About 2,500 years ago, Sun Tzu said all warfare is based on deception. If the Chinese philosopher and military general were alive today, he’d most likely be a customer of Inflatech, a company in the Czech Republic that makes inflatable decoys that look like military vehicles. The inflatable armaments are designed to look like many…

Federal Reserve Chair Jerome Powell warned the Fed could accelerate rate hikes if evidence continues to point to a robust economy and persistently high inflation. Powell’s warning came during testimony in front of the Senate Banking Committee on the morning of Mar. 7. “The latest economic data have come in stronger than expected, which suggests…

Though Inflation slowed from its peak, the latest CPI numbers show monthly consumer prices rose by 0.5%, an alarming reminder that prices remain entrenched. Some economists acknowledge it could have been worse, and more, like Treasury Secretary Janet Yellen, agree that the fight against inflation “is not a straight line.” Straight Arrow News contributor Peter…

Senators on Capitol Hill reacted to the end of emergency COVID-19 allotments for the SNAP food program. Congress created the benefit to ease financial burdens during the pandemic, but they ended Feb. 28.  “Let’s get real about the struggles that many families face in America, whether it’s paying off a student loan, or putting bread…

Starting March 1, millions of Americans will have less money to buy groceries. Across 32 states, D.C., and some territories, some emergency food stamp benefits are coming to an end. For nearly three years, the Supplemental Nutrition Assistance Program (SNAP) has dished out congressionally-approved pandemic-era increases known as “emergency allotments.” With COVID-19 emergency aid now…

Nissan is recalling 809,000 small SUVs because a defect could cause the ignition to shut off while the vehicles are being driven. The recall covers certain Rogues from the 2014 through 2020 model years. The recall also affects Rogue Sports from 2017 through 2022. Nissan says the SUVs have jackknife folding keys that may not…

Investors were cheering over the last few months on signs that inflation was easing and deflation had arrived, but the most recent CPI numbers from the Bureau of Labor Statistics indicate the Federal Reserve’s path to tame prices will be anything but smooth. Some economists point to services inflation as inflation’s newest culprit, replacing supply…

Despite all of the economic tightening by the Federal Reserve to bring down inflation, the opposite happened in January, according to the latest data from the Bureau of Economic Analysis. The Personal Consumption Expenditures index, the Fed’s preferred inflation gauge, was up 5.4% from a year ago, a hair higher than December’s 5.3%. That December…

Former President Jimmy Carter, the longest-lived president in American history, is receiving end-of-life care at his home in Georgia. The Carter Center announced on Saturday that at 98 years old, he has chosen to spend his final moments in hospice with family rather than seek additional medical intervention, following several hospital visits. The statement said…

In March 2020, as the COVID-19 pandemic hit the U.S., the Federal Reserve injected money into the system by purchasing large quantities of Treasury bonds and mortgage-backed securities. In June 2022, the Fed began quickly reducing its $9 trillion bond portfolio in an attempt to rein in high inflation. Straight Arrow News contributor Peter Zeihan…