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 that is related to what’s going on with Russia in Ukraine,” Treasury Secretary Janet Yellen told CNBC. “And I do...
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up the index has seen in a decade, and is considered another piece of evidence that...
It’s not a four-letter word, but a nine-letter word and it has a bit of shock effect anyway — particularly for investments: inflation. All eyes are currently on inflation in the U.S., which has been long-dormant, benign and perhaps even forgotten about as a factor in the markets....
The U.S. Supreme Court has requested the White House and the Trump Administration weigh in on whether it should hear Apple’s arguments as the company aims to avoid a class action lawsuit. According to the Reuters report, the case involves allegations that Apple inflated consumer...
December 10, 2023
Following a long battle with inflation, shoppers are discovering deals once more. As The Wall Street Journal notes in a report Sunday (Dec.10), the easing of supply constraints and an uptick in hiring in the manufacturing space has improved production and lowered prices. The report uses the example of Kendric Tonn, an Ohio artist, to illustrate […]
March 11, 2022
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 that is related to what’s...
August 13, 2018
Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July jump is the biggest pick-up...
October 11, 2017
The U.S. Supreme Court has requested the White House and the Trump Administration weigh in on whether it should hear Apple’s arguments as the company aims to avoid a class...