Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty Images Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years. While many areas of …
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Business betting on Trump win, c-suite advisor says
Republican presidential nominee, former U.S. President Donald Trump gives a speech during a campaign rally at Harrah’s Cherokee Center in Asheville, North Carolina, United States on August 14, 2024. Anadolu …
Retail sales July 2024:
Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported Thursday. Advanced retail sales accelerated 1% on the …
Alaska Airlines flight attendants reject new contract
An Alaska Airlines Boeing 737-900ER aircraft on the tarmac at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Monday, Jan. 22, 2024. David Ryder | Bloomberg | Getty Images …
Here’s the inflation breakdown for July 2024 — in one chart
d3sign | Moment | Getty Images Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and …
Annual inflation rate slows to 2.9%, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table …
Wednesday’s CPI report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: Walmart The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department releases the …
Three-year inflation outlook hits record low in New York Fed consumer survey
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City. Spencer Platt | Getty Images Consumers grew more confident in July that inflation will …
59% of Americans wrongly think U.S. is in a recession, report finds
Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Gabby Jones | Bloomberg | Getty Images We are not in a recession “Right now …
Producer price index July 2024:
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates. The producer price index, which …