grievances you know what time it money power politics and it was a mixed day for markets the Dow finished the day up just 56 points while the S &P slipped from recent highs tech stocks slumped and oil prices you guessed it surged as of today the average price for a A GALLON OF GAS STILL SITS AROUND $4 .50, THAT IS A LOT, AND THE PAIN OF THE PUMP IS FINALLY SHOWING UP IN OUR GOVERNMENT DATA, ACCORDING TO THE BUREAU OF LABOR STATISTICS, THE CPI, CONSUMER PRICE INDEX, ROSE NEARLY 4 % IN APRIL FROM A YEAR AGO. ...

US inflation accelerated in April on rising gasoline and grocery costs driven by the US-Israel war with Iran, exceeding wage growth in a double-whammy for already strained consumers. https://t.co/3591LRlPt9 ...

RT The Kobeissi Letter (@KobeissiLetter)While April CPI inflation rose to 3.8%, inflation is much higher in many basic necessities:1. Energy Commodity Inflation: +29.2%2. Gasoline Inflation: +28.4%3. Airfare Inflation: +20.7%4. Energy Inflation: +17.9%5. Electricity Inflation: +6.1%6. Fruits and Vegetables Inflation: +6.1%7. Hospital Services Inflation: +5.5%8. Motor Vehicle Repair Inflation: +5.1%9. Apparel Inflation: +4.2%This has driven cumulative inflation since 2020 to +29%, meaning goods that cost $10 ...

No surprises here. The headline CPI month over month increased 6/10 of a percent as forecast after a 9/10 move last month. The core CPI year on a month over month basis is up 4/10.That is stronger than was expected. So for the year we have CPI up 3.8% and the core up 2.8%. That's the highest CPI for year over year since 2022 I believe.And it is also more than anticipated. It's a jump of half a percentage point. Where's that upside surprise come from uncle.Well right now it looks like it's coming from a coup ...

US inflation continued to accelerate in April amid an ongoing climb in gasoline prices driven by the Iran war https://t.co/icbCPbOR8p ...

RT Drop Site (@DropSiteNews)⛽️ Iran War Has Cost American Consumers Over $35 Billion in Extra Fuel Costs, Brown University Tracker ShowsAmerican consumers have paid more than $37 billion in additional gasoline and diesel costs since the war with Iran began on February 28, according to a real-time tracker developed by Brown University’s Watson School of International and Public Affairs.The tracker, led by researcher Jeff Colgan, compares current fuel prices against a projected pre-war baseline. The national ...

US President Donald Trump has mounted a new push to tackle affordability, taking aim at beef and gasoline amid surging consumer prices that may threaten his party’s hold on Congress https://t.co/1iVSGGB2jr ...

I WANT TO BRING IN MSNOW'S LAURA HAFLEY AND VETERAN FINANCIAL JOURNAST AND MSNOW BUSINESS ANALYST, RON INSANA. SO, RON, HIGHER GAS PRICES, HIGHER FERTILIZER PRICES. WE'RE NOT TALKING ABOUT LUXURIES WE'RE TALKING ABOUT PUTTING FOOD ON THE TABLE.JUST HOW BAD COULD THIS GET. WELL, WITH RESPECT TO FOOD PRICES, IT'S HARD TO KNOW EXACTLY WHERE IT GOES, CHRIS, BECAUSE IT'S OBVIOUSLY THE COST OF TRANSPORTATION PUSHES UP THE COST OF FOOD THAT'S DELIVERED TO GROCERY STORES AND THEN THERE'S THE FERTILIZER ISSUE IN THE ...

RT Anas Alhajji (@anasalhajji)Tragic but predictable: South Korea imposed communist-style price controls on gasoline… and gas stations started closing. Shortages incoming.Price controls never work ...

RT AlexZwitter (@AlexZwitter2)Iran’s Persian Gulf “toll” adds ~2.4¢ per gallonThat’s ~4% of what USA gang’s writ large steal per gallon - 55.8¢. The USA gang’s writ ‘tax” >23 times the “toll”:Iran’s Persian Gulf “toll” adds ~2.4¢ per gallon to all products produce from crude oil, including road vehicle fuels:Iran has been asking up to ~$2M per vessel (reports vary & the fee depends on ship type, cargo & conditions)A typical Very Large Crude Carrier (VLCC) carries ~2M barrels of oil. $2M Toll for a VLCC = $1 ...