Money & The Economy

Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices |

American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census Bureau announced Wednesday. Retail sales grew…

4 years ago

Oil and Gas Prices Have Peaked, But Inflation Will Continue

The good news is that oil and gas prices have peaked. The bad news is that inflation will continue to…

4 years ago

Wholesale Price Inflation Reaches Double Digits

The Producer Price Index (PPI), which measures the prices suppliers charge businesses and other customers, surged 0.8% on a month-over-month…

4 years ago

Central Bank Expected To Raise Interest Rates Wednesday

The Federal Reserve is expected to raise interest rates after its meeting Wednesday to combat the country’s soaring inflation, Axios…

4 years ago

Inflation at 7.9% — But the Worst Is Yet to Come

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for February. Prices rose by 0.8% for the…

4 years ago

New US Solar Panel Installations Set To Crater Thanks To Inflation, Supply Chain Issues

Solar panel installations are set to decrease in 2022 off of major supply chain issues and rising prices caused by…

4 years ago

New Weekly Jobless Claims Tick Up By 11,000

The number of Americans who filed new unemployment claims increased by 11,000 to 227,000 in the week ending March 5,…

4 years ago

Inflation Soars To Another Four-Decade High

The Consumer Price Index (CPI) increased 0.8% in February, bringing the key inflation indicator’s year-over-year increase to 7.9%, the U.S.…

4 years ago

Toilet Paper Prices Soar As Companies Shrink Roll Sizes

The price of toilet paper has soared as producers shrink the size of rolls to increase revenue amid surging costs,…

4 years ago

Labor Crunch: Job Openings Remain Near Record High

Job openings in the U.S. remained near their record high while the number of Americans who quit their jobs remained…

4 years ago