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 …
Consumer prices
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 …
LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering …
FIFA 2026 World Cup plan to cash in on high-end sports tourism
Football fans are seen at the Hamad international Airport ahead of the 2022 FIFA World Cup. Anadolu | Anadolu | Getty Images For consumers who are continuing to spend on …
Dow jumps 700 points, gold hits record, HSBC new CEO
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images This report is …
6 categories cheaper today than before pandemic
It’s the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has been 2% annual inflation. So when worldwide …
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers. Deflation measures how quickly prices are falling for a …
Inflation points to lower Social Security cost-of-living adjustment in 2025
A shopper scans coupons in a grocery store in Washington, D.C., on May 23, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images The pace of inflation is coming …
Here’s the inflation breakdown for June 2024 — in one chart
David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief for consumers’ wallets. The consumer price …