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January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim

Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]

Consumer

Americans’ Personal Income Rose Significantly in January

Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy.  The value […]

Economy

Shelter and Gas Costs Heat Up February Inflation

Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]

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A person holds out a box

The Environmental Cost of Subscription Boxes 

More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.