Wholesale goods cause inflation to rise
Prices on wholesale goods are pushing inflation higher.
Prices on wholesale goods are pushing inflation higher.
Inflation is eating up more of Americans’ paychecks, according to Bureau of Labor Statistics Data released Friday, Nov. 21.
Experts say the prices of certain grocery items could go down after President Trump removed some tariffs on Brazilian goods Thursday, Nov. 20.
A key group of American borrowers is falling significantly behind on their car loans.
U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents.
Consumer attitudes worsened more than expected in April, casting further gloom over the economy as President Donald Trump’s tariffs set off warnings of price increases and a possible recession, fresh data on Tuesday showed.
Many kids love to dye eggs to celebrate Easter, but the record-high egg prices have people scrambling for an alternative to the popular past-time.
U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by the White House could disrupt that progress.
A boom in U.S. productivity may explain how inflation slowed amid a strong economy.