Month: August 2023

The Fed’s Favorite Inflation Measure Just Ticked Back Up

Iowa Star Staff Reporter

The Federal Reserve’s preferred method of tracking inflation went up in July, following a similar move by the Consumer Price Index (CPI), according to the Bureau of Economic Analysis (BEA).

The Personal Consumption Expenditures (PCE) price index rose 0.2% for the month of July, culminating in a 3.3% rise for the year in the Fed’s preferred measure of inflation, up from 3.0% year-over-year in June, according to BEA data. The CPI, which is another measure of inflation, rose 3.2% in July, up from 3.0% in June year-over-year.

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Newt Gingrich: House GOP Should Broaden Biden Investigation to Include Hillary Clinton and Obama

Just the News

Former House Speaker Newt Gingrich says that Republicans in the House should expand their Biden investigation to look into other Democrat politicians such as former President Barack Obama and former Secretary of State Hillary Clinton.

“There’s, I think, a second reason for dramatically broadening the investigation,” Gingrich said on the “John Solomon Reports” podcast. “I’m working now on a series of articles for the American Spectator – making the case that this is really about the weaponization of government, the collapse of the rule of law and its replacement by the rule of power. And that really involves three principles. It involves Barack Obama, Hillary Clinton, and Joe Biden.”

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Michigan Police Memos Raised Concern About Possible Nationwide Voter Registration Fraud Scheme

Just the News

Michigan authorities suspected there was a possible voter registration fraud scheme occurring across multiple states during the 2020 election and were concerned enough to bring in the FBI, according to police memos reviewed by Just the News. But what happened since remains mostly a mystery.

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Trump Can’t Be Barred from Arizona’s 2024 Ballot, Says Democratic Secretary of State

Admin

The Hill Arizona Secretary of State Adrian Fontes (D) said he does not have the ability to bar former President Donald Trump from running for president in his state Wednesday. There have been calls to bar the former president from being able to run in 2024 related to language in the 14th amendment where it states those who “have engaged in…

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Consumer Confidence Hits Near-Recession Low

Iowa Star Staff Reporter

The latest index of U.S. consumer confidence fell to a new low in the month of August, hitting levels that would normally indicate a coming recession.

As Breitbart reports, the Conference Board confirmed on Tuesday that the index fell to 106.1 in August, down from 114 in July. Economists had originally projected that it would rise to 116.6, and had predicted that July would reach 117.0.

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