Inflation jumps to 9.1% in June, real earnings down 3.6%

WASHINGTON D.C., July 13, 2022 – Today, the U.S. Bureau of Labor Statistics announced that consumer inflation rose to a 41-year high of 9.1% in June, up from 8.6% in May. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1% from May to June. Americans have not experienced such high consumer inflation since November of 1981. The all items less food and […]

U.S. bond yields surge as financial markets tumble, inflation jumps

All major indexes – Dow Jones Industrial Average, S&P 500, and the Nasdaq Composite – tumbled today, raising concerns of a looming recession following last week’s reports from the U.S. Bureau of Labor Statistics of a 40-year high 8.6% consumer inflation rate and a 3.0% decline in real earnings for the month of May. According to […]

Inflation jumps to 8.5% in March, real earnings down 2.7%

WASHINGTON D.C., April 13, 2022 – Yesterday, the U.S. Bureau of Labor Statistics announced that consumer inflation rose to a 40-year high of 8.54% in March, up from 7.87% in February. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2% from February to March. According to the latest CBS News/YouGov survey conducted between April 5-8, with a nationally […]

Upcoming vaccine mandate for truckers could stifle an already fragile supply chain

JANUARY 12, 2022 – A new vaccine mandate requiring cross-border truckers to be fully vaccinated goes into effect this Saturday, January 15, that could potentially be a massive blow to a supply chain already crippled by the effects of the pandemic. The Trump administration considered land-border crossings essential and allowed it to proceed regardless of […]