Prices climbed 8.5% in March, compared to last year, amid growing fears of economic slowdown
This post was originally published on this siteInflation has proven to be one of the most blistering features of the covid economy, testing the White House and Federal Reserve
US consumer prices hit new 40-year high as Ukraine shock looms
This post was originally published on this site US consumer prices hit a new 40-year high last month as the world’s largest economy continued to be battered by a surge of inflation, which the fallout from Russia’s invasion of Ukraine is expected to worsen. The consumer price index (CPI) was...
Exxon to Continue Leaner Spending as Covid-19 Threat Lingers
This post was originally published on this siteThe Texas oil giant said it is sticking to decreased spending levels for years to come as the outlook for oil and gas demand remains murky while coronavirus-led economic risks persist.
