Browsing: inflation
The share of people who withdrew from their 401(k) for financial emergencies surged to a record high in 2023 as…
Minimum wage hikes in many states around the country and sky-high inflation are crushing independent restaurants that don’t want to…
The Federal Reserve’s preferred metric to gauge inflation increased by 0.3% in January compared to 0.1% in the previous month,…
The producer price index (PPI) rose more than expected in January, confirming earlier concerns that inflation was running hot in…
The Bureau of Labor Statistics announced on Tuesday that inflation increased at a 3.1% annualized rate in January, despite widespread…
Price increases from inflation have created the largest gap since President Joe Biden took office for the amount Americans’ wages…
More investors are projecting a “no landing” scenario where inflation remains elevated but economic growth continues at its current levels…
Major U.S. stock indexes finished the day with huge losses as investors reacted to inflation data that cast doubt on…
Inflation ticked down in January year-over-year but nevertheless exceeded expectations as officials at the Federal Reserve continue to consider cutting…
Interest rate hikes to combat sky-high inflation under President Joe Biden have led the Federal Reserve to run over a…