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U.S. Inflation

  • Fed’s Kashkari Open to Holding Rates Steady at Next Policy Meeting in June
    Fed’s Kashkari Open to Holding Rates Steady at Next Policy Meeting in June
    Minneapolis Fed President Neel Kashkari, a member of the central bank's rate-setting monetary policy committee, is open to pausing interest rates at the next policy meeting in June. He told the ...
    May 22, 2023BY Bryan Jung
  • Inflation Heats Up Despite Easing Supply Chain Pressures
    Inflation Heats Up Despite Easing Supply Chain Pressures
    U.S. inflation is heating up despite improvements in supply chain pressures. This comes as business activity in the ...
    February 22, 2023BY Bryan Jung
  • Americans Spending Nearly $400 More per Month Owing to Inflation
    Americans Spending Nearly $400 More per Month Owing to Inflation
    The elevated inflation rate is forcing U.S. citizens to spend hundreds of dollars a month extra than usual, ...
    December 15, 2022BY Naveen Athrappully
  • NTD Business (Dec. 13): FTX Founder Faces Criminal Charges; Nov. US CPI: Inflation Slows Down
    NTD Business (Dec. 13): FTX Founder Faces Criminal Charges; Nov. US CPI: Inflation Slows Down
    Disgraced former FTX CEO Sam Bankman-Fried has been arrested and charged for allegedly stealing his customer's money. There ...
    December 13, 2022BY Don Ma
  • Powell’s Double Challenge: A Slowing Economy and Vanishing Liquidity
    Powell’s Double Challenge: A Slowing Economy and Vanishing Liquidity
    Commentary The hawkish tone of Federal Reserve Chairman Jerome Powell on Aug. 26 was unequivocal. Powell's most important ...
    August 29, 2022BY Daniel Lacalle
  • Inflation-Weary Shoppers Hunting for Deals Are Turning to Cheaper Brands
    Inflation-Weary Shoppers Hunting for Deals Are Turning to Cheaper Brands
    More American consumers across the country are purchasing cheaper store brands at supermarkets due to rising grocery prices, ...
    July 25, 2022BY Bryan Jung
  • Mortgage Demand Sinks to 22-Year Low as Recession Fears Mount
    Mortgage Demand Sinks to 22-Year Low as Recession Fears Mount
    Mortgage applications in the United States decreased 6.3 percent for the week ending July 15 compared to the ...
    July 21, 2022BY Bryan Jung
  • Retail Sales Rose in June but Down When Inflation Is Taken Into Account
    Retail Sales Rose in June but Down When Inflation Is Taken Into Account
    U.S. retail sales rose 1 percent in June, largely due to higher prices for food and gas, led by ...
    July 16, 2022BY Bryan Jung
  • Fed Could Cut Interest Rates Early Next Year, Analysts Say
    Fed Could Cut Interest Rates Early Next Year, Analysts Say
    The U.S. bond market on June 29 moved to price in an anticipated move by the Federal Reserve ...
    July 1, 2022BY Bryan Jung
  • Inflation Is Causing More Americans to Be Nervous About Their Savings
    Inflation Is Causing More Americans to Be Nervous About Their Savings
    Rapidly rising high inflation rates are causing Americans to feel insecure about dipping into their emergency savings, according ...
    June 24, 2022BY Bryan Jung
  • US Mortgage Rates Rise to 5.78 Percent After Fed Rate Hike, in Biggest Jump Since 1987
    US Mortgage Rates Rise to 5.78 Percent After Fed Rate Hike, in Biggest Jump Since 1987
    U.S. mortgage rates jumped to 5.78 percent in the largest one-week increase since 1987, reported Freddie Mac on ...
    June 16, 2022BY Bryan Jung
  • Target Warns of Weaker Profits Due to Overstocked Stores and Inflation
    Target Warns of Weaker Profits Due to Overstocked Stores and Inflation
    Target announced in a June 7 press statement that its earnings would take a short-term hit, after marking down ...
    June 7, 2022BY Bryan Jung
  • Americans Are Cutting Vacation Plans Short Due to Rising Gas Prices and Inflation: Survey
    Americans Are Cutting Vacation Plans Short Due to Rising Gas Prices and Inflation: Survey
    Americans want to go on vacation this summer despite concerns about rising gas prices and inflation, according to ...
    June 1, 2022BY Bryan Jung
  • Inflation of US Housing Market Slows Down as Higher Mortgage Rates Shrink Demand
    Inflation of US Housing Market Slows Down as Higher Mortgage Rates Shrink Demand
    The rate of home price inflation in the United States is expected to decline to about 10 percent ...
    May 31, 2022BY Bryan Jung
  • Shares of Dollar Tree and Dollar General Rise as Inflation Pushes Shoppers to Find Bargains
    Shares of Dollar Tree and Dollar General Rise as Inflation Pushes Shoppers to Find Bargains
    Shares of Dollar Tree Inc. and Dollar General Corp. surged on May 26 after upbeat financial news for ...
    May 27, 2022BY Bryan Jung
  • Former Obama Economic Advisor Doubts a Recession Would Cure Inflation
    Former Obama Economic Advisor Doubts a Recession Would Cure Inflation
    There is rising concern in Washington that interest rate hikes by the Federal Reserve will spark a recession ...
    May 24, 2022BY Bryan Jung
  • Americans More Pessimistic on Economy, Biden Administration: Survey
    Americans More Pessimistic on Economy, Biden Administration: Survey
    Americans are increasingly pessimistic about the state of the economy and Joe Biden's presidency, according to a CBS News ...
    May 23, 2022BY Bryan Jung
  • Consecutive High Gas Prices Are ‘Unprecedented’ With Summer Season Around The Corner, AAA Says
    Consecutive High Gas Prices Are ‘Unprecedented’ With Summer Season Around The Corner, AAA Says
    U.S. gas prices have been climbing for the past 11 consecutive days in a row, amid the worse energy supply ...
    May 21, 2022BY Bryan Jung
  • Bernanke says the Fed’s slow response to inflation ‘was a mistake’
    Bernanke says the Fed’s slow response to inflation ‘was a mistake’
    The Federal Reserve’s slow response to the global inflation crisis "was a mistake," said Former Federal Reserve Chairman ...
    May 16, 2022BY Bryan Jung
  • Dollar Rally Accelerates Slide in Metals
    Dollar Rally Accelerates Slide in Metals
    Gold and other precious metals dropped on Thursday, with palladium shedding more than 8 percent, as investors flocked ...
    May 13, 2022BY Reuters
  • US Corporate Earnings Forecasts Weaken As Companies Review Inflation Risks
    US Corporate Earnings Forecasts Weaken As Companies Review Inflation Risks
    U.S. corporate growth expectations for the second quarter of 2022 are beginning to show signs of decline as ...
    May 9, 2022BY Bryan Jung
  • DeSantis Signs Historic $1.2 Billion Tax Relief Package That Benefits Families
    DeSantis Signs Historic $1.2 Billion Tax Relief Package That Benefits Families
    PUNTA GORDA, Fla.–Gov. Ron DeSantis signed a $1.2 billion tax relief bill on May 6 to help Floridians—especially ...
    May 6, 2022BY Jannis Falkenstern
  • DeSantis: Florida Is Ready if ‘Biden Plunges US Into a Recession’
    DeSantis: Florida Is Ready if ‘Biden Plunges US Into a Recession’
    Florida's Gov. Ron DeSantis said on May 3 he is concerned about the national economy as he fears ...
    May 4, 2022BY Jannis Falkenstern
  • US Home Prices Rose at Fastest Annual Pace on Record in March
    US Home Prices Rose at Fastest Annual Pace on Record in March
    U.S. home prices for the first quarter of 2022 continued to skyrocket with a record 20.9 percent year-over-year ...
    May 3, 2022BY Bryan Jung
  • 61 Percent of Small-Business Owners Fear Rising Inflation Will Cripple Them
    61 Percent of Small-Business Owners Fear Rising Inflation Will Cripple Them
    Over 60 percent of American small-scale employers are worried about inflation threatening their businesses with the highest prices ...
    April 22, 2022BY Bryan Jung
  • St. Louis Fed Chief Calls for Immediate Action on Rising Inflation
    St. Louis Fed Chief Calls for Immediate Action on Rising Inflation
    The president of the St. Louis Federal Reserve, James Bullard, called for a tougher approach to control skyrocketing inflation ...
    April 8, 2022BY Bryan Jung
  • JPMorgan Predicts That Global Commodities Prices May Rise by 40 Percent
    JPMorgan Predicts That Global Commodities Prices May Rise by 40 Percent
    Commodities prices could rise by 40 percent and will likely continue to go higher, according to a note ...
    April 7, 2022BY Bryan Jung
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    3hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    4hr By Jacki Thrapp and T.J. Muscaro
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    5hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    6hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    8hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    8hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    9hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    13hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    14hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    20hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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