Your Paycheck Next Year Will Be Affected by Inflation. Here’s How.
If you get a raise, you may not end up in a higher tax bracket. But more of your income may be subject to Social Security taxes. And you’ll probably pay more for health care.
Why only higher unemployment can solve inflation now: 'Prices go up like rockets and down like feathers'
Economist Eric Winograd says with services now driving inflation, "it is going to take a meaningful weakening of the labor market to bring inflation to heel.”
Ford’s $1 Billion Inflation Expense Helps Explain Why Car Prices Are Going Up
Making cars was never an easy challenge for auto makers like Ford, GM and Lucid. But right now, supply-chain woes, parts shortages and inflation is making it...
Survey: Middle Class Wages, Inflation, Spending Habits Revealed
Parents have had some wallet relief over the past few weeks following record high inflation rates and gas prices. But these 5 staples continue to rise in price.
Do you like these types of video? In this episode, I talk about the COVID-19 recession (the Great Lockdown) and explain how it led to high inflation in the U...
Services inflation worst since 1982, housing CPI heats up, but energy prices plunge
The CPI number came in at 8.5%, from 9.1% in June, as food prices continued to spike but gasoline and nat gas prices fell and durable goods prices backed off. Services CPI rose to 6.25%.
EconExtra: Which Inflation Measure is "Best?" - Blog
There are many measures of inflation available. Which one should we be focusing on? The July CPI was announced this week, and Federal Reserve’s preferred measure, the PCE index, will be announced on August 26. These two series each have variations, and there are still other measures available.
Meat prices increased more than any other food category, but what happens when a BBQ restaurant believes they can't raise prices or even reduce portion sizes?
How inflation is affecting your wallet at MLB concession stands
The effects of inflation have rippled through consumer prices, from gas to groceries to stadium concessions. ESPN polled food and beverage vendors and reps for MLB's 30 teams to find out how much fans are paying for their favorite ballpark eats.
US inflation surges again in June, raising risks for economy
WASHINGTON (AP) — U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession .
"We have enough information to conclude policy mistakes, especially on the demand side, go a long way toward explaining today’s inflation." ~ Alexander William Salter
Cost of July 4th Cookout 17% Higher Compared to Year Ago
The average cost of a summer cookout for 10 people is $69.68, which breaks down to less than $7 per person. The overall cost for the cookout is up 17% or about $10 from last year.
The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the consumer price index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.
Visualizing the History of U.S. Inflation Over 100 Years
Is inflation getting higher? In this infographic we explore how inflation rates have evolved over the last century, putting current numbers into context.