Page 9 - Ryan Bourne News Today

From Brexit-skeptic to face of the ‘Global Britain’ agenda, new foreign secretary Liz Truss is selling Britain to the world, but is most popular at home.

A $1.9 trillion coronavirus relief package that President Biden signed into law earlier this year is likely stoking inflation, according to new research published by the Federal Reserve Bank of San Francisco this week.

Surging used-vehicle prices suggest inflation will strengthen in early 2022.

Spiraling inflation could mean higher taxes for millions of Americans – a phenomenon known as "bracket creep" that pushes taxpayers into higher-income brackets even though their purchasing power is unchanged due to wild surges in consumer prices.

Procter & Gamble Co. is set to raise prices across the board to combat broad-based and sustained inflationary pressures.

U.S. stocks rallied Tuesday as earnings reports continued to exceed estimates.

Gas supplies are facing even more pressure after a fire ripped through a major plant in Russia.

With exceptions, presidential proclamations limit entry into the United States of noncitizens coming from many countries.

Matt Thibodeau is a professional packager whose work includes shrink-wrapping, glueing, labeling, bagging, and package assembling. He eats lunch with his coworkers, and he typically gets home before 5:00 p.m. When he gets his check every two weeks his colleagues cheer for him, even though the average take-home pay at his Pennsylvania plant is $3.40 per hour, less than half the federal minimum of $7.25.

What economic lessons does the pandemic teach us?