For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to paying for her home’s upkeep. “It’s really challenging,” McBlais, who works at a nonprofit, says of managing her expenses. “It’s paycheck to paycheck.” Cleaning her chimney cost $500 …
Read More »Tag Archives: Inflation
Why American bondholders are jumpy about inflation – The Economist
Why American bondholders are jumpy about inflation The Economist Fed rate cut now signals 3% inflation is the new 2% Reuters Bond-Market Bets on Deep Fed Cuts at Risk From a Hot CPI Reading Bloomberg.com Important inflation reports this week expected to show prices still on the rise CNBC August CPI preview: Inflation expected to stay sticky as Fed readies rate cut Yahoo Finance Source …
Read More »Wall Street holds near records as inflation slows and Oracle soars
NEW YORK (AP) — Wall Street is holding near its records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial-intelligence boom. The S&P 500 added 0.1% and was on track to set an all-time high for a second straight day. The Dow Jones Industrial Average was down 280 …
Read More »President Trump Has Crushed Biden’s Inflation Crisis – The White House
“The latest PPI report shows there is no inflation — wholesale prices fell and smashed economists’ expectations. President Trump has defeated Joe Biden’s inflation crisis while successfully implementing powerful tariffs, which haven’t hiked prices like the so-called ‘experts’ claimed. This is yet another reason for Jerome ‘Too Late’ Powell to cut the rates immediately to make everyday life more affordable …
Read More »Cooler US producer inflation hints at softening demand – Reuters
Cooler US producer inflation hints at softening demand Reuters 5 takeaways from the producer price inflation report with another key reading on tap CNBC Wholesale inflation cooled in August as businesses absorb tariff costs — for now CNN US Producer Prices Unexpectedly Drop, First Decline Since April Bloomberg US wholesale prices declined unexpectedly in August Financial Times Source link
Read More »Labor Department watchdog probes jobs, inflation data
Erin Scott/Bloomberg via Getty Images The Labor Department’s internal watchdog said Wednesday it has opened an investigation into how jobs and inflation data is collected by the Bureau of Labor Statistics. The probe by the department’s Office of Inspector General comes as BLS is under pressure from the Trump administration, which has pointed to recent downward revisions to employment data …
Read More »US producer inflation cooler in August; hints at softening demand – Reuters
US producer inflation cooler in August; hints at softening demand Reuters 5 takeaways from the producer price inflation report with another key reading on tap CNBC U.S. producer prices unexpectedly fell 0.1% in August Yahoo Finance Wholesale inflation cooled in August as businesses absorb tariff costs — for now CNN US wholesale prices declined unexpectedly in August Financial Times Source link
Read More »S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps – Reuters
S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps Reuters S&P 500 jumps to new record on encouraging inflation reading, Oracle stock surge: Live updates CNBC Stock Market Today: S&P 500, Nasdaq Hit New Records on PPI Inflation Data; Oracle Soars 35% — Live Updates The Wall Street Journal Stock market today: S&P 500, Nasdaq rise as Oracle …
Read More »What To Expect From Tomorrow’s CPI Inflation Report
Key Takeaways Forecasters expect Thursday’s inflation report to show consumer prices rose 2.9% over 12 months, the highest annual inflation since January. Officials at the Federal Reserve are widely expected to cut the central bank’s key interest rate, making loans cheaper to boost the hiring market, despite inflation still well over the Fed’s 2% target. Economists say tariffs are pushing …
Read More »PPI inflation August 2025:
People shop for dairy products at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images Wholesale prices surprisingly fell slightly in August, providing breathing room for the Federal Reserve to approve an interest rate cut at its meeting this month, according to a Bureau of Labor Statistics report Wednesday. The producer …
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