Economy - /contrib/economy

The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban.

The Food and Agriculture Organization of the United Nations reported last week that the international food price index hit an all-time high in February. Food prices are up 24% from one year ago. And it's only going to get worse. The FAO Food Price Ind

Canada was the beta test when the government targeted the financial networks of the truckers and political opposition. Now, the global governing system replaces Trudeau and uses the private financial industry to target Russians instead of truckers. When I

They refrained from explicitly calling for greater domestic energy production

Well-known Russian blogger-propagandist Maxim Kalashnikov said that Russians need to "borrow" methods of organizing the economy and social structure from Hitler.

As Americans suffer the severe economic consequences of soaring inflation, the average U.S. household will have to shell out about $3,500 more in 2021 in order to match their consumption levels from prior years, according to an analysis by the Penn Wharto

The bottom 50% of the world holds 2% of wealth, while the top 10% holds 76%, according to a huge data set that leading economists compiled for years.

A favorite food is the latest to be impacted by supply chain issues that have shelves empty and prices soaring.

Treasury Secretary Janet Yellen: Expect inflation to improve by 'the middle to end' of 2022

Investors are stepping up bets that the world's key central banks will raise interest rates sooner than they'd planned, and faster than they'd like. Global bonds are headed for their ... Click to Continue

President Biden's administration is considering releasing oil from the Strategic Petroleum Reserve, among other things, as gas prices reach a 7-year high.

Natural gas prices have reached unhealthy levels for both producers and consumers, Saad al-Kaabi, Qatar's Energy Minister and CEO of Qatar Petroleum, the world's top LNG exporter, said on Thursday

The Delta variant and a tight labor market held back job growth, with public school hiring lower than expected.

The Food and Agricultural Organization (FAO) of the United Nations, food prices are higher than they've been in ten years.

Costco is setting consumer limitations on purchases of essenitial household items amid inflation and supply-chain complications.

A US default would be a "catastrophic blow" to America's economic recovery from Covid-19, setting off a downturn that would rival the Great Recession, Moody's Analytics warned in a new report. If the US defaults on its debt payments and the impasse drags on, the ensuing recession would wipe out

Americans Panic Over Soaring Inflation, Buying Conditions Hit The Worst On Record One month ago, when looking at the internals of the UMich report, we noted that there was " A Sudden Negative Change In The Economy" as consumer spending intentions

NPR highlighted the growing number of mobile home part evictions. According to the report, real estate investors continue to buy up mobile home parks across the US. They then raise lot rents and fees, and evict residents who can’t pay.

Nearly 18 months after Congress came to the rescue of jobless Americans, its historic expansion of the nation's unemployment benefits system expired nationwide this weekend.

ALBANY, N.Y. (AP) — New York lawmakers prepared to vote Wednesday on extending an eviction moratorium for tenants who fell behind on their rent because of hardships caused by the COVID-19 pandemic....