CPI

Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
Latest CPI Data Finds Consumers Literally Spend More Bread to Buy Bread
October 10, 2024  |  Economy

In economics, there’s often a bifurcation when it comes to data — the difference between what the headlines tell us and what the wallet feels....

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Inflation Cools; Prices Still 22% Higher Than Before the Pandemic
Inflation Cools; Prices Still 22% Higher Than Before the Pandemic
May 15, 2024  |  Economy

April’s Consumer Price Index (CPI) data shows that inflation’s torrid pace is cooling, at least a bit. But one would be hard-pressed to think anything...

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Just in Time for Summer: Apparel and Dining Out Get More Expensive
Just in Time for Summer: Apparel and Dining Out Get More Expensive
April 10, 2024  |  Economy

We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta...

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Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
Reshaping the Future: Why Gen AI’s Creative Power Calls for Strategic Oversight
December 26, 2023  |  Artificial Intelligence

With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been...

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Inflation Slows but Food Still Eats Up Purchasing Power 
Inflation Slows but Food Still Eats Up Purchasing Power 
December 12, 2023  |  Economy

The grocery bill may increasingly be hard to swallow. The restaurant tab may make diners hesitant to reach for the check, and perhaps seek to...

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Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
October 11, 2023  |  Consumer Finance

Even as monthly grocery inflation eases, PYMNTS Intelligence reveals, consumers are feeling the weight of the past three years of price increases when they go...

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Foundational Models: Building Blocks for Generative AI Applications
Foundational Models: Building Blocks for Generative AI Applications
September 15, 2023  |  artificial intelligence

By Stefan Geirhofer and Scott McKinney Generative artificial intelligence (GenAI) refers to a category of machine learning models that, in response to a user’s input...

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Standard Deviation? Private Rule-Making Under the EU AI Act
Standard Deviation? Private Rule-Making Under the EU AI Act
September 12, 2023  |  Regulation

The proposed EU AI Act (AIA) is an omnibus piece of legislation. It aims to provide the world’s first “horizontal” regulatory framework for AI, not...

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Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
Ross Stores Taps Into Rising Consumer Desire for Budget-Friendly Nonessentials 
August 18, 2023  |  Retail

As inflation exerts its influence on consumer purchasing decisions, off-price retailers are benefiting.  Among the off-price retailers, TJX Companies has recently reported benefiting from the...

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