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Tag: Inflation

High inflation has many Americans tweaking their holiday travel plans

D3sign | Moment | Getty ImagesTravelers are shifting their holiday getaway plans to avoid busting their budgets amid high inflation, based on a recent...

August PCE Inflation Data Shows Prices Are Stubbornly High

The Federal Reserve’s preferred inflation gauge remained elevated in August, data released on Friday showed, further evidence that the central bank is contending with...

Fed Vice Chair Brainard warns against retreating from inflation fight prematurely

U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to function vice chair of the Federal...

Consumer prices — a key inflation gauge — hotter than expected in August

A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the danger...

Inflation in Germany hits double-digits for first time in 70 years as recession fears grow

The publication of the most recent figures got here as Chancellor Olaf Scholz announced plans to cap energy prices into 2024.

Cracker Barrel losing customers 65 and older during inflation

Cracker Barrel blamed inflation for a drop in silver-haired customers on the country-themed chain as rising prices took a much bigger bite out of...

Inflation Has Hit Tenants Hard. What About Their Landlords?

Geography also matters. Even amongst the most important landlords, those with a presence in Sun Belt cities corresponding to Miami, Tampa, Nashville and Phoenix...

Inflation May Save You Money on Your Taxes

“If it wasn’t adjusted, they might say, ‘What the heck happened on my tax return?’” he said. “That’s a giant tax increase.”To avoid bracket...

How the Automobile Market Is Shedding Light on a Key Inflation Query

In a recent speech pointedly titled “Bringing Inflation Down,” Lael Brainard, the Federal Reserve’s vice chair, zoomed in on the car market as a...

Costco to maintain $1.50 hot dog-and-soda combo ‘without end’ despite inflation: exec

A top Costco Wholesale executive confirmed the big-box retailer has no plans to vary the worth of its $1.50 hot dog-and-soda combo at its...

US should fight inflation with ‘increased immigration’

Hedge fund billionaire Bill Ackman argued that the US should open its doors to “increased immigration,” saying such a shift in policy can be...

The Fed Intensifies Its Battle Against Inflation

Federal Reserve officials, struggling to contain probably the most rapid inflation in 40 years, delivered a 3rd big rate increase on Wednesday and projected...

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