The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told the Bild newspaper on Saturday, warning about a looming famine not...
Capital lawmakers, politicos, journalists — along with glitzy Hollywood celebrities — gathered on Saturday night for the annual “nerd prom,” the White House Correspondents’ Association dinner.
The night of frivolity usually ends with a comedian lightly...
First gas, then heating and now rents. Runaway inflation is driving rents skywards across Joe Biden’s America, delivering an average of a 20 percent increase in the U.S.’s biggest 50 cities over the past 12...
Consumer prices surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year.
The consumer price index for January, which measures...
The last time the U.S. unemployment rate fell below 3%, as one Federal Reserve official has predicted it will this year, the Korean War was nearing its end and a recession that saw legions of...
High demand for groceries combined with soaring freight costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to empty supermarket shelves at major retailers...
For Australian cattle farmer Jody Brown, the most chilling evidence of drought is the silence. Trees stand still, the warbling of birds gone. Lizards and emus have long departed, while kangaroo mothers, unable to sustain...
Gas prices in California are soaring to record levels as the holiday season approaches, combining with supply chain problems that have left some goods in short supply and mounting inflation to create a distinctly unfestive strain on many people's...
With consumers already dealing with the fastest price increases in decades, another unwelcome uptick is on the horizon: a widely expected increase in winter heating bills.
After plunging during the pandemic as the global economy slowed,...
The double-whammy of President Biden's inflation and supply chain crises that are continually brushed off by him and his administration are about to land another significant hit on American consumers after months of pain at...