Inflation

"(Republicans) want to talk down the recovery because they voted against the legislation that made it happen," the president said.

"There's just a lot of historical evidence Americans do not like inflation," said Brookings Institution economist Gary Burtless.

"The U.S.-Mexico border is so intertwined that whatever happens on the one of the sides is going to affect the other," said one migration analyst.

"We're seeing 2022 as being an improvement over 2021, but it's not going to start January third or fourth," said Phil Amsrud, an IHS Markit analyst.

The Turkish Statistical Institute published the staggering findings on Monday.

Meat prices have risen 16 percent from a year ago, with an especially high 20.9 percent jump in beef prices.

Automobile website Edmunds reported that the average cost of a used vehicle in November was $29,011, a 39 percent increase from November of 2020.

Most Americans approved of the president until late August, when a political see-change saw a majority disapproving for the first time.

The U.S. economy has grown faster this year than in any previous president's first year since Jimmy Carter, back in 1977.

"We estimate that inflation in 2021 will require the average U.S. household to spend around $3,500 more," a new study states.

Manny Duarte has a holiday light show in his front yard in Delaware with 24,000 LED lights costing an estimated $20,000 and is open to the public until Sunday.

Phoenix, Tampa and Miami led the U.S. housing market in October.

Holiday sales rose 8.5 percent this year compared to 2020, according to Mastercard SpendingPulse.

As Turkey faces an economic crisis, foreign tourists have been taking advantage of the lower prices, flooding into markets in the country for holiday shopping.

Inflation is at nearly a 40-year high, according to the latest data from the Labor Department.

For the housing market in November, the Midwest saw a quarter drop in home sales, but the West saw a 53.2% increase in sales and the Northeast saw a 15.6% rise.

The poll found 40 percent of adults in the U.S. describe the current economic conditions in the country as fair; 42 percent called economic conditions "poor."

There is a distinct possibility the Federal Reserve is about to hit a wall, and that its very constitutional underpinnings will soon come into question.

A poll conducted by the Associated Press and the NORC Center for Public Affairs Research found that many Americans are feeling the effects of inflation.

In France, the electricity price stood at €442.88 per megawatt hour (MWh) on Monday, the highest amount in Europe and its highest price since 2009.

The NASCAR driver writes for Newsweek about how he has been thrust into world of politics by inadvertently becoming a Republican catchphrase.

As a pro driver, I never expected to be in the passenger seat of my own viral moment.

The Biden admin said Sunday it will press Manchin "to see if he will reverse his position yet again, to honor his prior commitments and be true to his word."

The Senior Citizens League said another "emergency check could be a lifeline to a lot of people."

According to the Commerce Department, the average price of a home in October was a record $407,700, an increase of 18 percent from last year.

The poll for Fox News found that rising prices had caused financial hardship for two-thirds of Americans.

The Federal Reserve could increase interest rates as early as the first half of 2022 due to withdrawing monthly bond purchases at twice the speed it announced.

Retail spending increased by 0.3 percent in November, compared to the 1.8 percent rise in October, but experts are still confident in the holiday season.

"Inflation is real, it's not transitory. It's alarming.... And I think that should be something we're concerned about," the West Virginia Democrat said.

But Brian Moynihan remains concerned about the potential impact of inflation and supply-chain issues on the economy heading into the winter season.