Category Archives: Economy Inflation

SMBs Face Inflation Troubles, As Consumers Reduce Spending

SMBs Face Inflation Troubles, As Consumers Reduce Spending by Laurie Sullivan , Staff Writer @lauriesullivan, September 17, 2024 Holidays have become the most stressful time of the year for small and medium-sized businesses, not just consumers. Pressures around inflation and the state of the economy are causing concern for small business owners ahead of the upcoming … Continue reading SMBs Face Inflation Troubles, As Consumers Reduce Spending

Fed’s favored inflation indicator shows price increases remained low in July

August 31, 2024 Fed’s favored inflation indicator shows price increases remained low in July Friday’s figures underscore that inflation is steadily fading in the U.S. after three painful years of surging prices having hammered many families’ finances. BY Associated Press An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend … Continue reading Fed’s favored inflation indicator shows price increases remained low in July

Inflation cools for the fourth straight month, paving the way for interest rate cuts

July 11, 2024 Inflation cools for the fourth straight month, paving the way for interest rate cuts The latest inflation readings will likely help convince the Fed’s policymakers that inflation is returning to its 2% target. BY Associated Press Inflation in the United States cooled in June for a third straight month, a sign that the … Continue reading Inflation cools for the fourth straight month, paving the way for interest rate cuts

Will inflation meet the 2% target? The Fed needs more time to figure it out

May 13, 2024 Will inflation meet the 2% target? The Fed needs more time to figure it out Jerome Powell said that the Fed was not yet confident that inflation was returning to its 2% target. BY Associated Press The sharp interest rate hikes of the past two years will likely take longer than previously expected … Continue reading Will inflation meet the 2% target? The Fed needs more time to figure it out

Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards

Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards by Laurie Sullivan  @lauriesullivan, April 11, 2023 Cash-back apps make it easy for shoppers to earn rewards and for retailers to build relationships. Rakuten, which partners with thousands of stores, makes it free to join the program. Consumers can make an eligible purchase with the … Continue reading Rakuten Sees Benefits From Inflation, Consumers Turning To Cash-Back Rewards

What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

  By Josh Boak—Associated Press January 19, 2023 The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are raising alarms about whether the United States can sidestep a potential economic crisis. The Treasury Department on Thursday said in a letter to congressional leaders it has started taking … Continue reading What are ‘extraordinary measures’? Treasury says debt ceiling reached, default possible

Inflation-Related Articles Take Backseat To Gift Giving, Data Shows

Inflation-Related Articles Take Backseat To Gift Giving, Data Shows by Laurie Sullivan  @lauriesullivan, November 25, 2022 People are reading less about inflation and more about gift guides and discounts on publisher sites as the holidays move into full swing, according to data released Friday, which suggests a big spending weekend ahead for U.S. consumers. Taboola, … Continue reading Inflation-Related Articles Take Backseat To Gift Giving, Data Shows