Other News

Working Moms See Self-employment as a Lifeline

Before the pandemic, Miranda Doyle, 34, worked as a project manager at a Pennsylvania- based interior design company.  The business shut down temporarily when the state issued a stay-at-home order in March 2020, allowing Doyle to take care of her three children while they attended school remotely. The company resumed […]

Five Things to Watch in the April CPI Report

The Bureau of Labor Statistics will release its April CPI report on Wednesday, offering some insights into the US inflation picture. Economists surveyed by Bloomberg expect headline inflation will have risen 8.1% from April 2021 to April 2022.  Here are five things to watch in the monthly report out Wednesday […]

Five Things to Watch in the CPI Report for April

The Bureau of Labor Statistics will issue its Consumer Price Index report for April on Wednesday. The measurement, which tracks price movements across a broad range of goods and services, is expected to show the rate of inflation slowed slightly to 8.1% from 8.5%, according to a survey of Bloomberg […]

Five Things To Watch in the March Trade Balance Report

The U.S. trade deficit in goods and services is expected to have hit a fresh high in March at $107 billion, potentially setting the stage for a further cooldown in economic growth. Here is what to watch in the March trade balance report, set for release by the Bureau of […]

5 Things to Watch in the March Personal Income Report

The Commerce Department will release its personal income and outlays report on Friday, which includes economic temperature checks like consumer spending and inflation.  Analysts expect that consumer spending increased 0.6% in March, an uptick from the previous month, as demand remains high despite precipitous price increases. Increased consumer spending indicates […]

Consumer Prices Rise Again to 8.5% as Inflation Hits New 40-Year High

U.S. inflation soared to a 40-year high last month as geopolitical tensions drove up energy prices and supply chain hurdles compounded price pressures driven by consumer demand.  The Consumer Price Index rose 8.5% in March from a year earlier, overshooting the Dow Jones economists’ prediction that consumer prices would rise […]