% in February according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 5.0%.
 
President Joe Biden asserted on Friday that his administration has achieved significant “progress” with combating price levels, even as inflation rates remain between three times and four times higher than at the start of his term.
President Joe Biden asserted on Friday that his administration has achieved significant “progress” with combating price levels, even as inflation rates remain between three times and four times higher than at the start of his term.
 
Stocks slid after officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, continuing a slowdown from previous rate hikes meant to combat inflation and marking caution from policymakers given recent tumult in the banking sector.
Stocks slid after officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, continuing a slowdown from previous rate hikes meant to combat inflation and marking caution from policymakers given recent tumult in the banking sector.
 
Massachusetts Democratic Senator Elizabeth Warren called for a new Federal Reserve Chairman on Sunday as she lashed out at Jerome Powell’s job performance.
Massachusetts Democratic Senator Elizabeth Warren called for a new Federal Reserve Chairman on Sunday as she lashed out at Jerome Powell’s job performance.
 
President Joe Biden expressed a strong degree of economic confidence even as the Consumer Price Index rose 6.0% between February 2022 and February 2023 and price pressures from household staples continued to worsen.
President Joe Biden expressed a strong degree of economic confidence even as the Consumer Price Index rose 6.0% between February 2022 and February 2023 and price pressures from household staples continued to worsen.
 
Real average hourly earnings fell 1.3% percent last month, marking the 23rd month in a row under Biden in which inflation has outpaced wages.
Real average hourly earnings fell 1.3% percent last month, marking the 23rd month in a row under Biden in which inflation has outpaced wages.
 
Treasury Secretary Janet Yellen contended on Monday that inflation is decreasing as a result of efforts from the Federal Reserve.
Treasury Secretary Janet Yellen contended on Monday that inflation is decreasing as a result of efforts from the Federal Reserve.
 
President Joe Biden sounded a note of considerable economic optimism on Friday after the inflation metric most utilized by the Federal Reserve continued to increase.
President Joe Biden sounded a note of considerable economic optimism on Friday after the inflation metric most utilized by the Federal Reserve continued to increase.
 
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