Consumer Prices Continue to Surge as U.S. Inflation in January Rose to a 40-Year High of 7.5%

An unprecedented surge in U.S. inflation reached another four-decade high in January, accelerating to a 7.5% annual rate. On Thursday, the Department of Labor said the consumer-price-index – which measures what consumers pay for goods and services – reached its highest level since February 1982 when compared with January of the previous year. This topped […]

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UK Researchers: China’s COVID Response Will Make Them World’s Biggest Economy By 2028

A formidable economic consultancy firm in the UK is predicting that China will best the United States as the world’s largest economy before 2030. They cite China’s “outperformance” of the US through the COVID event that paralyzed the world economy. The Centre for Economics & Business Research (CBER), a London-based firm, said it is predicting […]

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