Trifecta of economic factors driving U.S. inflation, expert says
Experts are predicting inflation will hit 9% in the next few months and improvement depends on how long it takes for the Federal Reserve interest rate policy to be effective.
Experts are predicting inflation will hit 9% in the next few months and improvement depends on how long it takes for the Federal Reserve interest rate policy to be effective.
US inflation soared 7.9% in past year, a fresh 40-year high
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Lawmakers call to end gas taxes across US amid price surge
Governors in Georgia and California also called for relief from state gas taxes.
Governors in Georgia and California also called for relief from state gas taxes.
Gas prices soar; here are ways to save money
Prices at the pump are setting records. Here are some ways you can save money on gas.
Prices at the pump are setting records. Here are some ways you can save money on gas.
Biden to sign order mandating study of cryptocurrency as its use explodes
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
The Biden administration views the explosive popularity of cryptocurrency as a call for acting with urgency to look at the risks and benefits of digital assets.
Could high gas prices impact airline travel? AAA weighs in
Could the pain at the pump bring pain to the airline ticket counters? An expert with AAA weighs in.
Could the pain at the pump bring pain to the airline ticket counters? An expert with AAA weighs in.
U.S. gas prices keep rising; could hit $6 per gallon in NY
Rising gas prices are taking a toll on Americans. We could be seeing $6 a gallon or more in the coming weeks.
Rising gas prices are taking a toll on Americans. We could be seeing $6 a gallon or more in the coming weeks.
Russia-Ukraine War: U.S. gas prices rising
The sanctions that the U.S., European Union, and other countries imposed on Russia are starting to wreak havoc on global trade.
The sanctions that the U.S., European Union, and other countries imposed on Russia are starting to wreak havoc on global trade.
NYC rents continue to rise
StreetEasy reports that the median rent in Manhattan is $3,700, just over $2,700 in Brooklyn, and about $2,300 in Queens — all double-digit increases when compared to this same period last year.
StreetEasy reports that the median rent in Manhattan is $3,700, just over $2,700 in Brooklyn, and about $2,300 in Queens — all double-digit increases when compared to this same period last year.
Target may pay workers up to $24 an hour in NY
Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year.
Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year.
Relentless rise in rents across the U.S.
The median rent price across the U.S. has risen by more than 19% over a year ago to reach $1,789. But some cities, particularly in the Sunbelt region, are seeing much higher spikes.
The median rent price across the U.S. has risen by more than 19% over a year ago to reach $1,789. But some cities, particularly in the Sunbelt region, are seeing much higher spikes.
Ukraine-Russia Crisis: U.S. gas prices expected to soar
Worries about Russia invading Ukraine have sent oil prices surging. So now the United States is bracing for the economic ripple effect: soaring gas prices, even though the U.S. doesn't buy gas from Russia. Here is why.
Worries about Russia invading Ukraine have sent oil prices surging. So now the United States is bracing for the economic ripple effect: soaring gas prices, even though the U.S. doesn't buy gas from Russia. Here is why.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Rising gas prices: Ways to maximize your fuel economy
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
What is inflation? Why consumer prices are rising
Chances are you already understand what inflation is even if you don't know the formal definition. Inflation has already affected your level of spending. You've noted that filling up your car costs a lot more. You've been shocked by spiking utility bills. And you've shaken your head at the grocery store checkout line.
Chances are you already understand what inflation is even if you don't know the formal definition. Inflation has already affected your level of spending. You've noted that filling up your car costs a lot more. You've been shocked by spiking utility bills. And you've shaken your head at the grocery store checkout line.
US inflation report: Consumer prices jumped 7.5% in past year, a 40-year high
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
Democrats propose temporary suspension of federal gas tax to offset soaring prices
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.
The Gas Prices Relief Act would eliminate the 18.4 cents per gallon fuel tax for the rest of 2022.
Spiking utility bills shock NYC residents
Some New Yorkers say their Con Edison bills have shot up by as much as 300%. Con Ed says don't blame us.
Some New Yorkers say their Con Edison bills have shot up by as much as 300%. Con Ed says don't blame us.
What is the consumer price index and how is it used to measure inflation?
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
US job growth soars past expectations with 467,000 added, shaking off omicron surge
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.