Inflation

Reflecting on 2024 in personal finance, consumers turned out resilient despite high inflation and interest rates. A healthy economy, robust spending, and strong wage growth marked the year.

TL/DR - Senator Joni Ernst is questioning why the Biden administration is encouraging federal agencies to place promotional signs next to taxpayer-funded projects. The signs declare that the projects were funded by President Joe Biden rather than taxpayers. In a letter, Ernst criticized this practice and asked for details regarding the cost of…

TL/DR - Senator Ted Cruz is introducing a bill to repeal the 'natural gas tax' in the Inflation Reduction Act (IRA), which allows the Environmental Protection Agency to impose fines on energy companies that emit more methane than permitted. The bill is supported by several organizations, including the Independent Petroleum Producers of America…

TL/DR - President Joe Biden attributed the increased cost of Super Bowl parties to corporate greed and "shrinkflation," a practice where companies reduce the size or quantity of their products while keeping the price the same. However, the author criticizes this stance, attributing the rise in living costs to the fiscal irresponsibility of the…