Browsing: inflation
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…
“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the retailer’s annual shareholders’ week…
On Friday, the Nasdaq had its worst session in a year. By Monday it all seemed like a bad dream.…
Major technological revolutions often prompt doubts about whether existing economic measures can keep up. Artificial intelligence is no exception. But…
President Trump’s team is once again ruffling international feathers with a new plan for import tariffs imposed on 60 trade…
Americans aren’t losing their jobs. The stock market isn’t in freefall. And the official recession call is nowhere in sight.…
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s official data…
The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices
On the same day that Kevin Warsh was sworn in as the new Federal Reserve chairman, the University of Michigan’s…
Walmart CFO says shoppers skimping at the pump is ‘an indication of stress’ as the Iran war drags on
Walmart shoppers are feeling the crunch of higher prices at the pump, and it could be a sign of where…












