Wells Fargo’s finance chief has a gloomy prediction for the U.S. economy. “It’s going to get worse as we go throughout the year,” said Mike Santomassimo,...
Inflation data — though a cooling down is evident — shows Main Street small businesses’ price hikes are sticking. At least for now. But the...
Falling food and fuel prices pulled the annual inflation rate to a 14-month low of 6.5%. This, as the December Consumer Price Index report from the Bureau...
For the fourth consecutive month, inflation slowed in October and while the market reaction happened instantly, data and history suggest the consumers’ response will be...
The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...
People are thinking twice before opening their wallets as inflation continues to run rampant, devouring retail sales in most categories last month and aligning with...
Core inflation hit its highest pace since 1982 in September, with more people living paycheck to paycheck and struggling to stay on top of bills....
While rising food prices have many consumers, by their own reports, eating out less often, data on their spending suggests that when they do dine...
As food prices continue to skyrocket, restaurants are letting their margins take the hit, keeping price increases comparatively low to prevent trade-down and keep visits...