Import prices aren’t adding much to inflation anymore thanks to a strong dollar
admin The numbers: The cost of imported goods rose just 0.2% in June — the smallest…
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Amazon slashes its private-label selection, considers exiting business under regulatory pressure
Amazon.com Inc. has started drastically reducing the number of items it sells under its own…
Read MoreMarkets are now pricing in 100% risk of a U.S. recession before year’s end: Deutsche Bank
Something big shifted in the market following Thursday’s U.S. consumer-price index report, according to George…
Read MoreChina’s commodities imports might be close to a bottom, but demand remains soft, says economist
China saw a sharp slowdown in its commodities imports in June as the economy saw…
Read MoreOil selloff puts crude near ‘inflection point’ as investors weigh inflation outlook
Crude oil is are near a “clear inflection point” after a selloff pulled the U.S.…
Read More`Peak inflation will have to wait’: Traders see three more 8%-plus CPI readings despite falling gas prices
“Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts…
Read MoreThe biggest monthly rent increase in 36 years is adding fuel to inflation fire
Rent prices are helping to fuel inflation, new government data shows, seeing their largest monthly…
Read MoreBiden touts falling gas prices, but it’s no cure for high inflation
President Biden called the worst U.S. inflation reading in almost 41 years “out of date”…
Read MoreWhite House highlighted ‘substantial declines in gas prices’ before latest inflation report
The Biden administration on Tuesday played defense before Wednesday’s much-anticipated reading on raging U.S. inflation,…
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Weekend reads: What you can do to counter high inflation
This week featured another batch of government reports underlining the high inflation Americans are suffering…
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