inflation

OP-ED | Power Corridor

The Fatalist U.S Consumer

Photo by Kleomenis Spyroglou on Unsplash

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

1 min read

(Photo credit: CDC/Unsplash)

Healthcare

Corporate America is Fretting the Rising Costs of Employee Healthcare

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

1 min read
(Photo by m. on Unsplash)

Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read
(Photo by Czapp Árpád on Pexels)

Consumer

Ikea Slashes Prices Amid Cooling Inflation

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

1 min read

Policy & Power

The War on Junk Fees Just Got Wider

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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
(Photo by Scott Webb on Unsplash)

Real Estate

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

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

1 min read

Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

(Photo Credit: Louis Hansel/Unsplash)

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

Power Corridor

Fed Likely to Hold Steady on Rates, But Forecasts Key

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
(Photo credit: Mike Petrucci/Unsplash)

Inflation & Prices

Lower Inflation Isn’t Lifting Small Business’ Spirits

1 min read

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