Inflation
The Latest
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Wholesale Inflation Surges, Casting Doubts on Fed Rate Cuts
The inflationary landscape in the United States continues to present challenges, as evidenced by the latest figures from the Department of Labor. January saw a notable uptick in wholesale prices, with the producer price index (PPI) rising by 0.3%, surpassing expectations and marking the most significant monthly increase since August. The inflationary landscape in the United States continues to present challenges, as evidenced by the latest figures from the Department of Labor. January saw a notable uptick in wholesale prices, with the producer price index (PPI) rising by 0.3%, surpassing expectations and marking the most significant monthly increase since August. -
Inflation's Comeback: Can the Fed Navigate the Rising Tide of Oil Prices?
As oil prices surge for the third consecutive week, the Federal Reserve, aiming for a soft landing for the U.S. economy, is once again haunted by the specter of inflation. As oil prices surge for the third consecutive week, the Federal Reserve, aiming for a soft landing for the U.S. economy, is once again haunted by the specter of inflation. -
Walmart 'Not Participating In A Recession, Will Keep Private Brands Priced Low
Walmart CEO Doug McMillon said he wants “to play a role in helping get prices down" Walmart CEO Doug McMillon said he wants “to play a role in helping get prices down" -
Fourth Stimulus Check Update: Will Your State Issue Aid In 2023?
A number of states authorized and sent out stimulus checks last year. A number of states authorized and sent out stimulus checks last year. -
Fourth Stimulus Check Update: Does High Inflation Mean Aid Is On The Way?
While increasing living expenses may stress cash-strapped consumers, they will not drive stimulus payments. While increasing living expenses may stress cash-strapped consumers, they will not drive stimulus payments. -
Yahoo Layoffs To Cut 50% Of Ad Tech Staff
On Thursday, the company informed its employees that 1,000 workers, or 12% of its entire workforce, would be let go On Thursday, the company informed its employees that 1,000 workers, or 12% of its entire workforce, would be let go -
U.S. Inflation Starting To Cool But Process 'Not Going To Be Smooth,' Fed Chair Says
The process of lowering inflation "has a long way to go," Federal Reserve Chair Jerome Powell warns The process of lowering inflation "has a long way to go," Federal Reserve Chair Jerome Powell warns -
U.S. Dollar Climbs As Inflation Risks Cool
Economies' inflationary pressures are now more manageable Economies' inflationary pressures are now more manageable -
Poor Demand In PCs, Smartphones Drops Samsung Profits To Record Lows
In a presentation to investors, Samsung confirmed that “mobile and PC demand was weak,” and its memory chip business had also suffered In a presentation to investors, Samsung confirmed that “mobile and PC demand was weak,” and its memory chip business had also suffered -
New IMF Forecast Increases Global Economy Growth By 2.9% In 2023
The change represents a 0.2 percentage point improvement from the IMF's previous forecast in October The change represents a 0.2 percentage point improvement from the IMF's previous forecast in October