inflation
inflation Articles
Since the financial safety net Social Security became law in 1935, Americans have used its benefits as a basis for helping to plan for their retirement. But income from the program doesn’t go very...
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Efforts by the Federal Reserve Bank to tame inflation appear to be working. After climbing to a 41-year high of 9.1% in June of 2022, the rate on the closely watched consumer price index dropped to...
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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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