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 […]
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline spiked 39 cents over the past three weeks to $5.10 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price […]
WASHINGTON, D.C. — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term, acknowledged for the first time that high inflation and economic weakness overseas could thwart his efforts to avoid […]
WASHINGTON, D.C. — An inflation gauge closely tracked by the Federal Reserve surged 6.6% in March compared with a year ago, the highest 12-month jump in four decades and further evidence that spiking prices are […]
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