Inflation surged in June at its fastest pace in nearly 13 years amid a burst in used vehicle costs and price increases in food and energy, the Labor …
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Worried about rising prices?
If it seems like things are more expensive this summer, they are: In June, consumer prices jumped 5.4%, the fastest pace in nearly 13 years. Everything from used cars to air fares, gasoline and food cost more than they did a year ago. There are a variety of reasons, including supply-chain bottlenecks and high demand as we emerge from the pandemic and start doing more — and buying more. The big question is: Are high prices here to stay?
Price increases in used cars, car rentals — as well as a rebound in airfares, lodging and food — are behind the biggest inflation surge since 2008 as …
Rising inflation has startled many retirees, who now worry about outliving their savings. The consumer price index for June, measuring the cost of …
Rising inflation is a concern for Kevin Linehan, 68, a retiree in Fitchburg, Massachusetts. After a heart attack at age 44, Linehan left his career …
PepsiCo and Conagra Brands said Tuesday they plan to pass along higher input costs to customers as inflation accelerates. Earlier in the day, the …
As the economy picks up in the wake of the Covid pandemic, concerns about inflation are also gaining steam. Already, prices on some goods, like cars, …
Last year, many high school seniors dramatically changed their expectations about the future. This year, more students are getting back on …
You're not imagining it. Things don't merely seem more expensive these days — consumer prices are actually accelerating at their fastest pace in 13 …
Consumer prices just posted their largest one-month jump in nearly 13 years, a fact that might tempt some to conclude that a white-hot U.S. economy …
Federal Reserve Chairman Jerome Powell acknowledged Tuesday that some inflation pressures are stronger and more persistent than he had anticipated, …
The stock market has overcome inflationary fears on the way to setting new records this year, but in C-suites, the concerns about input costs, wage …
Under normal circumstances, the recent spate of high inflation numbers would be cause for high alarm. But in the present Covid-era context, they were …
One of the biggest fears investors have faced this year is the threat that inflation could run amok and thwart the post-pandemic economic …
