Latest in Inflated Prices
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Inflation ticks up for first time since March
The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher rate than September's 2.4%. The uptick means the Federal Reserve's 2% target rate is ...Top stories - CBS News - 3 hours ago -
Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags
Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.Business - The New York Times - October 23 -
Democrats call for investigation into grocery prices
Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they say ...Politics - The Hill - November 4 -
How quickly are prices rising in the UK?
The rate at which prices are rising has dropped below the Bank of England's target of 2%.Top stories - BBC News - 6 days ago -
These stocks thrived during high inflation — and they share one thing in common
Strategists Jason DeSena Trennert and Ryan Grabinski, of the institutional brokerage Strategas, point out that 117 of the S&P 500 companies have a lower credit-default swap spread than the United ...Business - MarketWatch - October 15 -
The Fed should beware declaring the war on inflation over prematurely
Wobbles in the bond market suggest investors think the US central bank turned too dovish too soonWorld - Financial Times - October 15 -
‘It’s a kind of miracle’: Russian man survives 66 days adrift on inflatable boat
Mikhail Pichugin survived but the ordeal claimed the lives of his brother and teenage nephew. A Russian man survived more than two months drifting in icy seas on an inflatable boat in an ordeal ...World - The Guardian - October 15 -
With 1 Simple Move, These Companies Are Easing Inflation for Weary Customers
Inflation is down after three long years, but some companies are trying further price cuts to recharge sluggish sales.Business - Inc. - October 15 -
Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation
Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.Business - Inc. - October 15 -
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...World - The Guardian - October 16 -
Elder care costs are outpacing inflation. Americans want a lifeline.
A recent Kamala Harris campaign proposal targets at-home caregivers struggling with steep out-of-pocket expenses even as consumer prices finally stabilize.Top stories - NBC News - October 16 -
Here’s when consumers might finally stop wincing at higher prices, according to Fed’s Daly
The Fed has recently focused more on stability in the job market. But inflation still weighs heavily on the minds of consumers, the San Francisco Fed President says.Business - MarketWatch - October 16 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17 -
Yellen warns "sweeping, untargeted tariffs" would reignite inflation
Treasury chief Janet Yellen is warning that tariffs planned by former President Donald Trump will reignite inflation.Top stories - CBS News - October 17 -
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Rising food inflation clouds the good news on headline rates
Let them eat CPIWorld - Financial Times - October 18 -
UK fuel duty rise would rekindle inflation, warn motoring groups
Rachel Reeves expected to axe 5p discount and weighs reinstating inflation-linked rises in BudgetWorld - Financial Times - October 18 -
Burst of trades inflates Trump’s margin in election prediction markets
Small group of bettors lifts odds of Republican victory to 62 per cent on cryptocurrency-based PolymarketBusiness - Financial Times - October 18 -
Here's why inflation may look like it's easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.Business - CNBC - October 19