COVID stimulus checks worsened inflation

Inflation has surged across much of the developed world in the past year as COVID-19 lockdowns eased and pent-up...

‘Inflation tax’ will cost families this many thousands this year, Bloomberg analysis warns

Another day, another alarming inflation metric. We just got the numbers for the Personal Consumption Expenditures index (PCE), the...

Despite inflation running at a 40-year high, the Biden administration is pushing ahead with plans to hike wages for...