Inflation has been steadily decreasing, but more efforts are needed to further reduce the cost of living for Americans in the coming months.
Your chance to qualify for a mortgage shouldn't drop because you're dating. If you still want to date during inflation, consider these tips.
Cardi B's household is feeling the financial impacts of inflation, especially when it comes to the raised costs of groceries.
Get the personal finance basics with these seven terms.
(AJC) — If the American middle class once offered dependable shelter, that haven now is shaky, leaky and uncertain. Experts disagree on why — and what happens next. But the old assumptions — that being middle class would mean a decent paycheck, job security, hope for owning a home, the far-off glow of a comfortable retirement […]
(LA Times) — Be it a bushel of wheat from Kansas, a ton of rice from India or a barrel of crude from Saudi Arabia, prices for all manner of commodities are on the rise across the globe, a trend that is starting to pinch American consumers. On Tuesday prices of many raw materials continued to surge, […]
(Wall Street Journal) — Inflation or deflation? Pick your poison, says Wall Street. Either Uncle Sam’s borrowing binge will flood the system with money, leading to a replay of the 1970s as inflation eats away at your purchasing power. Or all that debt and the liquidation of distressed financial assets will paralyze the economy and send […]
(Crain’s) — New York City is adding jobs at a brisker pace than the nation, but data released Thursday by the U.S. Bureau of Labor Statistics shows that wages here are not increasing as much as they are in the rest of the country. The average weekly wage in the city jumped by 1.1%, or […]
(CNN Money) — Arnott, who runs the value-focused Research Affiliates investment manager in Newport Beach, Calif., writes in his monthly newsletter that it’s imperative that bond investors diversify away from debt-soaked rich countries such as the United States. Read More…
(USA Today) — If stocks are the investment of greed, gold is the investment of fear. And fear is in a bull market. Scared that the only way to pay the nation’s $8.9 trillion debt is to print more money? Gold soars in inflationary periods. Think the dollar will plunge on international currency markets? Buy […]
(Bloomberg.com) — The strengthening U.S. economy, subdued inflation and rising stock prices are propelling the dollar rally into its fifth month as traders seek refuge from Europe’s fiscal crisis and Japanese deflation. Read More…