President Joe Biden gave a speech Monday at the White House touting the success of his "Bidenomics" economic policy while admitting that prices for many goods were still too high.
Former U.S. Sen. Doug Jones (D-Mountain Brook) quoted a Tweet by U.S. Rep. Jerry Carl (R-Mobile) to argue that Thanksgiving meal price increases are not due to President Joe Biden’s policies but rather the Republicans in Washington, D.C.
Thanksgiving is this Thursday, and families across the U.S. are already getting a taste of how much the cost to feed their family has increased under the Biden administration.
Three members of the Alabama delegation slammed President Joe Biden’s economic policies after the already strained U.S. economy experienced its first rise in the rate of consumer price increases after approximately a year.
The popularity of digital currencies like Bitcoin has skyrocketed over the past decade. CBDCs, like cryptocurrencies, are digital, but the main difference is that CBDCs fall under the control of the federal government.
U.S. Sen. Tommy Tuberville (R-Auburn) sat down with Fox News Channel's "Fox & Friends" on Tuesday and once again affirmed his support for Donald Trump’s 2024 presidential campaign.
U.S. Sen. Katie Britt (R-Montgomery) said on Twitter Tuesday night that nearly 10 million more Americans lived paycheck-to-paycheck in 2022 than in 2021.
An Alabama economist says to be prepared for another more expensive Thanksgiving meal following last year's inflation-ridden holiday.
While most of the corporate press continues to squash our collective brains in a partisan vise of sound and fury signifying nothing this election season, the 117th Congress continues to exhibit the greatest vice afflicting modern American politics — moderation.
The Salvation Army in the Shoals area is anticipating one of its busiest holiday seasons yet as inflation drives up need for assistance.
Stocks fell sharply on Tuesday on reports of higher-than-expected inflation in August.
The American people have a lot to say to their leaders in Washington, but too often no one is listening.
The Alabama Department of Labor reports online job ads were up 23.1% in July, from the same time last year. However, the ads were down 6.8% from June.
“Joe Biden Inherited a Recovery and Created a Recession, When Joe Biden took office in January of 2021, he inherited a booming COVID recovery from the Trump Administration. His economic prescriptions have now had a year to be absorbed by the economy and it's clearly bad medicine. All of his policies on issues from energy, to dealing with supply chain issues, to inflation, have led to this economic mess.," said Rep. Aderholt.
"Biden, Pelosi, and Schumer have only worsened the economic crisis facing Americans with their out-of-control socialist spending and anti-American energy policies," said Rep. Mike Rogers.
While prices are up across the board, the price of energy is seeing the greatest increase. This is resulting in higher prices at the gas pump, higher monthly power bills and higher natural gas bills for many Alabama families.
“Terri Sewell and the Democrats couldn’t prevent inflation or high gas prices, even though they control the House, Senate, AND the Presidency. Why should we think they have the answers now?” said Republican challenger Beatrice Nichols.
“We are talking about basic necessities like groceries, clothes, transportation. Families no longer have extra money to do things like go out to eat after Church or take a vacation. Soaring prices are impacting small business too," Sen. Tommy Tuberville said.
“Families are struggling to afford Biden's economy, doing everything from eating less meat to canceling vacations," Tuberville said,
“The Biden administration wants to install their Green New Deal socialism by forcing Americans to pay sky high prices at the gas station. Unreal,” Rep. Rogers said on his Facebook page.
“I was in Alabama all last weekend going around to restaurants and grocery stores. Inflation's out of control,” Tuberville claimed. “It's been growing for the last two years ever since he [Biden] took office,” said Sen. Tommy Tuberville.
“Instead of punishing those in the packing industry and deputizing bureaucrats to force more rules and regulations on the American people, we should be doing all we can to slice red tape, repair the broken supply chain, and end the federal government overspending fueling historic inflation,” Moore said.
On Tuesday the Commerce Department reported that retail and food service spending posted a 0.3% decline in May. Retail sales turned negative in May as consumers pulled back spending while inflation surged. Republican leaders have been critical of President Biden's economic policies, which they claim exacerbated the inflation especially soaring fuel prices.
Birmingham residents have seen a shocking increase in the cost of living, especially renters.
Jefferson County families will see a 65% increase in their quarterly garbage bills, under an emergency contract amendment with AmWaste approved on Thursday. The Jefferson County Commission’s vote comes as cities and counties across Alabama are seeing major increases in the cost of garbage collection.
As poultry and produce prices skyrocket due to inflation, many Alabamians are looking for ways to keep food on the table without taking a hit. Some have turned to growing and raising their own food.
Subprime loan defaults are, once again, on the rise as concerns over the U.S economy continue to grow.