RALEIGH — Parents finding some sticker shock while shopping for school supplies this year as inflation under the Biden Administration has hit a forty-year high of 9.1%. According to the world’s largest retail trade association, […]
WASHINGTON, D.C. — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that […]
WASHINGTON, D.C. — With inflation raging near its highest level in four decades, Congress gave final approval to President Joe Biden’s landmark Inflation Reduction Act last week. Its title raises a tantalizing question: Will the […]
NEW YORK — To understand the impact of surging inflation on this year’s back-to-school spending, look no further than children’s rain boots with motifs like frogs and ladybugs made by Washington Shoe Co. Spending held […]
RALEIGH — Thirty-seven percent of small business owners reported that inflation was their single most important problem in operating their business, an increase of three points from June and the highest level since the fourth quarter […]
WASHINGTON, D.C. — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades […]
Rising prices can feel impossible to manage if money is already tight. To stay afloat, prioritize essential expenses that enable you to live and work. If you can’t cover those bills, seek support through programs […]
It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In […]
Your budget isn’t the only avenue to free up money as prices continue to rise due to inflation. The credit cards in your wallet may be packing some valuable perks and potential breathing room to […]
WASHINGTON, D.C. — The costs of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices […]
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