inflation
inflation Articles
Wednesday brings the monthly consumer price index report, the weekly U.S. oil inventories report and the continuing inflation saga.
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This week's dump of economic data is not quite finished. Payroll data is due Friday, but so far, the week's economic news has been good for stocks.
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Incomes have been on the rise in the United States for well over a decade. Since 2010, the typical American household’s earnings climbed between 0.9% and 6.1% annually. Still, in recent years,...
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Consumer spending has been driving the GDP growth. But that spending may be about to come to a screeching halt.
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Gold buying by central banks reached its highest level in 55 years this February 2023, according to the World Gold Council. The uptick in gold buying is part of a decades-long shift away from the...
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On July 26, the Federal Reserve increased its benchmark interest rate by a quarter of a point, to a range of 5.25% to 5.5%, making it more expensive to borrow money for everything from business loans...
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The last time federal lawmakers mandated an increase to the nation’s minimum wage, President George W. Bush was in office, Apple released the first iPhone, and Beyoncé’s “Irreplaceable” was...
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A Domino’s pizza in India reportedly costs 60 cents.
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It has been a year since the price of regular gasoline reached a high of about $5 for the first time. Despite concerns that it would remain at that level due to high oil prices, it eventually...
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The Federal Open Market Committee is expected to pause its interest rate hikes, inflation is settling down (sort of) and oil demand is coming closer to a peak.
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Now that the debt ceiling crisis is in the rear-view mirror, investors can prepare for the FOMC meeting that convenes in 10 days. Will the Fed pause its rate hikes? What happens if it does?
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The Bureau of Labor Statistics released the consumer price index for April. The results were a surprise. After over a year of relatively high inflation, the pace slowed considerably. Consumer prices...
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The Bureau of Labor Statistics released the consumer price index for April. The results were a surprise. After over a year of relatively high inflation, the pace slowed considerably. Prices in April...
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Food inflation continued to be one of the fastest-growing categories in the latest consumer price index summary from the Bureau of Labor Statistics. Food prices have increased 8.5% in the 12 months...
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The rising cost of shelter has been one of the major components contributing to the current surge in inflation that began around the middle of 2021. According to the recent consumer price index...
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