Nations move to tackle inflation, increasing risk to global economies
This post was originally published on this siteThere’s increasing risk that the Fed and other central banks that are implementing anti-inflation policies may adjust too slowly to a complex and fast-changing global landscape.
Baby formula shortage costing parents: ‘It’s a desperate situation for many families’
This post was originally published on this siteFamilies across the U.S. are dealing with the emotional, financial stress of the baby formula shortage.
California’s minimum wage is expected to rise to $ 15.50 below inflation
This post was originally published on this site LOS ANGELES – California’s minimum wage will rise to $ 15.50 an hour for employees in all companies, large and small, on January 1, 2023, under an automatic inflation trigger built into state law and never before activated, the governor’s office predicted...
Stock futures fall after inflation report
This post was originally published on this site Stock futures traded lower early Thursday morning after the latest CPI data showed inflation was still on the rise. Futures contracts linked to the Dow Jones Industrial Average lost 64 points, or 0.2%. S&P 500 and Nasdaq 100 futures fell 0.2%...
The Fed Needs to Get Real About Interest Rates
This post was originally published on this siteSugarcoating the outlook will only complicate its job and undermine its credibility.
Biden to address inflation as Republicans make it top issue in midterms
This post was originally published on this sitePresident Joe Biden will outline his efforts to fight inflation and lower consumer prices in a speech from the White House on Tuesday.
Gas prices are up again, putting Biden in a fresh bind
This post was originally published on this sitePresident Biden plans to lash out at Republicans as more bad economic news looms
States Turn to Tax Cuts as Inflation Stays Hot
This post was originally published on this siteTax reductions and rebates that are being proposed to help people cope could have the unintended effect of pushing prices higher.