Consumer sentiment rises as gas prices fall
Americans seem to be feeling more optimistic about the economy now that gas prices are falling.
U.S. inflation
Inflation topped 4% in May
Thursday, June 25, the U.S. Commerce Department reported inflation reached 4.1% in May, the highest level in three years.
President Trump tells DOJ to look into gouging by gas companies
Earlier Wednesday (June 24) President Trump said he ordered the Justice Department to look into what he called “gouging” by big oil companies.
Consumer sentiment rises for 1st time in 3 months
Americans may be feeling a little better about the economy.
US households, businesses stung by higher energy prices that have pushed inflation above 4%
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.
Consumer sentiment hits all time low
Not even during past wars, the 911 aftermath, the Great Recession, and the COVID pandemic have Americans felt this negative about the U.S. economy.
Trump Administration expands prescription program
The Trump Administration is expanding its prescription website.
Producer prices shot up 6%, adding to pressure on companies to raise prices for customers
U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
US consumer prices jump as Iran war sends energy prices rapidly higher
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
Tomato prices rise in March
As warm weather calls for more burgers, salsa, and salads, seasonal demand for tomatoes is picking up.
