Inflation - Bert Martinez

September 14, 20230Comments

Online prices plunge by the most in three years

Online shoppers were greeted by rapidly falling prices in August, marking another positive sign in the fight against inflation. E-commerce prices tumbled by 3.2% year over year in August, Adobe Analytics

by Janice Thompson

Budget

Business

Inflation

September 13, 20230Comments

Here’s what got cheaper and what got more expensive at grocery stores last month

As overall US inflation heated up last month, consumers got some relief at grocery stores. Grocery price increases in the United States slowed down in August, up just 0.2% for the month. That’s

by Janice Thompson

Inflation

August 14, 20230Comments

Florida is now America’s inflation hotspot

Florida is America’s inflation hotspot because of a persistent problem with sky-high housing costs. The Miami-Fort Lauderdale-West Palm Beach area has the highest inflation rate of metro areas with more than

by Janice Thompson

Inflation

July 29, 20230Comments

Fed’s inflation gauge cooled in June

A key price gauge fell in June even as consumer spending advanced, pointing to a possible “soft landing” for the economy — in which successive interest-rate hikes slow inflation without

by Adam Lee

Inflation

Strike

July 21, 20230Comments

UPS strike would boost inflation

Two key challenges to the health of the U.S. economy could intensify if 340,000 UPS workers walk off the job. The annual rate of inflation, which the Federal Reserve has

by Janice Thompson

Economy

Inflation

July 14, 20230Comments

Consumer sentiment rises sharply

Americans are losing their inflation jitters, driving a gauge of consumer sentiment to its most bullish level since September 2021. The University of Michigan’s preliminary index for July shot up

by Janice Thompson

Holiday

Inflation

July 4, 20230Comments

Inflation Fuels Spending on Independence Day Cookouts

What are your holiday weekend plans? 🎇 According to the National Retail Federation, 87% of #consumers plan to celebrate the Fourth of July in 2023 and spend an average of $93.34 on #food items, up

by Janice Thompson

Commodity

Inflation

July 3, 20230Comments

Inflation won’t dampen July 4

Americans will be spending an average of $93.34 per person on food items for Fourth of July cookouts, barbecues and picnics this year, says Axios, citing a National Retail Federation

June 30, 20230Comments

Inflation gauge shows surprise drop

A key measure of inflation dropped unexpectedly in May, suggesting successive interest-rate increases by the Federal Reserve are working to slow the rapid rise in consumer prices since last year.

by Adam Lee

Inflation

June 22, 20230Comments

Fed chair hints at more rate hikes

The Federal Reserve on Wednesday reasserted its mission to fight inflation, with Chair Jerome Powell saying that the central bank will likely soon return to raising interest rates. “Getting inflation

by Adam Lee