By Shalene Gupta July 29, 2022 After more than two years of the pandemic, the lure of airports and airplanes, faraway locales, and stuffed suitcases is proving to be irresistible to many Americans. According to the latest inflation tracker from market research firm Ipsos, which gathers data from 10,000 people across the globe … Continue reading Inflation vacation! Here’s why Americans are plowing ahead with summer travel despite rising costs
Category Archives: Economy Inflation
The Inflation Reduction Act is also an enormous climate bill. What’s in it?
By Talib Visram July 28, 2022 Thanks to an unanticipated U-turn from Senator Joe Manchin, Senate Democrats have reached a deal on a new reconciliation bill that, if passed, would offer the most funding in history to curb carbon emissions and protect energy security. It’s framed as the Inflation Reduction Act, because it … Continue reading The Inflation Reduction Act is also an enormous climate bill. What’s in it?
The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why
By Clint Rainey July 26, 2022 The value of the U.S. dollar is the strongest it’s been in a generation, which means Americans planning vacations to Europe or wiring cash to family in Latin America are not upset. However, if you happen to be a U.S. company that earns a decent percentage … Continue reading The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why
The Relationship between Bitcoin and Inflation
The Relationship between Bitcoin and Inflation Allison Dretzin / 23 Jul 2022 Speculation is that some investors have turned to bitcoin in order to protect their holdings from the impacts of hyperinflation. But what exactly does that mean? People are drawn to everything they can run to in order to protect themselves from inflation, … Continue reading The Relationship between Bitcoin and Inflation
Mentions Of Inflation In Reviews Rise At Record-High Rates On Yelp
Mentions Of Inflation In Reviews Rise At Record-High Rates On Yelp by Laurie Sullivan @lauriesullivan, July 20, 2022 Inflation has not been felt equally across the United States. In Q2 2022, 47 states saw an overall increase of inflation mentions in Yelp reviews compared with Q2 2021. This also includes Washington, D.C. About 35 states … Continue reading Mentions Of Inflation In Reviews Rise At Record-High Rates On Yelp
‘Highly elevated’ June inflation numbers put Biden on the defense
By Clint Rainey July 13, 2022 Inflation surged to 9.1% in June, a new 40-year high that has policymakers racing to rein that number in without triggering a recession. Meanwhile, President Biden and the White House are trying to downplay the drama as less bad than it sounds, so everybody, please, just chill. Released … Continue reading ‘Highly elevated’ June inflation numbers put Biden on the defense
Online inflation slows for third consecutive month
As “real world” inflation hits a four decade peak, prices online continue to drop. Kim Davis on July 13, 2022 As U.S. inflation hit a 40 year peak, topping 9%, online inflation slowed for the third consecutive month. The overall inflation figure is driven by rising “real world” costs, such as gas, food and rent. … Continue reading Online inflation slows for third consecutive month
How to Stop Inflation from Deflating Your Savings
How to Stop Inflation from Deflating Your Savings Due / 30 Jun 2022 No, you aren’t imagining things. Everything costs more than it did before, and these higher prices make it hard to balance the budget while saving and thinking about retirement. But you can stop inflation from deflating your savings! In April, the … Continue reading How to Stop Inflation from Deflating Your Savings
Power Through a Possible Recession With Growth Stocks
Power Through a Possible Recession With Growth Stocks InvestorPlace / 21 Jun 2022 While recession risks are rising and stocks are falling, we’re growing very bullish on a particular group of stocks in the market. The best thing to do during bear markets and crashes is to hunker down in stocks that will soar … Continue reading Power Through a Possible Recession With Growth Stocks
What is stagflation? The World Bank issues a warning about the economy
By Sam Becker June 07, 2022 Is the world going stag? A new warning from the World Bank says that the global economy may be on the brink of a brutal combination of high prices and low economic growth, commonly referred to as “stagflation.” “Compounding the damage from the COVID-19 pandemic, … Continue reading What is stagflation? The World Bank issues a warning about the economy