Author: Brian Evans

5 things to watch in Wednesday’s consumer prices report

Consumer prices may increase as much as 3.7% over a year ago, which is the biggest jump in nearly a decade, sparking stronger debate over whether a growing economy and ample stimulus is igniting inflation. Wednesday’s report from the Bureau of Labor Statistics will show sluggish progress in indexes like […]

Experts weigh-in on looming semiconductor threat to new vehicle market

Before the pandemic wrecked manufacturing channels, automakers were already dealing with a crisis.  “Even before the chip thing happened, production was not up to speed with demand,” said Michelle Krebbs, an executive analyst at Autotrader.  “The hottest things are pickup trucks and sport utility vehicles. They just have not gotten […]

Energy prices surged in March while inflation fears inch forward

Consumer prices increased in March as gas prices continued to skyrocket. The Consumer Price Index increased 0.6% in March, the Bureau of Labor Statistics said Tuesday. The gasoline index rose 9.1% following a surge in February. The CPI increase in March is the largest jump in nearly nine years.  Core […]