Investors bet on the U.S. entering an era of sustained high inflation as Treasury yields spike, according to Reuters. The bond market has seen a surge in interest rates for…
The cost of auto insurance has skyrocketed following the COVID-19 pandemic, making cars even more unaffordable for average Americans. Factors like crime and traffic accidents are driving up the number…
Americans are justifiably unhappy with the state of the economy. The inflation figures for August took a turn for the worse—meaning, families have now lost $5,100 in purchasing power since…
The Federal Reserve announced a pause in hikes for its benchmark federal funds rate on Wednesday, keeping the rate at its highest level since 2001. The Fed’s decision not to…
“Inflation accelerated significantly again last month, demonstrating the crisis of runaway prices is still ongoing,” the president of the Job Creators Network says after a government agency reported that inflation…
Inflation rose significantly in August, marking the second month in a row that inflation has ticked up, according to the latest Bureau of Labor Statistics (BLS) release on Wednesday. The…
Small businesses in August were increasingly pessimistic about the economy as companies struggle with a tight job market and rising inflation, according to a survey from the National Federation of…
The Federal Reserve’s preferred method of tracking inflation went up in July, following a similar move by the Consumer Price Index (CPI), according to the Bureau of Economic Analysis (BEA).…