inflation

Yellen: Russia’s Attack Could Keep Inflation High for Another Year
Yellen: Russia’s Attack Could Keep Inflation High for Another Year
March 11, 2022  |  Economy

Russia’s attack on Ukraine has upended the likelihood that high inflation will be leveling off any time soon.  “I think there’s a lot of uncertainty...

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Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
March 11, 2022  |  Retail

Food prices are soaring the quickest they have since the early ’80s. The U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released Thursday...

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Online Grocery Prices in US Jump 7.6% in February Excluding Delivery
Online Grocery Prices in US Jump 7.6% in February Excluding Delivery
March 10, 2022  |  Retail

The price of online grocery purchases across the U.S. jumped by a record-setting 7.6% in February compared to a year ago, and that’s without factoring...

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ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
ECB Ends Bond-Buying Program Early, Prepares for Interest Hikes
March 10, 2022  |  Economy

The European Central Bank (ECB) is ending its bond-buying program earlier than anticipated as it prepares for a possible interest rate increase later in the...

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Inflation Soars 7.9% to Another 40-Year High
Inflation Soars 7.9% to Another 40-Year High
March 10, 2022  |  Economy

Price hikes in gas, food and shelter led the way to 40-year record high inflation, with the consumer price index — a key indicator of...

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US Wage Growth Slows Slightly, Remains Historically High
US Wage Growth Slows Slightly, Remains Historically High
March 06, 2022  |  Economy

The wage growth in the U.S. slowed a little in February — though it was still at “historically high” levels, The Wall Street Journal reported...

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Chicago Fed Reserve President: Inflation, Higher Wages Will Challenge Small Businesses
Chicago Fed Reserve President: Inflation, Higher Wages Will Challenge Small Businesses
March 04, 2022  |  SMBs

Chicago Federal Reserve President Charles Evans on Friday (March 4) told CNBC that small businesses will likely take the brunt of ongoing inflation and higher...

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Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
March 02, 2022  |  International

The Russian wealthy class, attempting to avoid the plummeting value of the ruble, are buying luxury jewelry and watches to retain the value of their...

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Today in FinTech: Buckle up for the New FinTechIPO™ Index
Today in FinTech: Buckle up for the New FinTechIPO™ Index
February 18, 2022  |  IPO

In Today’s FinTech news, PYMNTS is introducing the FinTechIPO™ Index to give people an idea of how the firms within the index are performing, while...

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