Inflation came in hotter than expected in January, and it may take a few more months to know if that was a fluke or if price increases are getting stickier. But one key part of the inflation picture ...
For December, retail sales were better than expected and initial jobless claims were at their lowest levels since September 2022. China’s annual gross domestic product growth rose in the fourth ...
The S&P 500 has rallied 7% from its October low. Declining inflation expectations support a view that the Fed has room to cut rates into 2024. Stocks can climb higher supported by tailwinds for ...
Once-rapid declines in rental prices are stalling out, a sign that high inflation could be here to stay. A new report published by Realtor.com shows that rents declined for the 10th straight month in ...
The consequences of Trump’s tariffs have begun to set in. Prices are rising as normal Americans shoulder the burden of Trump’s fiscal policy of spite, and his tariffs cause basic goods to become more ...
In September, the consumer price index increased 3.7% from 12 months earlier, the same rate as in August, according to the U.S. Bureau of Labor Statistics. The September rate was the most recently ...
A meme shared online in April and May 2024 accurately reported the profits of 15 corporations and accurately said these profits drove overall inflation up. Some of the net incomes the meme listed were ...
“Lots of Americans are upset about their grocery bills, which rose dramatically during the inflation that followed the pandemic and have never come back down,” notes The Free Press’ Madeline Rowley.
KUWAIT - JANUARY 15: A derek pumps in a oil field January 15, 2003 near the Saudi Arabian border, Kuwait. Kuwait produces 10% of the worlds oil and has promised to increase production as needed in the ...
Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Gao Shan/Xinhua via ...
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
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