Core inflation spiked 2.9 percent over the last 12 months, essentially flattening wage gains that had edged into the last several months’ economic reports. The July...
Driven by spending at restaurants and on accommodations, U.S. consumer spending increased in June, setting the stage for a strong economy heading into the third...
Sizzle of the Week: Retail’s 2018 Rebound Retail has had a rough couple of years, as most players that aren’t Amazon have struggled to cross the digital, omnichannel chasm. On the...
The huge growth in online shopping is not only keeping inflation at bay, but it is throwing off how inflation is measured. The New York...
Though critics are saying Venezuela’s monetary overhaul will create chaos, the country’s president warned businesses not to slow operations during next week’s overhaul. According to...
Keep on truckin’ — if you can find the drivers. The Washington Post reported that the trucking industry, that linchpin of last-mile deliveries, is facing...
When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. “It’s...
It’s not a four-letter word, but a nine-letter word and it has a bit of shock effect anyway — particularly for investments: inflation. All eyes are currently on...
For the last several years, economists have been trying to crack the mystery of low U.S. inflation. Despite being ten years out of the financial...