Why egg prices may soon ‘flirt with record highs’: supplier
A customer walks by a display of fresh eggs at a grocery store on Sept. 25, 2024 in San Anselmo, California. Justin Sullivan | Getty Images It’s déjà vu for …
Inflation
Inflation’s still high — but so is the stock market
Guests take a factory tour during AriZona Iced Tea’s “AriZonaLand” Grand Opening on September 19, 2024 in Edison, New Jersey. Roy Rochlin | Getty Images Entertainment | Getty Images This …
Inflation’s hot, but so are markets this year
Employees work at stations on the factory floor of Vanson Leathers, in their New Bedford factory, on Sept. 26. Lane Turner | Boston Globe | Getty Images This report is …
Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices
President-elect Donald Trump admitted in an interview with Time magazine that it will be difficult for him to reduce consumer prices, contrary to statements he made on the campaign trail …
Producer price index November 2024
A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported …
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump is going to push inflation back down to a more …
Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers. The consumer price index showed a 12-month inflation …
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could provide clues on the pace of …
Economists ‘really had it wrong’ about recession: market strategist
David Zervos, Jefferies Scott Mlyn | CNBC The Federal Reserve is expected to cut interest rates by another quarter point at the conclusion of its two-day meeting next week. “Two …
The CPI report Wednesday is expected to show progress on inflation has hit a wall
A man shops at a Target store in Chicago on November 26, 2024. Kamil Krzaczynski | AFP | Getty Images A key economic report coming Wednesday is expected to show …