Tag: inflation
Have you changed your holiday shopping habits this year?
Shoppers have returned to shops and malls in encouraging numbers in recent weeks.
There are several likely reasons, including earlier than usual sales and a...
Wholesale inflation in U.S. further slowed in November to 7.4%
WASHINGTON (AP) – Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful...
Shoppers’ return buoys retail but challenges remain
The good news for brick-and-mortar retailers of all types is that, like the handshake, in-person shopping will survive COVID-19.
While plenty of pre-pandemic challenges remain,...
Biden sees economy avoiding recession, but risks remain
WASHINGTON (AP) – President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...
An inflation gauge tracked by the Fed slows to still-high 6%
WASHINGTON (AP) – A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October,...
U.S. revises last quarter’s economic growth up to 2.9%
WASHINGTON (AP) – Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the...
U.S. retail sales rose 1.3% last month, a sign of resilience
WASHINGTON (AP) – Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday...
U.S. wholesale inflation eases to 8%, 4th straight slowdown
WASHINGTON (AP) – Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign...
Inflation will stay despite election results
Soaring inflation was the top issue for a lot of voters heading into the midterms, with most saying Republicans would do a better job...
Will the Fed’s moves spark twin economic threats?
There is wide agreement among economists and market observers that the Federal Reserve’s aggressive interest rate hikes will cause economic growth to grind to...
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