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The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17. (Photo by Nicholas Kamm / AFP via Getty Images) President Biden and his fellow Democrats need to learn to talk about inflation if they hope to maintain congressional majorities in this year’s midterm elections. They can’t deny that costs for … Read more

Energy prices in Turkey leave people struggling

Energy prices in Turkey leave people struggling

WBAL – Baltimore Videos Republican delegate wants Maryland’s popular governor impeached A Republican state delegate, who is seeking the party’s nomination in Maryland’s gubernatorial race, is calling for impeaching the current governor. Delegate Dan Cox, R-District 4, whose district encompasses portions of Carroll and Frederick counties, introduced a resolution on Thursday in the House detailing … Read more

Energy prices: What is the 'rebate and clawback' scheme and how do I get a discount on my bill?

Energy prices: What is the 'rebate and clawback' scheme and how do I get a discount on my bill?

Households across the country are bracing themselves for soaring energy bills from April as the price of wholesale gas goes up. Regulator Ofgem is poised to announce a change in the price cap – which sets what energy firms can charge – which is currently set at £1,300. but the BBC reports that this could … Read more

Interest rates: What they mean for the economy, what they mean for house prices – and what happens when they rise

Who are high interests rates good for? Bank of England to announce another hike

With rising fears of inflation and the increasing cost of living, there is pressure on central banks – including the Bank of England – to raise interest rates in response. Interest rates have been at close to rock-bottom levels since the global financial crisis of 2008, and were lowered again in response to the coronavirus … Read more

As Biden doubles down on his War on Energy, prices keep shooting up

As Biden doubles down on his War on Energy, prices keep shooting up

Do you think energy costs are high right now? Just wait and see: President Joe Biden is doubling down on his War on Energy, and that will keep prices going, rising, and . . . up. Biden’s Environmental Protection Agency is writing new rules that will increase costs for fossil fuel-based power plants. And, as … Read more