By Clint Rainey August 10, 2022 Wednesday finally brought Americans some good news on the inflation front. The Labor Department reported that consumer prices rose 0% for the month of July, perhaps the best indicator yet that inflation may have peaked. That means consumer prices were unchanged for the month of July. … Continue reading 0% inflation is nice, but this number from today’s CPI report is even more encouraging
Tag Archives: Inflation
Here’s why you may not get a raise this year just because of inflation
By Shalene Gupta August 01, 2022 With inflation at a record high of 9.1%, employees are desperate for raises. Technically, this should be doable. Corporate profits are up 8.7% from the start of the year, and they’re projected to grow 10.6%, according to data from Bloomberg. But don’t hold your breath for a raise—that is, … Continue reading Here’s why you may not get a raise this year just because of 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 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
How to negotiate your salary to help with inflation
By Stephanie Vozza June 24, 2022 With 8.6% inflation—a 40-year high—many people are feeling the pinch in their wallets as the cost of food, gas, and rent rise. If you haven’t received a raise in the past year, it may be time to negotiate a higher salary. Inflation is a great negotiation … Continue reading How to negotiate your salary to help with inflation