Investors got some good news on Tuesday after a popular measure of inflation came in lower than expected in November. The Labor Department reported that the consumer price index (CPI) rose 7.1% in November, down from a 7.7% gain in October and less than the 7.3% increase economists were expecting. …
How to Manage Rising Energy Prices
Inflation is taking a bite out of everyone's budget, and one area where it continues to cause pain is energy prices. Oil and natural gas costs continue to soar—and with the current geopolitical situation, it’s unclear when they might subside. Here you’ll find several smart tips to help save money on increased energy costs, whether at the gas pump or on your electricity bill.
Gas prices will soon be on the rise again. Starting next month, OPEC+ will cut its oil production by two million barrels per day. That means the relief consumers are experiencing at the gas pump could be over. The national average price of gas was $3.87 per gallon on Oct. 6, 2022 according to data …
We reported last week on what seemed to be a contradiction in gasoline and oil prices. The price of crude oil has fallen about 13% since hitting …
With little immediate relief from the federal government to respond to record inflation, 19 states are sending—or have already sent—payments to taxpayers. And while some of these payments are for hundreds of dollars, they’re unlikely to have a big impact on inflation. “Plans focused on specific …
When it comes to spending power, inflation means that things cost more and that your money becomes less valuable. When a period of high inflation …
Smart-home devices don’t just make it easier to close the garage door or secure your home. They can also help you save energy and money, if you use them properly. And seeing how Americans spend $130 billion a year on wasted energy, people can use all the help they can get. You set up smart-home …
Inflation is still running hot despite a slight slowdown in the April Consumer Price Index (CPI) report. Everyday items, from gas to groceries, are becoming unaffordable for many Americans. The cost of gas is about $4.40 per gallon nationwide. At the grocery store, some shoppers are forced to …