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Inflation

Consumer prices rose 0.4%, more than expected

by Adrian Jhonsan
Consumer prices rose 0.4%, more than expected

Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September, keeping inflation in the spotlight for policymakers. The consumer price …

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Categories World

Deflation is the anti-inflation. Here’s the September 2023 breakdown

by Adrian Jhonsan
Deflation is the anti-inflation. Here’s the September 2023 breakdown

Inverse Couple Images | Moment | Getty Images Consumers have been hearing a lot about inflation in the U.S. economy since early 2021. And rightfully so: At their pandemic-era peak, …

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Categories World

Getting to 2% inflation won’t be easy. This is what has to happen

by Adrian Jhonsan
Getting to 2% inflation won’t be easy. This is what has to happen

A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023. Mike Blake | Reuters In …

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Categories World

Biden takes credit for easing inflation, strong job market

by James Odonell
Biden takes credit for easing inflation, strong job market

U.S. President Joe Biden gives a thumb-up after delivering remarks on his efforts to curb so-called junk fees, from the Rose Garden at the White House in Washington, D.C., on …

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Categories Politics

Investors spooked by hot inflation report

by Adrian Jhonsan
Investors spooked by hot inflation report

People walk outside of the New York Stock Exchange (NYSE) on September 05, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is …

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Categories World

September CPI flat amid muted demand, PPI falls

by Adrian Jhonsan
September CPI flat amid muted demand, PPI falls

An undated editorial photo of Chinese yuan cash bills and the flag of the People’s Republic of China. Javier Ghersi | Moment | Getty Images China’s consumer prices were flat …

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Categories World

How U.S. soybeans influence global economics

by Milton Acorn
How U.S. soybeans influence global economics

Soybeans have become a cornerstone of American agriculture, contributing $124 billion to the U.S. economy in 2022, according to a study conducted by the National Oilseed Processors Association and the …

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Categories Science

Hawkish Fed? Hot PPI? Investors shrugged

by Milton Acorn
Hawkish Fed? Hot PPI? Investors shrugged

U.S. Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 20, 2023 in Washington, DC. Chen Mengtong | China …

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Categories Science

A recession may still be in the forecast. How you can prepare

by Adrian Jhonsan
A recession may still be in the forecast. How you can prepare

Shoppers along the Magnificent Mile shopping district in Chicago on Aug. 15, 2023. Jamie Kelter Davis | Bloomberg | Getty Images A recession has been in the forecast for much …

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Categories World

Investors shrugged off a hawkish Fed and hot PPI

by Adrian Jhonsan
Investors shrugged off a hawkish Fed and hot PPI

Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report …

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Categories World
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