Consumer prices
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Business
Stocks tumble as inflation forces a rethink of interest rate cuts
US stocks wobbled on Thursday after a lower-than-expected producer price index helped ease investor worries stemming from the epidemic. Consumer…
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Business
Fed should raise rates by 150 basis points: Wells Fargo
It’s a move that could trigger panic on Wall Street. But Michael Schumacher of Wells Fargo Securities thinks the Federal…
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Business
Inflation ‘collapsed’ will set off big stock market rally: Credit Suisse
Credit Suisse expects the Federal Reserve to pause rate hikes earlier than widely expected due to falling inflation. According to…
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Business
Inflation report could show CPI is moderating as fuel and commuting costs drop
A customer buys eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bells | beautiful…
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Business
Economist Stephen Roach warns US needs miracles to avoid recession
Negative economic growth in the first half of the year could be a harbinger of a much deeper recession that…
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Business
Peter Boockvar warns that recession is spreading
There may be no way out of the recession. According to investor Peter Boockvar, the latest reports on housing and…
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Business
High-end products take precedence as companies battle the cost of living
“As we make more premium beverages, it’s going to be harder for customers to replicate it at home, and we…
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Business
Inflation has caused more than a third of adults to use savings
New research shows that more than a third of adults in the US are using a savings account to help…
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Business
Social Security’s cost of living adjustment could be 9.6% in 2023
New government data shows signs that red-hot inflation is starting to cool. But Social Security beneficiaries may still have to…
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Business
Consumer prices rose 8.5% in July, less than expected as inflation pressures eased a bit
Prices consumers pay for a wide range of goods and services rose 8.5% in July from a year ago, a…
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