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[ad_1] The numbers: The University of Michigan’s gauge of consumer sentiment fell to a preliminary May reading of 57.7 from an April reading of 63.5. That...
[ad_1] The numbers: The cost of U.S. imported goods rose 0.4% in April, the Labor Department said Friday. This was the first increase this year. Economists...
[ad_1] Inflation falls to level not seen since 2021 as jobless claims rise – CBS News Watch CBS News Inflation is down to 4.9% – its...
[ad_1] A pedestrian walks past a Pacific Western Bank branch in Beverly Hills, California on May 4, 2023. Patrick T. Fallon | Afp | Getty Images...
[ad_1] In an aerial view, a Pacific Western Bank building is seen on May 4, 2023 in Los Angeles, California. David Mcnew | Getty Images This...
[ad_1] Consumers in some countries might not bat an eye at rising macaroni prices. But in Italy, where the food is part of the national identity,...
[ad_1] Economists have been forecasting a recession for months, and that looming downturn is one of the most anticipated in U.S. history. But it’s not yet...
[ad_1] The buying power of Social Security has dropped 36% since 2000, meaning that oldest adults who retired before 2000 would need more than $500 a...
[ad_1] Washington, DC CNN — Wholesale annual inflation slowed in April, adding to signs that price pressures are easing. The Producer Price Index, a key measure...
[ad_1] The numbers: U.S. producer prices rose 0.2% in April, the Labor Department said Thursday. Economists polled by the Wall Street Journal had forecast the PPI...
[ad_1] Investors react as consumer prices rise at slowest rate in 2 years – CBS News Watch CBS News Stocks closed relatively flat Wednesday following the...
[ad_1] Hong Kong CNN — Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic...
[ad_1] The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation...
[ad_1] TOKYO — Asian shares were mixed in choppy trading Thursday after a report showed evidence that inflation in the United States was cooling, even if...
[ad_1] The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. China’s economy grew at the fastest pace in a year...
[ad_1] Starbucks is famous for encouraging customers to create their own personalized concoctions. But at least one of those special requests will now cost you extra. ...
[ad_1] Satya Nadella, CEO of Microsoft, appears at the World Economic Forum in Davos, Switzerland, May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft...
[ad_1] A shopper in Greenville, New York, April 30, 2023. Robert Nickelsberg | Getty Images News | Getty Images Inflation in April notched its lowest reading...
[ad_1] WASHINGTON — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist...
[ad_1] WASHINGTON — After steadily declining for nearly a year, consumer price data to be released Wednesday will likely show that U.S. inflation remained stubbornly high...