Category Archives: Economy Inflation

Inflation vacation! Here’s why Americans are plowing ahead with summer travel despite rising costs

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

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

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