Posts Tagged ‘prices’

DCCC Blasted on Twitter After Thanking Biden for 2 Cent Decrease in Gas Prices 

The Democrat Congressional Campaign Committee (DCCC) was blasted on Twitter after sending a post that thanked President Joe Biden for a two-cent decrease in gas prices, despite gas prices rising more than a dollar under his presidency. “Thanks, @JoeBiden,” tweeted the DCCC along with a graph that shows gas prices decreased from $3.40 to $3.38 […]

As executives hike prices, US corporations rake in biggest profits since 1950

New data released by the Commerce Department shows that over the last two quarters of 2021, U.S. corporations outside the finance sector have raked in their largest profits since 1950—a windfall that belies CEO gripes about rising labor costs and broader inflationary pressures in the economy. “Let’s be clear. The problem is not the worker […]

Fewer camels, low prices mar Rajasthan’s Pushkar camel fair

Rajasthan’s over 100 years old Pushkar Mela is one of the most famous and largest camel fairs in the world. Due to the Covid pandemic though, the event has taken a big hit with both low arrivals of camels for sales and plummeting prices for the animals. “ I have been coming to Pushkar fair continuously for 10 […]

Dem Rep. Spanberger: ‘The Buck Stops with the President’ on Gas Prices

During a portion of an interview with Richmond, VA ABC affiliate WRIC on Tuesday, Rep. Abigail Spanberger (D-VA) said that while there are many things that contribute to increased gas prices, the ultimate responsibility falls on President Joe Biden and she’s “proud” to be among members of Congress sounding the alarm on the severity of […]

Bidenflation Causes Dollar Tree to Raise Prices by 25 Percent to $1.25

President Joe Biden’s 30 year-high inflation has caused Dollar Tree to raise prices by 25 percent on the majority of its products, the company announced Tuesday. After 35 years of offering consumers, often “low-income consumers,” everyday products for just a dollar, Dollar Tree customers will have to fork over 25 percent more money, or $1.25, […]

Fighting gas prices, US to release 50 million barrels of oil

US President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including India, the United Kingdom and China. The US action is aimed at global energy markets, but also at helping Americans coping with higher […]

Gas Group Pushes Back on Biden Blaming Industry for High Fuel Prices: ‘Distraction’ from Bad Energy Policies

As pressure mounts on Joe Biden and his administration over inflation, including higher prices at the gas pump, the president has asked the Federal Trade Commission (FTC) to investigate potentially “illegal conduct” by the oil and gas industry — and that industry is pushing back. “This is a distraction from the fundamental market shift that […]

Psaki Says High Gas Prices Are Good Because Americans Will Be Forced To Drive Greener Flintstones Cars

Psaki Says High Gas Prices Are Good Because Americans Will Be Forced To Drive Greener Flintstones Cars WASHINGTON, D.C.—Press Secretary Jen Psaki has assured Americans that higher gas prices are actually a good thing, because it means we will be forced to switch to greener modes of transportation such as foot-powered Flintstone cars. “Look, the […]

Warren on Increased Gas Prices: ‘This Isn’t About Inflation’ – It’s Price Gouging

On Wednesday’s broadcast of MSNBC’s “The ReidOut,” Sen. Elizabeth Warren (D-MA) argued that if “this were just ordinary inflation, we might see prices go up. But prices at the pump have gone up,” because the increase in gas prices “isn’t about inflation. This is about price gouging for these guys.” Warren said, “We know exactly […]

Spiraling Prices, Shortages, Foreign Exchange Crisis In Sri Lanka: Opposition Leads Thousands To Protest

Tens of thousands of supporters of Sri Lanka’s main opposition party rallied in the capital Colombo to protest the nation’s economic woes. This is the first major campaign against Sri Lankan President Gotabaya Rajapaksa’s government since it swept to power last August. Defying heavy sporadic rains, tightened Covid-19 guidelines and court orders, supporters of the […]

Exclusive— Tom Cotton: High Gas Prices ‘Intended Effect of Joe Biden’s Energy Policy,’ It Is Not ‘Some Accident’

Sen. Tom Cotton (R-AR) told Breitbart News exclusively he believes President Joe Biden and other Democrats are deliberately causing gas prices to hike to record highs on purpose to push their leftist environmentalist agenda on unsuspecting Americans. Cotton, who campaigned last week for Republicans in Iowa ahead of the 2022 midterm elections, told Breitbart News […]

Food Prices Vault to Highest Level in a Decade

Food Prices Vault to Highest Level in a Decade Date: November 8, 2021Author: Nwo Report Source: ETFood prices across the world have risen to their highest levels in a decade on the back of tightening supply conditions coupled with robust demand, according to the Food and Agriculture Organization of the United Nations (FAO).The FAO’s food […]

Stock Prices Are Dangerously Diverging: Mega Banks Close in a Sea of Red Ink as S&P 500 Hits an Historic Record

Yesterday, the S&P 500 and Nasdaq set new record highs for the sixth straight trading session. The Dow Jones Industrial Average, however, closed in the red. That’s because two high-priced bank components of the Dow, Goldman Sachs and JPMorgan Chase, closed in the red and helped to pull the index into negative territory. (The Dow […]

The apocalypse is near! Food production collapse! Soaring wheat prices from the U.S. to Russia are raising bread costs

Wheat prices are surging from the U.S. to Russia, hitting a record in Europe and raising bread costs all over the world. And there may not be much relief soon. The crop – grown on more land than any other – was hit by droughts, frost, and heavy rain this year in key exporters. That’s curbed […]

Rapidly Rising Prices and Worsening Shortages Slowed Manufacturing in October

Manufacturing activity in the U.S. slowed as all industries reported higher prices for materials and record long-lead times, indicating that the supply chain disruptions continued to hold back the economy and fuel inflation. The Institute for Supply Management said on Monday that its survey of manufacturers showed that manufacturers continued to face shortages and rising […]

NYT Reporter Asks for Raising Gas Prices on Middle Class to Cut Fossil Fuel Consumption

A New York Times reporter asked President Joe Biden to raise gasoline prices on middle-class people around the world to reduce carbon emissions and curtail climate change. Speaking with reporters at the G-20 Summit on Sunday, Jim Tankersley of the New York Times asked the president if working-class people should “pay more” for gasoline in […]

Canada Boosts US Natgas Exports, Drills More as Global Prices Surge

CALGARY, Alberta/NEW YORK—Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity. Global natural gas prices have hit multi-year highs as world economies recover from last year’s slowdown during the pandemic. Now, natural gas stockpiles […]

China’s New Home Prices Fall, Signalling Market Cooling

China’s home prices fell for the first time in six years in September amid a home sales slump and developer debt crises, casting shadows on the country’s weakening economic growth. China’s average new home price in 70 cities slightly declined in September compared with a month earlier, and the year-on-year increase continued to slow, Sheng […]

Energy prices are skyrocketing. It’s game over for gas | View

Europe’s most powerful leaders are gathering in Brussels to scramble a response to skyrocketing energy prices, a crisis that could leave tens of millions of Europeans facing a freezing cold winter. But the most glaring long-term answer is not on the table: getting Europe off gas. Gas prices have increased by an astonishing 500 per […]

Norwegian Fertilizer Giant Warns of Global Famine Due to High Gas Prices in Europe

    Sky-high gas prices in Europe could threaten food security throughout the world, the Norwegian fertiliser producer Yara has warned, emphasising that European nitrogen production is important for worldwide agriculture. In the company’s third-quarter report, Yara President Svein Tore Holsether warned that crop yields could fall as farmers may be forced to cut fertiliser […]

Why the hell are Democrats keeping your drug prices high?

Excuse me but I have to vent. Three House Democrats and one Democratic senator are now blocking a proposal to allow Medicare to negotiate drug prices. Medicare is such a big purchaser of drugs that it has the bargaining leverage to cut drug prices for everyone — if allowed to do so. This would save at least […]

Billionaire Supermarket Owner Warns: Food Prices Will Go Up ‘Tremendously’

The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months. John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products. “I see […]

Breakfast Inflation Strikes As Oat Prices Hit Record Highs

Americans are accustomed to a bowl of cereal as their go-to breakfast meal is about to experience a price increase because of rapid food inflation. This year, a devastating drought in North American oat fields has resulted in the lowest harvest for the cereal grain in years, pushing prices to record highs, a warning sign […]

China Orders More Coal Production, Oil Prices Rise as Energy Crisis Deepens

China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for coal to keep factories open and homes heated. The rebound in economic activity from coronavirus restrictions has exposed alarmingly low supplies of natural gas leaving traders, […]

Global Food Prices Hit Fresh Decade High

The latest rise in the FFPI was primarily driven by “higher prices of most cereals and vegetable oils. Dairy and sugar prices were also firmer, while the meat price sub-index remained stable,” FAO said.  Compound soaring freight costs on land and sea, along with supply chain disruptions, have left some grocery chains with no other […]

Pandemic and surge in food prices deepens global hunger

Global food prices have risen 33 percent in the last 12 months, according to the United Nations’ Food and Agriculture Organisation (FAO). Basic staples such as vegetable oil, grains and meat have shown some of the highest increases. Coming on top of the economic catastrophe visited on billions by the pandemic, these pressures will fuel […]

Consumer Prices Up 5.3 Percent as Food, Fuel, and Shelter Surge Higher

Consumer prices rose again in August, albeit at a slower pace than earlier in the summer. The Consumer Price Index rose 5.3 percent compared with a year ago, the Department of Labor said Tuesday. On a monthly basis, the CPI rose 0.3 percent. That continues the trend seen since January as the U.S. economy has […]

Why Won’t Hospitals Release Their Prices for Common Procedures?

Hospitals have to be one of the biggest rackets around. They were mandated to disclose their prices, but many have been non-compliant. Link Share now! Source

Many Businesses Expect to Hike Selling Prices in Face of Higher Input Costs: Fed

A number of American businesses facing supply-crunch-driven inflation in input costs say they expect to pass on higher prices to consumers, according to the Federal Reserve. Producer price inflation and its potential spillover onto store shelves is one the themes from the Fed’s most recent version of the “Beige Book,” released on Wednesday, which provides […]

Heavy Burden of Prices on People, and Monetization

The civil society is now grappled with new expressions like “brownfield investment” which means a company or government entity takes over the existing production facilities to facilitate launching a new production activity. Best example for this financial resource strategy is ‘foreign direct investment.’ An alternative expression to this is a ‘greenfield investment,‘ wherein a fresh […]

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