inflation – Page 50 – One America News Network

US President Joe Biden delivers remarks at the IBM facility in Poughkeepsie, New York, on October 6, 2022. - IBM's CEO Arvind Krishna announced Thursday a $20-billion investment in quantum computing, semiconductor manufacturing and other high-tech areas in its New York state facilities. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

New Data Indicates Massive Recession In 2024

According to experts, the year 2024 could see the worst economic collapse since the Great Depression.

A person pumps gas, Tuesday, Sept. 12, 2023, in Marietta, Ga. Georgia's governor Brian Kemp is suspending state taxes on gasoline and diesel fuel, declaring a legal emergency over higher prices, Tuesday. (AP Photo/Mike Stewart)

Gov. Kemp Declares Gas Tax Suspension As Georgia Faces Inflation

On Tuesday, Governor Brian Kemp announced a temporary suspension on Georgia’s gasoline tax and declared a state of emergency in an effort to reduce inflation.

PICO RIVERA, CA - JULY 15: Hostess Twinkie snack cakes and Donettes are on display at a store July 15, 2013 in Pico Rivera, California. Twinkies returned to store shelves after Hostess filed for Chapter 11 bankruptcy late last year, after years of management turmoil and a standoff with its second-biggest union. The company sold off its various brands, with Twinkies and other Hostess cakes going to private equity firms Apollo Global Management and Metropoulos & Co. (Photo by Kevork Djansezian/Getty Images)

J.M. Smucker Agrees To Buy Hostess Brands In $5.6 Billion Deal

Jelly Maker J.M. Smucker announced on Monday that they are buying Hostess Brands for a whopping $5.6 billion, including their ongoing debt, which equates to $34.25 a share.

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

APTOPIX Argentina Security Police guard a supermarket after reports that looters tried to break into the store in Bariloche, Argentina, Wednesday, Aug. 23, 2023. (AP Photo/Natacha Pisarenko)

Argentina Lootings And Violence Prompted By Fear Of Coming October Elections

Concerns about growing violence in Argentina is now rising as authorities have reported a large number of recent arrests regarding lootings of a number of stores and supermarkets ahead of October presidential elections.

US Mortgage Rate Climbs to 7.16%, Could Hit 8%, Mark Not Seen Since 2000

The U.S. mortgage rate rose to the highest mark in over 20 years. According to Mortgage Bankers Association, the 30-year mortgage rate rose to 7.16% last week, which matches the highest since 2001.