On Monday’s “CNN Newsroom,” New Jersey Gov. Phil Murphy (D) stated that enhanced unemployment benefits might be one cause of labor shortages, one way that the shortage is being resolved is by increasing wages, which Murphy conceded “may be a
Price hike announcements are feeding fears that inflationary pressures may be stronger than anticipated.
The price of men’s suits have fallen by more than 20% compared with a year ago.
A big jump after months of the federal government’s massive fiscal response to the coronavirus pandemic.
The Consumer Price Index showed that prices for many goods and services ticked up a bit in June but no sign of rising inflationary pressure.
Margins were squeezed in June as the economy grappled with an unsteady reopening, rioting, and widespread social unrest.
Beef prices jumped 69 percent in May, according to the Producer Price Index.
The latest Producer Price Index data debunks the idea that tariffs have squeezed American consumers.
For the second month in a row, the survey of manufacturing businesses in New York came in better than expected.
Inflation has been slowing down for the last two months, suggesting that the Fed will not hike rates this year.
The biggest surprise: prices of materials for consumer goods are falling and business margins are improving.
A federal requirement requiring hospitals to post how much they charge for their services online will go into effect on January 1, 2019.
Prices of goods imported from China actually fell after new tariffs kicked-in.
There’s a mysterious category in PPI called “trade services” that might have created an illusion of inflation in October.
Farm deflation could pressure the Fed to back off on interest rates.
Still no signs that tariffs are a “tax on consumers.”
