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Inflation

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Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
Finance
Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
By Christopher Rugaber and The Associated PressMay 1, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024
James Quincey is wearing a black coat over a dress shirt and gesturing as he speaks.
Retail
Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success
By Sasha RogelbergApril 30, 2024
Michaels
Retail
Michaels defies inflation, cutting prices on over 5,000 items, seeing ‘constant rollbacks’ for next 6 to 12 months
By Alex Vuocolo, Retail Brew and Morning BrewApril 30, 2024
people shopping at Ikea store
Retail
Exclusive: Ikea is rolling out its third round of price cuts in a year across thousands of products as it eases shoppers’ inflation pain
By Prarthana PrakashApril 30, 2024
Livable wages mean more expensive burgers as California fast-food chains hike menu prices
Retail
Livable wages mean more expensive burgers as California fast-food chains hike menu prices
By Sunny NagpaulApril 29, 2024
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
Personal Finance
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
By Christopher Rugaber and The Associated PressApril 29, 2024
Businessman looks at chart that says stagflation
Finance
It’s time to talk about the ‘dirty word’ on Wall Street as ‘whiffs of stagflation’ intrude on markets, chief strategist says
By Jason MaApril 27, 2024
Federal Reserve chair Jerome Powell
Finance
With inflation still high and economic growth slowing sharply we could be heading toward stagflation, a scenario ‘nobody is really prepared for,’ UBS exec says
By Paolo ConfinoApril 26, 2024
Raising children is way more expensive than most parents imagined—and more than half of all parents say they went into debt to pay for their kids, study shows
Success
Raising children is way more expensive than most parents imagined—and more than half of all parents say they went into debt to pay for their kids, study shows
By Chloe BergerApril 26, 2024
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
Finance
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
By Christopher Rugaber and The Associated PressApril 26, 2024
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
Finance
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
By Will DanielApril 25, 2024
Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
Finance
Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
By Alena BotrosApril 25, 2024
The economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’
Finance
The economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’
By Will DanielApril 25, 2024
A new Cold War is brewing at sea–and the West’s security and prosperity are at stake
Commentary
A new Cold War is brewing at sea–and the West’s security and prosperity are at stake
By Matan PeledApril 25, 2024
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Most Popular
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of livingplaceholder alt text
By Preston ForeJuly 4, 2026
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998placeholder alt text
By Nick LichtenbergJuly 3, 2026
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