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[ad_1] The agency said Tuesday its consumer price index for September was up 1.6% from a year ago compared with a year-over-year increase of 2% in...
[ad_1] The Dow Jones Industrial Average and other major stock market indexes were in the red Thursday morning as a key inflation reading came in higher...
[ad_1] As inflation sharply accelerated in 2022, household purchasing power declined. Meanwhile, the Bank of Canada rapidly increased its key interest rate from its pandemic-era lows, bringing it...
[ad_1] Recession fears after new data Are recession fears valid after weak jobs report? 02:44 Inflation continued to cool in July, with the latest government figures...
[ad_1] Voters feeling frustrated with inflation Voters feeling frustrated with inflation and overall economy 02:11 As consumers cope with lingering inflation, CBS News is tracking the...
[ad_1] Consumers fed up with soaring fast food prices – CBS News Watch CBS News While Americans are saving a little money at the grocery store,...
[ad_1] Pepsi reaffirmed its financial guidance for 2024, including organic revenue growth of 4%. The company has said it expects to return to more normal rates...
[ad_1] What does high March inflation mean for the Fed and the economy? – CBS News Watch CBS News The annual inflation rate hit 3.5% in...
[ad_1] That’s because they expect the Canadian economy to weaken further under the weight of decades-high interest rates. Statistics Canada reported last week the economy grew...
[ad_1] Updated Jan. 1, 2024 12:05 am ET A surprise surge in American oil and gas production and exports is helping to keep the world stocked,...
[ad_1] Consumer spending will be merry and bright this holiday season, economists predict – CBS News Watch CBS News After a period of high inflation, the...
[ad_1] It has been a while since a hot inflation report sparked wild gyrations in U.S. stocks, like it frequently did in 2022, but that doesn’t...
[ad_1] That doesn’t mean everything costs more in Canada, says David Soberman, a professor of marketing and Canadian national chair of strategic marketing at the University...
[ad_1] Inflation in the U.K. surprisingly eased in August against expectations it would accelerate, a welcome showing for central bankers just a day ahead of an...
[ad_1] The rate of U.S. inflation has slowed considerably from a 40-year peak of 9.1% in mid-2022 and it’s gotten an assist from a surprising source:...
[ad_1] Producer Price Index for August comes in higher than expected – CBS News Watch CBS News The producer price index rose seven-tenths of a percent...
[ad_1] Investors were evaluating a less-than-straightforward take on U.S. inflation Wednesday, with August’s consumer price index coming in close to or in line with expectations while...
[ad_1] August was a hot month and it wasn’t just about the weather. Financial markets are now bracing for what’s likely to be a rebound in...
[ad_1] What’s going on with frozen fruit and vegetables? Food prices rose 0.2% on the month in July after remaining unchanged in June, and they rose...
[ad_1] Los Angeles — For Robin Line, the cool air in her South Los Angeles apartment building’s community room in is a welcome relief. But her...