Economy

"There's nothing we're unable to overcome," the president said on Thursday, as coronavirus cases rise and the economy experiences a 31-year high for inflation.

The American Farm Bureau Federation projected that the average cost of Thanksgiving dinner may have surged as much as 14 percent.

Ron Klain called a drop in unemployment "the biggest difference between Thanksgiving 2020 and Thanksgiving 2021."

The president's "end of quote" remark has been mocked by users calling it a "Ron Burgundy moment," but was it really a mistake?

The bargain chain store said "freight and supply chain disruptions" meant it would permanently increase prices on most items by the end of Q1 2022.

The president has stated that he is taking action to combat rising costs as well as supply chain issues.

Experts predict that average U.S. gas prices could drop up to 30 cents per gallon over the next few weeks.

"Each month of the quarter got stronger," CEO Doug McMillon said. "The number of containers that we're moving through the ports has grown significantly."

"Gas prices have been rising due to inflationary pressures from bad federal policies," the Republican governor said Monday.

Americans have been dealing with high gas prices, which averaged $3.409 per gallon on Monday.

The vaccine mandate exceeds the authority of the executive branch, and what's more, it represents an unmanageable burden for countless employees and businesses.

Sixty-four percent of respondents in the CBS News/YouGov poll said items are often not in stock, and 55 percent noted that deliveries are taking longer than usual.

"This is the plan of the Left...Get us to a place where we have just staggering financial problems, and so more control by the federal government must be put into place," Flynn said.

Seven in 10 Americans said rising prices are causing them to change their spending habits.

Supply-chain disruptions will make your family feast 14 percent pricier this year, according to the Farm Bureau.

A majority of states have a ratio of job openings to unemployed workers that is now higher than it was before the pandemic.

Gas prices in California hit a new record high for the third consecutive day on Tuesday.

Using the reconciliation bill to give a tax cut to America's richest families is unconscionable, especially when revenue lost to the SALT deduction could otherwise fund important programs from President Joe Biden's agenda.

More favorable tax policies for working families would create a more productive economy, inspiring GDP growth rates and broad expansion of wealth.

Some viewers have claimed Stephanie Ruhle is out of touch for her comments on inflation and on how the average American spent their money during the pandemic.

"Everything is going sky high," said one Seville resident. "And it doesn't look like things are going to get better."

"Do you think that you and the president were wrong?" Jake Tapper asked White House economic adviser Brian Deese on Sunday.

"I disagree with Joe that Build Back Better is going to add to inflation," said the Democrat, pointing out economists have called the bill "anti-inflationary."

"Before, you'd go to the store, and if you had $100, you could buy four bags of groceries and be happy. Now, you're lucky to get a bag," a consumer told NPR.

"We told the administration that this mandate, given the nature of our industry and makeup of our workforce, could have devastating impacts on the supply chain and the economy and they have, unfortunately, chosen to move forward despite those warnings," the American Trucking Associations president said.

The EIA's recent report stated U.S. households that rely on natural gas could spend an average of $746 to heat their homes this winter—up 30 percent from the previous one.

The nation's unemployment rate edged downward from 4.8 percent to 4.6 percent last month.

Powell's term is set to expire in early February, but former presidents have announced decisions on re-nomination by late summer or early fall.

The new NBC News poll comes days before the hotly contested Virginia gubernatorial race where Republicans are seeking to capitalize on Biden's lowering approval.

"No one got everything they wanted, including me," Biden said on Thursday. "But that's what compromises, that's consensus and that's what I ran on."