Tag: stagflation
US economic growth in first quarter even worse than previously thought
(Daily Caller News Foundation) -- The U.S. economy grew less than previously thought in the first quarter of 2024 amid a slowdown in consumer...
Americans are getting poorer while prices keep going up
(Daily Caller News Foundation) -- Americans’ real weekly earnings dropped sharply in April and still remain well below their level when President Joe Biden...
Gains in government jobs couldn’t save Biden’s economy in April
(Daily Caller News Foundation) -- Growth in government jobs slowed in April, bucking the pattern that has contributed to above-trend job growth over the...
Mounting evidence is pointing to a nightmare scenario for the US...
(Daily Caller News Foundation) -- The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average...
Yellen says she regrets pushing ‘transitory’ inflation narrative
A day after the latest inflation data came in hotter than expected, Treasury Secretary Janet Yellen said the path to relieving price pressures will...