Tag: inflation
U.S. inflation hit 8.3% last month but slows from 40-year high
WASHINGTON (AP) – Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still...
U.S. added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) – America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages,...
How concerned are you that ongoing stock market volatility punctuated by...
After several down sessions the Dow Jones industrial average closed up 932 points, or 2.8%, on May 4. The S&P 500 jumped 3% and...
Fed raises key rate by a half-point in bid to tame...
WASHINGTON (AP) – The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by...
Key inflation gauge jumped 6.6% in March, most since 1982
WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve jumped 6.6% in March compared with a year ago, the highest 12-month...
U.S. consumers still confident in April, but slightly less so
WASHINGTON (AP) – U.S. consumer confidence dampened slightly in April but remains high even as inflation continues to cloud their optimism about the rest...
Report: Small businesses concerned over inflation, supply chain issues, labor costs
PROVIDENCE – Inflation, supply chain issues and labor costs are top of mind for small-business owners, according to a new survey, released Monday by...
Modest-income buyers being priced out of new-vehicle market
DETROIT (AP) – Two years after the pandemic tore through the economy, America's auto market looks something like this: Prices are drastically up. Supply...
Producer prices surge 11.2% in March on higher energy costs
WASHINGTON (AP) – The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year earlier — another sign...
U.S. inflation jumped 8.5% in past year, highest since 1981
WASHINGTON (AP) – Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing...
