December 3, 2022

Turkey Prices Set to Soar for Thanksgiving

Turkey prices are set to gobble up a bigger part of family budgets this Thanksgiving. Farmers are grappling with inflation, drought, and avian flu, which could drive prices higher as Thanksgiving approaches, Fox Weather reported Thursday. “There’s [sic] appears to be still some hangover from the avian influenza outbreaks that we had this spring, so…

Summers: We’re Going to Have to Replace Oil Released from SPR, Which Will Raise Prices

During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that while he agrees with the initial release from the Strategic Petroleum Reserve done by the Biden administration, he isn’t…

Oil Prices Hit New Highs Amid Texas Freeze

The deep freeze that has covered parts of Texas in ice and dropped temperatures into the single digits helped push the price of West Texas Intermediate crude above $60 a barrel for the first time in over a year. WTI crude futures gained 1.09 percent to hit $60.12 a barrel Monday morning, the first time…

Trump Touts Proposal to Lower Drug Prices.

“We are getting tough on the drug makers that exploit our patent laws to choke out competition,” President Trump said outside the White House Friday outlining his plan to lower prescription drug prices. “Our patent system will reward innovation,” he said. “But it will not be used as a shield to protect unfair monopolies.” The […]

Foreign Freeloading to Blame for High Drug Prices.

Americans are suffering pharmaceutical sticker shock. But the remedy Democrats are backing — price controls on prescription drugs — would inflict more harm by halting new discoveries and dooming patients waiting for cures. Since 1950, our increasing longevity — an amazing 10 extra years of life for the average American — has been mainly the […]

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