Tag: Inflation
The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000
It wasn’t too long ago when earning six figures felt like achieving the American Dream: luxury sports cars parked in front of mansions, fridges...
Home Depot says tariff price increases are coming and customers are putting off larger home-improvement projects as worries about the economy fester
Home Depot customers are putting their big home-improvement projects on hold as worries about the economy and interest rates have them sticking to smaller...
We still aren’t sure what’s going on with tariffs and inflation — or what will happen next
Months after President Donald Trump launched his trade war, economic data continue to give mixed signals on how much tariffs are affecting prices in...
Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says
Donald Trump’s new immigration policies—including deporting, the White House claims, about 750 immigrants a day on average—are helping drive up prices, Moody’s chief economist...
The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald Trump’s tariffs, which are starting...
In this economy, even the affluent are a ‘more cautious consumer,’ Sweetgreen CEO warns. Chipotle and Cava are hurting too
Chipotle, Cava, and Sweetgreen are all confronting a marked consumer spending slowdown in 2025, evident in disappointing sales, flat or declining customer traffic, and...
Another tariff warning sign as wholesale inflation surges unexpectedly in July
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs higher.
The Labor Department reported Thursday...
Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster
July’s inflation report went about as well as the Fed (and the White House) could have hoped for.
The Consumer Price Index (CPI) summary...
Anxiety about the economy is forcing two-thirds of U.S. employers to yank budgets for raises
In 2026, US employers are expected to grant employees raises that are largely in line with what they’re receiving this year, according to a Payscale...
Inflation is staying level—for now—but the next wave of tariff-driven price increases is already in motion: ‘They are going up, we’ve seen that’
WASHINGTON (AP) — U.S. inflation was unchanged last month while a measure of underlying inflation rose to its highest level in five months, as...
