Americans' wages are finally outpacing inflation. But could it last?
US wages have been on the rise, but it sure hasn't felt like it. For more than two years, persistent and pervasive inflation has taken big bites out of Americans' paychecks.
2023-07-16 22:45
From inflation to mortgages: What last week's data says about the economy
Last week would have been an ideal week to go on vacation if you're an economist or, ahem, an economics reporter. That's because a boatload of new data was released.
2023-07-15 22:51
US import prices decline further in June
WASHINGTON U.S. import prices fell in June as an increase in the cost of fuels was more than
2023-07-14 20:47
US producer prices barely rise in June; core PPI subsides
WASHINGTON U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest
2023-07-13 21:25
Inflation fever is finally breaking. The Fed's soft landing may be in sight
If Fed Chair Jerome Powell were any less buttoned up, he'd be well within his rights to call a press conference, stride up to the lectern in a T-shirt and board shorts and say three words — "soft landing, jerks!" — before dropping the mic and walking out.
2023-07-13 19:58
Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
Inflation cooled for the 12th consecutive month in June, moving to 3% from 4% in May, according to the latest Consumer Price Index data from the Labor Department.
2023-07-13 03:47
Will cooling inflation help sell Bidenomics?
This weird post-pandemic, inflation-addled economy has been scrambling preconceived notions for years. And it is with that background that anyone should read this unquestionably good economic news: Inflation is unquestionably cooling.
2023-07-13 01:56
AI promises to make us more productive. That could help curb inflation
When an airline in the Middle East was recently inundated with 16,000 applications for several cabin crew roles, it turned to artificial intelligence to sift through the resumes and select the most promising candidates.
2023-07-12 21:29
Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:58
US inflation cooled in June for the 12th straight month
What a difference a year makes.
2023-07-12 20:47
US consumer prices rise modestly in June; core inflation slowing
WASHINGTON U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two
2023-07-12 20:46
Why the Fed wants a good inflation report — but not a good jobs report
When it comes to the job market, the Federal Reserve seems to want the latest data to bear bad news for the average American. But with inflation, the Fed is rooting for good news.
2023-07-12 05:27