Economics

The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.

The personal consumer expenditures price index is one of the Fed's favorite tools for tracking inflation.

California's 'Vax for the Win' program seeks to boost interest in vaccines by offering cash rewards. If you've gotten a shot, you're already eligible.

Lotteries and big prizes, such as cruises and Super Bowl tickets, being used by states, business to lure more people to get COVID-19 vaccines.

NFL football superstar Richard Sherman breaks down the money playbook. You’re adulting now, so adult with Richard Sherman.

Michigan's restaurant and hospitality industry is scrambling in preparation for the holiday weekend — one they won't soon forget. Memorial Day weekend, the unofficial start to summer, is expected to overwhelm restaurants, hotels and golf courses as the eager vaccinated population sheds masks for…

WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.

The federal legislation would add up to $12,500 in tax credits for electric vehicles assembled in the United States and built by union workers.

Local pharmacies are an integral piece of a community's public health system. Right now, as we deal with an overburdened health care delivery system, our health and well-being are top of mind. Local pharmacies offer something that nobody else can: trusted, personalized care, unlike many big-brand…

The index continues to controversially be weighted by share price.

A year after safety fears led to the cancellation of baseball and other team sports, Dick’s Sporting Goods is having a comeback year as bats, balls and jerseys fly off shelves. First-quarter sales more than doubled to $2.92 billion and the company raised its expectations for sales and profits in 2021.

How many views and followers on Instagram, YouTube and TikTok do you need to give up the day job?

The amusement park is also increasing pay to a minimum of $20 an hour for all seasonal and part-time employees.

During the rental car shortage, Consumer Reports offers tips for navigating a tricky travel landscape.

A global microchip shortage has impacted car production down in the U.S., which has led to a shortage of rental cars. Here's what that means on the cusp of the summer travel season.

As summer leisure travel ramps up, travel industry insiders predict the rental car shortage currently gripping the U.S. is likely to worsen before it gets better.

Consumer Price Index for All Urban Consumers: Airline Fares in U.S. City Average

Can a brand transcend time and be all things to all people? This graphic seeks to find out by visualizing the most loved brands by generation.

As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound adjustments to its sales channels when the COVID-19 pandemic changed buying habits. As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound...

People are flying again. But so many airplanes are still parked in storage. Getting them in the air again isn't always so simple.

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are moving to cut off a federal benefit for the jobless.

Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.

Bitcoin's price dropped over 50% from its all-time highs in its latest correction. But how does this drop compare with those of the past?

The U.S. economy is strengthening quickly, although inflation is rising and a shortage of semiconductor chips has created a temporary headwind.

We provide explanations of basic and fundamental concepts on the definition of inflation, measurement of inflation, costs of inflation, the importance of measuring and controlling inflation, the role of the Federal Reserve in inflation, and other concepts such as price indexes, hyperinflation, trend and underlying inflation, measures of inflation like CPI, core CPI, median CPI, trimmed-mean CPI, PCE, core PCE, and trimmed-mean PCE.

Answer from Tax Foundation: Purchasing power (a.k.a. cost of living) becomes a critical consideration for students considering where they would like to live or even go to college. $100 will buy you a lot less if you attend college or live in New York City vs. rural Maine.

Focus on exactly how and why prices are changing over time, and how these shifts might affect you.

What is the top export in every country? This series of maps explores some of the most influential goods in global trade.

LANSING — Michigan's main funds will take in an estimated $3.5 billion more in taxes than previously forecast thanks to increased consumer spending of federal stimulus checks and other coronavirus relief funds, state officials said Friday.The surplus, spread over this fiscal year and next,…