230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation

230 Economists Warn the US Government's Proposed Inflation Reduction Act Will Fuel InflationLast week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s House and Senate leaders warning that the proposed policies will actually fuel inflation. […]

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Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry

Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping IndustryDuring the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes are feeling the brunt of rising inflation. After […]

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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?

US Expands Subprime Mortgage Program, Is a New Crisis Looming?The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new […]

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US Gallup Poll Shows Only 2% of American Investors Own Bitcoin

US Gallup Poll Shows Only 2% of American Investors Own BitcoinAccording to a Wells Fargo Gallup Investor and Retirement Optimism Index poll, just 2 percent of Americans surveyed own bitcoin. The poll is based on US adults who have at least $10,000 or more invested in things like mutual funds, stocks, and bonds. The Gallup survey also reveals that 26 percent of the US residents […]

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