The media celebrated the past week with headlines like "'Santa is coming after all'; Investors celebrate a cooler-than-expected inflation report" and "November CPI: Biden says economic plan 'just getting started' as prices cool."
Bidenflation, At 13.2%, Continues To Hurt Americans
Biden and the media celebrate slaying inflation as Americans struggle with high prices during the holiday season.
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US Consumer Prices Rise 0.1% In July, Matching Forecast
The Consumer Price Index increased 0.1% on a seasonally adjusted basis, while core CPI, which excludes food and energy, climbed 0.2%
Who Was Zhu Rongji, China’s ‘Economic Czar’ Who Died At 97
Zhu served as premier from 1998 to 2003 after years as a senior economic official.
US Existing Home Sales Fall As Prices And Mortgage Rates Rise
Housing supply also remains relatively tight. The report said about 1.54 million homes were available for sale in July, representing a 4.6-month supply.
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Putin Visits Disputed Kuril Islands, Drawing Strong Protest From Japan
Putin toured a fish processing plant, hospital and school on the Russian-controlled island and met Sakhalin regional Governor Valery Limarenko.
Unhappy Anniversary
Closing the gold window left the US with a pure fiat currency. The results have been disastrous.
Mike Fincke Retires From NASA After 549 Days In Space
Vanessa Wyche, director of NASA's Johnson Space Center, described Fincke's career as remarkable and praised his three decades of dedication.