The financial market is a complex system influenced by a myriad of factors. One of the most significant factors that impact the market is inflation. Recently, the market has been
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
President Joe Biden has spent three and a half years buying votes with your money. Your taxes may not have gone up, because Biden hasn’t financed his spending with federal revenues so much as with money created out of thin air — which is to say, the cost of Biden’s spending spree has been rampant inflation which is still too […]
CHICOPEE, Mass. (WWLP) – The latest reports on inflation show as of March, consumer prices are continuing to increase, which means interest rates are likely not to be cut.
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
According to the American Diabetes Association, more than 8 million Americans use insulin, and now a cap on insulin production is impacting the nation including in the Las Vegas valley.
The increase this year, driven by geopolitical tensions and supply shocks,
Both staffing concerns and an ongoing mental health crisis are impacting the City of Richmond’s ability to fully operate the Marcus Alert system.
Prices are up nearly 19% across the board since President Joe Biden entered office, meaning households are suffering sticker shock even if the inflation rate has moderated in recent months. Inflation, as tracked by the consumer price index, rose to 3.5% for the year ending in March, the Bureau of Labor Statistics reported Wednesday. Overall, […]
New and used car prices have fallen, but car insurance costs have skyrocketed. The increases are being blamed on a variety of factors including complicated repairs, expensive components, and supply chain issues. A study suggests the average cost of full coverage jumped 24% last year. If your insurance rates have been climbing, you’re not alone as the U.S. Bureau of Labor Statistics revealed the Consumer Price Index rose 0.4% last month. Drivers were hit particularly hard as there were increases...
Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high pricesWe learned this week that the Consumer Price Index climbed 3.5% in March from a year earlier, up from 3.2% in February, and faster than most economists anticipated.This poses a conundrum for central bankers who have made it clear they want to see further evidence that inflation is cooling before they cut interest rates.Robert Reich, a former US secretary of labor, is a...
EE has announced a simpler price increase model that will come into force next year. It said that customers would be told of price increases in pounds and pence, and they wouldn't be inflation-linked.