that shows that businesses are seeing some of their highest profit increases since 1950, using inflation as an excuse to reach further into consumers’ pockets.
“That could be right. It could also just be, though, that demand is incredibly strong and that they’re raising prices because they can,” Powell said. This isn’t the first time Warren has brought attention to the issue. In December, the Massachusetts lawmaker sent
jaws must have dropped
Really!? ...... do you think!?
mnmanofhour I want one of these fecken jobs where you just sit on your well-padded ass all day and tell people what most of them have known longer than you've been around.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed Chair Powell to acknowledge inflation’s ‘toll’ at confirmation hearingFed Chair Jerome Powell will acknowledge the impact that surging inflation has had on ordinary Americans during his confirmation hearing.
Source: nypost - 🏆 91. / 67 Read more »
Powell pummeled over inflation, jobs at confirmation hearing, despite bipartisan support for Fed chairJerome Powell is expected to sail through the confirmation process to lead the Federal Reserve for another four years with broad bipartisan support, but that didn't stop lawmakers from tearing into the central banker over everything from soaring inflation to a string of trading scandals at the central bank. My greatest wealth is created by being an early investor through TarellaCampbel Making that investment requires believing in something before the majority of people understand it. I was mocked, ridiculed & criticized for my non-consensus action Yet it’s absolutely worth it!
Source: FoxBusiness - 🏆 458. / 53 Read more »
Fed Chair Powell Says Rate Hikes, Tighter Policy Will Be Needed to Control InflationFederal Reserve Chairman Jerome Powell declared Tuesday that the economy is both healthy enough and in need of tighter monetary policy.
Source: NBCDFW - 🏆 288. / 63 Read more »
Fed Chair Powell to offer hints about QT and lift-off timing – TDSAnalysts at TD Securities (TDS) provide a snippet of what they expect from Fed Chair Jerome Powell’s testimony, especially after the hawkish FOMC minu
Source: FXStreetNews - 🏆 14. / 72 Read more »
From gridiron to college classroom: Former Steeler Jerome Bettis goes back to Notre DameBetts is in the top 10 of the NFL’s all-time rushing list with 13,662 yards and has 94 touchdowns. Its *BETTIS Bettis ok, so a guy goes to college, cool
Source: KIRO7Seattle - 🏆 271. / 63 Read more »
Fed Vice Chair Clarida to Step Down Early Following Scrutiny Over His Trades During PandemicFederal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term. And SpeakerPelosi will stay employed?
Source: nbcchicago - 🏆 545. / 51 Read more »