Due to the worsening inflation crisis, the real wages of American workers continued to fall during the month of May, according to a new report from the Bureau of Labor Statistics. During May 2022, inflation hit the highest level since December 1981 as prices rose 1% from the previous month and 8.6% from the year
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Despite the U.S. GDP shrinking by 1.4% in the first quarter of 2022, Biden administration Treasury Secretary Janet Yellen says that there is “nothing to suggest” that the United States will enter
During Tuesday’s press briefing, White House Press Secretary Karine Jean-Pierre was asked by Fox News reporter Peter Doocy about a recent poll from The Wall Street Journal that found that Americans are
During an interview with CNN’s Wolf Blitzer on Tuesday, Treasury Secretary Janet Yellen admitted that she was “wrong” about inflation when she said in 2021 that it was just a “small risk.”
The United States economy shrank at a 1.5% annual rate during the first quarter of 2022, according to a new report from the Bureau of Economic Analysis. The poor numbers were the worst
