Allstate took a loss on auto-insurance underwriting due to rising cost of used cars; Altria expects higher payments in tobacco settlement Inflation is expected to add to legal costs for … [Read more...] about Inflation Is Everywhere, Including Places You Might Not Expect
inflation
EDITORIAL: Joe Biden, Democrats and the Misery Index
It was only months ago that Democrats insisted that inflation worries were overblown and part of a GOP plot to sabotage President Joe Biden’s massive spending plans. Some White House media … [Read more...] about EDITORIAL: Joe Biden, Democrats and the Misery Index
EDITORIAL: The national debt soars passed $30 trillion
Las Vegas Review-Journal Editorial Board, February 5, 2022 Trying to conceptualize the amount of money that the U.S. government spends is no easy task. The late Sen. Everett Dirksen is famously … [Read more...] about EDITORIAL: The national debt soars passed $30 trillion
Omicron, Inflation Drive Down U.S. Growth Outlook
A customer shopped at an appliance store Jan. 12 in Miami. Consumer spending accounts for 69% of U.S. gross domestic product. Photo: Joe Raedle/Getty Images by Harriet Torry and Anthony DeBarros, The … [Read more...] about Omicron, Inflation Drive Down U.S. Growth Outlook
US consumer prices up 6.8% in past year, most since 1982
By Martin Crutsinger The Associated Press December 10, 2021 WASHINGTON — Prices for U.S. consumers jumped 6.8 percent in November compared with a year earlier as surging costs for food, energy, … [Read more...] about US consumer prices up 6.8% in past year, most since 1982