inflation

Consumer

Ikea Slashes Prices Amid Cooling Inflation

(Photo by Czapp Árpád on Pexels)

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

1 min read

(Photo by RDNE Stock project on Pexels)

Policy & Power

The War on Junk Fees Just Got Wider

The FTC made a big splash on Wednesday with an announcement that it’s planning new rules to stamp out “junk fees.”

1 min read
Photo by Itai Aarons on Unsplash

Power Corridor

Surviving the Roller-Coaster Ride that Is the U.S. Economy

The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.

3 min read
(Photo by Alex Simpson on Unsplash)

International Economics

Oil Leaps, Shekel Falls After Israel Declares War

Crude oil prices jumped to $89 a barrel as Hamas’s attack on Israel drove concerns of wider conflict across the oil-rich Middle East.

2 min read

Real Estate

Mortgage Rates Inch Toward 8% and Nobody’s Happy About it

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US mortgage rates have climbed past 7.5% — further tightening an increasingly impossible-to-crack housing market.

1 min read

(Photo Credit: Louis Hansel/Unsplash)

Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

Despite widespread monetary rain clouds pushing up the cost of beer and food, drinkers are showing up in record numbers to Oktoberfest.

1 min read
(Photo by Aditya Vyas on Unsplash)

Markets

The Market Might Be Losing its Mojo

On Tuesday, the S&P 500 and the Nasdaq 100 both sank to their lowest respective levels in three months. What has investors so anxious?

2 min read
(Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0)

Inflation & Prices

Pesky Oil Prices Are Messing With Fed’s Ability to Stick the Landing

Federal Reserve chair Jerome Powell has met his match in the ongoing fight against inflation: skyrocketing oil costs.

2 min read

Power Corridor

Fed Likely to Hold Steady on Rates, But Forecasts Key

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

The Federal Reserve prepares to share its projections. Economists predict a ‘ho-hum’ meeting, but 2024 election year looms.

3 min read

Power Corridor

U.S. Household Incomes Swallowed Up By Inflation

Americans’ inflation-adjusted annual median income fell in 2022 to $74,580.

1 min read
Photo by Daniel Dan on Pexels

International Economics

Latin American Countries Take the Lead in Whipping Inflation

2 min read
(Photo by Towfiqu barbhuiya via Unsplash)

Economics

High Inflation is Hitting Americans’ Retirement Optimism

2 min read

Inflation & Prices

Lower Inflation Isn’t Lifting Small Business’ Spirits

(Photo credit: Mike Petrucci/Unsplash)

1 min read

(Photo credit: Nick Fewings/Unsplash)

Economics

Inflation Stings the UK, Stalks the US

2 min read
Photo credit: Arnie Papp/Wikimedia Commons

Economics

Is Beyonce Responsible for Sweden’s Surprisingly High Inflation?

1 min read
(Photo Credit: Alexander Grey/Unsplash)

Economics

The Fed May be Winning its War on Inflation

2 min read

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