higher prices

COVID-19

High inflation? Low polling? White House blames the pandemic

Inflation is soaring, businesses are struggling to hire and President Joe Biden’s poll numbers have been in free fall. The White House sees a common culprit for it all: COVID-19. Biden’s team views the pandemic as the root cause of both the nation’s malaise and his own political woes. Finally controlling COVID-19, the White House

Financial

Economists Say Inflation Is Real, Warn More Spending Could Make It Worse

To paraphrase Jerry Seinfeld’s would-be paramour, “Inflation is real….and it is spectacular.” Spectacularly bad, says economist Stephen Moore, noting the annual inflation rate in the U.S. surged to 6.2 percent in October, the highest since November 1990. And the reason is simple, Moore says. “There are too many dollars chasing too few goods.” Democrats who just

Economy

Americans are spending but inflation casts pall over economy

Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall. A raft of economic data issued Wednesday showed the economy on solid footing, with Americans’ incomes rising and jobless claims falling to a level not seen since the Beatles were still together. The spike

Gas Prices

Arizona Weekly Gas Price Update for week of October 18, 2021

Arizona gas prices have risen 5.7 cents per gallon in the past week, averaging $3.33/g today, according to GasBuddy’s daily survey of 2,269 stations in Arizona. Gas prices in Arizona are 15.5 cents per gallon higher than a month ago and stand $1.08/g higher than a year ago. According to GasBuddy price reports, the cheapest

Environment

Warming rivers in US West killing fish, imperiling industry

Baby salmon are dying by the thousands in one California river, and an entire run of endangered salmon could be wiped out in another. Fishermen who make their living off adult salmon, once they enter the Pacific Ocean, are sounding the alarm as blistering heat waves and extended drought in the U.S. West raise water

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