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 […]
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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 […]
Five things to watch for in March’s durable goods report
The US Commerce Department will publish its March durable goods advanced report Tuesday at 8:30 a.m. EST. Economists are spread wide on what they expect […]
Five Things To Know For Tuesday’s Case-Shiller Housing Index Report
S&P CoreLogic will release the monthly Case-Shiller Home Price Indices on Tuesday, which track changes in housing prices across the nation. Economists surveyed by Bloomberg […]
Rising Food and Energy Prices Push Inflation to 8.5% but Less Volatile Prices Show Signs of Moderating
Inflation accelerated in March as energy prices soared, evidence that Russia’s invasion of Ukraine and Western sanctions added fuel to the fire that’s burning American […]
Five Things to Watch in the March Retail Sales Report
The Census Bureau will release the advance monthly retail sales report for March on Thursday. Retail sales are projected to rise 0.6 percent, according to […]
U.S. Farmers Race Against Food Spoilage As Shipments Stall
By the time the cargo ship made it to India last summer, the container of apples from the U.S. had started to rot. The overseas […]
U.S. Trade Deficit Remains Near Record High In February
The U.S. trade deficit held near its record high in February, just before the Russian invasion of the Ukraine pushed the prices of commodity exports […]
Rising Inflation Squeezes Low Income Workers
In early March, Mayte Molina, 34, did a double-take at her higher-than-normal supermarket bill. Quickly adding how it would offset her weekly budget, she put […]
High Gas Prices Force Gig Workers to Reconsider
When Veronica Gutierrez lost her warehouse job at the onset of the pandemic, she worried about making ends meet to provide for her eight children […]