Tag Archives: Inflation

0% inflation is nice, but this number from today’s CPI report is even more encouraging

  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

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?

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