William Davis2 days agoUS Consumers Are on Edge About Income, Retirement in Latest Dataverified_publisherBloomberg - By Vince Golle and Alexandre TanziA record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the …
William DavisLive: Analysis of US CPI Report for Mayverified_publisherBloomberg - Chris AnsteyMarkets Look for Powell to Validate Upbeat US CPI Data Thanks for joining us. Here are five key takeaways from the May US consumer price index report …
William DavisInflation's sting: Will you become a more savvy shopper?verified_publisherUSA TODAY Money - Paul DavidsonInflation finally pushed Mark Hawkes to a breaking point. So a few months ago, he canceled his gym membership. “I can do workouts at home,” especially isometric exercises, says Hawkes, 62, of Madison, South Dakota. He also plans to downgrade his family’s cable TV service significantly and might even …
William DavisThe Fed’s preferred inflation measure rose 0.2% in April, as expectedverified_publisherCNBC - Jeff CoxInflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released …
William DavisThursday was a sour day for the US economy — with an important silver liningverified_publisherCNNWashington CNN — US economic data released Thursday was broadly disappointing. America’s economy expanded at a weaker pace earlier this year than initially reported. The decline in home sales based on contract signings last month was much steeper than economists expected. And mortgage rates inched …
William DavisWholesale inflation unexpectedly jumps again to highest level in a yearverified_publisherFOX Business - Megan HenneyInflation at the wholesale level rose much more than expected in April, the latest sign that price pressures within the economy remain elevated and difficult to tame. The Labor Department said Tuesday that its producer price index, which measures inflation at the wholesale level before it reaches …