8.3 C
New York
Thursday, March 28, 2024
- Advertisement -

CATEGORY

Consumer prices

Lower prices offer Americans slight reprieve from inflation

WASHINGTON ((DailyNews)) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is...

Bank of England predicts recession at the end of the year

LONDON ((DailyNews)) — The Bank of England announced its biggest interest rate increase in 27 years on Thursday as it forecast that the war...

EXPLAINER: Why US inflation is so high, and when it may ease

WASHINGTON ((DailyNews)) — Inflation’s relentless surge didn’t merely persist in June. It accelerated.For the 12 months ending in June, the government’s consumer price index...

Surging gas prices likely drove US inflation to 40-year high

WASHINGTON ((DailyNews)) — U.S. inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food...

Powell: ‘No guarantee’ Fed can tame inflation, spare jobs

WASHINGTON ((DailyNews)) — Federal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame runaway inflation without hurting the job market.Speaking...

Biden vows to battle inflation as prices keep climbing

LOS ANGELES ((DailyNews)) — In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than...

US inflation at new 40-year high as price increases spread

WASHINGTON ((DailyNews)) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high...

High inflation leaves food banks struggling to meet needs

Kendall Nunamaker and her family of five in Kennewick, Washington, faced impossible math this month: How to pay for gas, groceries and the mortgage...

US inflation dips from 4-decade high but still causing pain

WASHINGTON ((DailyNews)) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions...

Stocks turn mixed on Wall Street a day after big sell-off

NEW YORK ((DailyNews)) — Stock indexes on Wall Street ended a choppy day of trading with a mixed finish Tuesday, after an afternoon rally...

Latest news

- Advertisement -