Author: Mariah Brown

Americans Ditch Food Places to Dine-in

Americans Ditch Food Places to Dine-in

Restaurants could be in trouble as their menu costs soar and grocery stores lower their prices. Over the past year, the consumer price index – an index measuring the changes in prices for goods and services – showed a 2.3 percent increase in the food-away-from-home index and a 0.8 percent […]

Airfares are Cheaper but Passengers Pay More

Airfares are Cheaper but Passengers Pay More

Customers are paying less for airfare but overall more to travel because of fees airlines charge for optional services, that were once included in the ticket price. Some of the complaints customers make are being unaware of fees until they arrive at the airport, having to pay for once complimentary […]

“Steady Inflation means interest rates are up?”

“Steady Inflation means interest rates are up?”

By Mariah Brown Consumer prices barely increased in February but the Federal Reserve Board raised interest rates because of increasing inflation, signaling the strength of the economy. The consumer price index, a scale tracking the costs of goods and services month-after-month, showed consumer prices increased 0.1 percent for the month […]

Consumer Prices Rise, Inflation Creeps Higher

Consumer Prices Rise, Inflation Creeps Higher

An acceleration in consumer prices, for the month of January, could push the Federal Reserve to raise interest rates. The consumer price index, a scale of changes in prices and goods, showed a 0.6 percent increase from December to January, Bloomberg reports. This was the largest month-over-month increase since February […]