Commentary President Joe Biden followed his raft of heavy-handed climate executive orders by announcing his loftiest goal yet: slashing U.S. carbon dioxide emissions in half by the end of the decade. Biden’s ambitious climate fantasy is doomed to fail—not only failing to reach his emissions target, but also failing utterly to make the slightest impact…
Biden’s 2030 Carbon Goal Will Fail—and Bankrupt America
Commentary President Joe Biden followed his raft of heavy-handed climate executive orders by announcing his loftiest goal yet: slashing U.S. carbon dioxide emissions in half by the end of the decade. Biden’s ambitious climate fantasy is doomed to fail—not only failing to reach his emissions target, but also failing utterly to make the slightest impact…
Spiking Energy Leads Wholesale Prices up 0.5 Percent in February
WASHINGTON—Energy prices continued to rocket higher in February, though overall wholesale prices moderated after a record jump in January. The Labor Department’s producer price index, which measures inflation before it reaches consumers, increased by 0.5 percent last month following a record jump of 1.3 percent the month before. Price increases slowed despite a 6 percent…
US Wholesale Prices Rose 0.5 Percent in February as Energy Costs Spike
WASHINGTON—Energy prices continued to rocket higher in February, although overall wholesale prices moderated after a record jump in January. The Labor Department’s producer price index, which measures inflation before it reaches consumers, increased by 0.5 percent last month following a record jump of 1.3 percent the month before. Price increases slowed despite a 6 percent…
US Air Travel Rises to Highest Levels Yet Since Pandemic Hit
Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. The Transportation Security Administration screened more than 1.3 million people both Friday and Sunday, setting a new high since the coronavirus outbreak devastated…
US Air Travel Rises to Highest Levels Since Start of Pandemic
Air travel across the United States is recovering more quickly from the depths of the pandemic, and it’s showing up in longer airport security lines and busier traffic on airline websites. The Transportation Security Administration screened more than 1.3 million people both March 12 and March 14, setting a new high since the coronavirus outbreak…
Icy Weather Sends Industrial Production Down 2.2 Percent Last Month
WASHINGTON—Industrial output fell sharply in February as severe winter storms battered much of the country, disrupting a wide range of manufacturing activities from autos to chemical plants. The expectation is that the drop will be temporary although there are concerns about growing global supply chain problems. The Federal Reserve reported Tuesday that industrial production fell…
February Retail Sales Fall 3 Percent After Soaring the Month Before
NEW YORK—Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores. Retail sales fell a seasonally adjusted 3 percent in February from the month before, the U.S. Commerce Department said Tuesday. The decline comes after retail sales soared in January as people spent $600…
February Retail Sales Fall 3 Percent After January Surge
NEW YORK—Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores. Retail sales fell a seasonally adjusted 3 percent in February from the month before, the U.S. Commerce Department said March 16. The decline comes after retail sales soared in January as people spent…
Nothing Says ‘America Is Back’ Like Taking Someone’s Job Away
Commentary Marty Jorgensen likes to fish for walleye, hunt for elk and deer, and give a pheasant a good chase every once in a while. He doesn’t just dabble in the great outdoors; he is the great outdoors. The 61-year-old Havre, Montana, native who grew up on a farming ranch said he cannot do any…
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