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For Democrats facing election in the upcoming midterms, inflation is a political thorn that digs into consumers’ budgets despite a concerted federal effort to combat the...
San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal...
As record inflation and recession talk stress out consumers, governments have struggled to figure out what, if anything, they can do. Some countries, including the U.S....
The Federal Reserve has a simple inflation fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across...
Speculation is that some investors have turned to bitcoin in order to protect their holdings from the impacts of hyperinflation. But what exactly does that mean?...
The seesawing price of lumber over the past two years has been a leading economic indicator. Here’s what the latest price slump means. Read More
The American consumer spent less in May than any other month this year, and spending actually declined when adjusted for inflation. Read More
No, you aren’t imagining things. Everything costs more than it did before, and these higher prices make it hard to balance the budget while saving and...
“This summer is definitely the worst we’ve ever had,” says the American Lifeguard Association. Read More
“Let the banks lend more,” World Bank head David Malpass told the U.S. Federal Reserve. Read More