Gas, housing and car insurance costs soar, fueling inflation in March
Shelter, gas and car insurance costs weighed heavily on consumer expenses, contributing to over half of the monthly increase in March, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).
US economy is not sick, it doesn't need Fed rate cuts: Don Luskin
TrendMacro Chief Investment Officer Don Luskin discusses whether inflation or affordability is the bigger issue for consumers on 'Making Money.'
Invest until you die, 'it's never too late': Nicole Webb
Wealth Enhancement Group Senior Vice President Nicole Webb discusses how investors can get started in the market no matter their age on 'Making Money.'
'Drives me absolutely insane': Sticker shock at the pump as gas prices up over 50% since Biden took office
Americans filling their tanks up at a gas station in Alexandria, Virginia, reacted to gas prices rising over 50% since January 2021, when President Biden took office.
Drivers complain higher gas prices leading to painful receipts at the pump
Americans filling their tanks up at a gas station in Alexandria, Virginia, reacted to gas prices rising over 50% since January 2021 when President Biden took office.
Everyone from Powell down 'has to go': EJ Antoni
Heritage Foundation public finance economist EJ Antoni sounds off on Biden's remarks about a possible rate cut, Larry Summers' prediction for a rate hike, the president's spending and a 'debt bomb.'
Stuart Varney: President Biden refuses to address reality
FOX Business' Stuart Varney discussed whether President Biden is capable of dealing with the nation's economic realities as inflation and high food prices persist.
Inflation is here to stay: Bill Pulte
Pulte Capital CEO Bill Pulte discusses the impact of inflation on the housing industry.
Stuart Varney: President Biden refuses to address reality
'Varney & Co.' host Stuart Varney argues Biden is turning a blind eye to our nation's biggest economic problems.'
Mitch Roschelle on mortgage rate increase: I feel for those first-time buyers
Madison Ventures+ Managing Director Mitch Roschelle weighs in on skyrocketing mortgage rates and rent prices.
There's just no question we're going to have an inflation bounce, says Larry McDonald
A 'Mornings with Maria' panel provides their reaction to the March PPI and the impact of inflation on the economy.
Wholesale inflation jumps to highest level since April 2023
The producer price index, a key measure of inflation at the wholesale level, rose in March to the highest level in close to a year as high prices persist.
Media has been ‘gaslighting’ the American public on inflation: Larry McDonald
The Bear Traps Report founder Larry McDonald weighs in on the White House’s handling of the U.S. economy, arguing that Biden is trying to ‘influence’ the Federal Reserve.
We are in the middle of a market correction: Mary Ann Bartels
Sanctuary Wealth chief investment strategist Mary Ann Bartels and Strategic Wealth Partners CEO Mark Tepper break down March’s hotter-than-expected CPI data.
Fear of inflation will cause a correction, says Lee Munson
Portfolio Wealth Advisors President and CIO Lee Munson discusses the markets, the March CPI and earnings season.
High inflation is costing Americans an extra $1K a month
Inflation has fallen considerably from the highs of mid-2022, but price gains are still costing Americans an extra $227 a month compared to last year.
Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite
President Biden claimed Wednesday that inflation was "skyrocketing" when he took office despite federal data showing that consumer prices remained low at the time.
These are the US cities with the highest inflation
High inflation continues to ravage Americans' wallets, but it is hurting some areas of the country more than others. Fresh data shows which cities have been hit worst.
Gold's big rally could be a sign the market fears inflation: Paul Hickey
Bespoke Investment Group co-founder Paul Hickey explains why gold prices continue to climb higher on 'Making Money.'
Fed officials worried inflation progress is stalling, meeting minutes show
Federal Reserve officials expressed concern during their March policy-setting meeting that inflation within the economy could remain uncomfortably high.