They’re Not Done Yet: Inflation Up Again, Job Growth Down
Inflation in the United States rose slightly in October, with the consumer price index (CPI) increasing 0.2% year-over-year and 2.6% from the previous month, according … Read more
Inflation in the United States rose slightly in October, with the consumer price index (CPI) increasing 0.2% year-over-year and 2.6% from the previous month, according … Read more
ALLENTOWN, Pa. — Former President Donald J. Trump addressed supporters in Allentown, Pennsylvania, with a campaign message focused on restoring the “American Dream” and tackling … Read more
TRENTON, NJ – New Jersey residents feeling the struggle of purchasing common necessities such as groceries, gasoline, energy, clothing, and home goods can rejoice. The … Read more
TRENTON, N.J. — A majority of New Jerseyans are grappling with the relentless pressure of inflation, according to WalletHub’s 2024 Labor Day Survey. The survey … Read more
Politicians love to talk. But sometimes, they really love to stretch the truth. Take the recent case of New Jersey Democrat Congressman Josh Gottheimer. He’s … Read more
So, Kamala Harris just took a victory lap on the anniversary of the Inflation Reduction Act (IRA). And yeah, she’s hyped about it. Who wouldn’t … Read more
TRENTON, N.J. — New Jersey Governor Phil Murphy appeared on MSNBC, where he discussed the upcoming presidential election and the potential for Vice President Kamala … Read more
Vice President Kamala Harris’ re-election campaign, which has been touting a message of optimism and “good vibes,” is encountering skepticism from many Americans grappling with … Read more
TOMS RIVER, NJ (UPDATE) – The Toms River Township Council has voted on the first reading to move the 2024 township municipal budget on first … Read more
TRENTON, NJ – The cost of eggs, meat, olive oil, gasoline, electricity, natural gas, health insurance, car insurance, food, goods, building materials have all skyrocketed … Read more
TOMS RIVER, NJ – Facing across-the-board salary increases, double-digit increases in healthcare costs, global inflation, and the end of the American Rescue Plan’s federal funding, … Read more
Restaurant owners in California are collapsing under the weight of costly regulations in the state and widespread inflation, the Los Angeles Times reported Wednesday. A … Read more
New research released Monday from the Federal Reserve Bank of San Francisco shows that Biden is incorrect when he claims that companies marking up prices … Read more
TRENTON, NJ — Auto insurance rates in New Jersey are facing steep increases, driven by a combination of rising crime rates and economic challenges, according … Read more
The Federal Reserve’s preferred inflation gauge measured above expectations in March as the U.S. continues to see a surge in prices, among other concerning economic … Read more
Fox Business anchor Cheryl Casone pushed back Thursday on former Obama administration official Marie Harf’s attempt to blame companies for inflation. The Producer Price Index … Read more
By Howard Schneider WASHINGTON (Reuters) – Hot U.S. inflation data has put the Federal Reserve’s debate over a first interest rate cut on a potential … Read more
By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -The ranks of Federal Reserve officials saying there is no rush to cut interest rates … Read more
Fox News host Sandra Smith fact-checked President Joe Biden Wednesday following a video clip of remarks he made about inflation at the White House. Biden … Read more
NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector … Read more
By Michael S. Derby NEW YORK (Reuters) – Another two Federal Reserve officials on Friday added their voices to the wave of U.S. central bankers … Read more
Inflation is wreaking havoc on Americans’ wallets as they prepare to celebrate Easter. Prices on all goods have risen 18.5% since January 2021, when President … Read more
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though … Read more
Liberals are touting a new study linking climate change and inflation, but economists say that the real causes are more likely to be massive government … Read more
WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the … Read more
‘You Need To Check Yourself’: Fed Chair Warns Not To Dismiss Recent High Inflation Reports Will Kessler on March 20, 2024 Federal Reserve Chair Jerome … Read more
By Ann Saphir (Reuters) – U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a … Read more
‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say Will Kessler on March 16, 2024 President Joe Biden recently … Read more
MILWAUKEE (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she expects the cost of rental housing – the single largest contributor to inflation … Read more
Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever? Will Kessler on February 14, 2024 The Bureau of Labor Statistics announced … Read more
By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled … Read more
BERLIN/FRANKFURT (Reuters) – The European Central Bank has tamed the “greedy beast” of inflation, ECB policymaker Joachim Nagel said on Tuesday, in a departure from … Read more
(Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire … Read more
By James Davey LONDON (Reuters) – British grocery price inflation declined at a slower rate in January as the proportion of items purchased on promotion … Read more
ZURICH (Reuters) – The Swiss National Bank expects inflation to rise, Chairman Thomas Jordan said in an interview to be broadcast later on Monday. The … Read more
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank on Monday kept its monetary policy settings unchanged, as expected, in its first review of the … Read more
(Reuters) – Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report … Read more
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were … Read more
By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their … Read more
By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a … Read more
FRANKFURT (Reuters) – The European Central Bank left its key interest rate at a record-high 4% on Thursday and noted underlying inflation had continued to … Read more
TAIPEI (Reuters) – Some board members of Taiwan’s central bank noted “persistent” concerns about higher inflation and said more monetary policy tightening could not be … Read more
WASHINGTON (Reuters) – U.S. business activity picked up in January and inflation appeared to abate, with a measure of prices charged by companies for their … Read more
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada (BoC) is expected to keep its overnight rate on hold on Wednesday when it also … Read more
MEXICO CITY (Reuters) – Mexican headline inflation likely eased in the first half of January after ticking up for the past four consecutive half-month periods, … Read more
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.3% in December on a yearly basis, official data showed on Tuesday. The … Read more
TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on … Read more
By Jonathan Cable LONDON (Reuters) – It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, … Read more
By Alun John LONDON (Reuters) – Sterling traders are betting that sticky inflation will outweigh slowing retail sales when the Bank of England puts economic … Read more
By Samuel Indyk LONDON (Reuters) – European companies haven’t had such a low bar to clear in terms of earnings expectations in years, not least … Read more