Browsing: inflation
Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
The disparity between the trillions spent fueling AI and the distaste of the people meant to adopt it has grown…
The bond market knows something about the $39 trillion national debt that Washington doesn’t
The national debt—a barely comprehensible $39 trillion—seems, to hear economists tell it, forever one shock away from bringing the whole…
Fed survey: Companies are absorbing higher oil costs, but fears of inflation continue to rise
Chief financial officers (CFOs) across U.S. companies said they’ve been able to navigate the challenges of increased energy costs as…
The man who invented the Fed’s magic trick just died. His successor is about to try it again
Some of the most consequential decisions in the global economy of the 1990s were worked out in a bathtub. Alan…
The Fed will bring down the hammer on inflation with a series of rate hikes this year, BofA says
The Federal Reserve has tolerated inflation above its 2% target for five years as it navigated a series of shocks,…
There’s some debate in the economics world about whether a “wage price spiral” exists in reality, and how much of…
Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher
It’s summer grilling season, but for many Americans, surging prices mean beef is no longer what’s for dinner. The cost…
The specter of higher-than-2% inflation has loomed over the economy since the pandemic. But just as it seemed like the…
Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break
Consumer prices rose 0.5% in May, the Bureau of Labor Statistics reported Wednesday, lifting annual inflation to 4.2% from 3.8%—the…
Wall Street dumped nearly $1 trillion in tech stocks by midday—then bought peanut butter and paint
Today, the Nasdaq Composite looked like a V: down more than 4% by lunchtime, closing off just 1%. Nobody knows…












