BlackRock President Rob Kapito warned that a "very entitled" generation of young people would soon have to face shortages for the first time in their lives as some goods grow scarce because of rising inflation.

This is an article that I have been wanting to write for a while, because China is going to be such a central player in the global drama that is going to play out over the next few years. Since Joe Biden entered the White House, the deterioration of Chinese relations with the United States has accelerated. Meanwhile, Chinese relations with Russia have tightened, and that should deeply alarm all of us. Because now that war has started, many are deeply concerned that the U.S. could eventually find itself in a direct conflict with a Russian-Chinese alliance.

A massive homeless encampment in downtown Phoenix, Arizona, known as the “Zone,” raises eyebrows as the shelter’s population swells to more than 900 people.

Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.

Coming in at just over an hour (1 hour and 20 seconds, to be exact), President Biden's State of the Union was notably shorter than those of his immediate predecessors - both Barack Obama and President Trump, both of whom regularly delivered SOTUs that were longer than 70 minutes. It was also four minutes shorter than last year's address to a joint session of Congress.

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia’s invasion of Ukraine.

In these tough financial times, a new study finds it’s getting harder and harder for people to save any of their money. In fact, seven in 10 Americans say they’re living paycheck to paycheck.

Earlier today, I published an article called “Inflation Is The Kryptonite That Will End Our Decades-Long Monetary Policy Ponzi Scheme”.

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday.

Across the world, households are experiencing an exponential rise in food inflation.

A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.