May 22, 2013
Your dollar bill isn't worth the paper it's printed on. Why? Because it's a fiat currency. Sr. Producer Paddy Hirsch explains.
May 20, 2013
As an investment and inflation hedge, gold still looks overvalued, at nearly 30 percent below its peak. But demand for gold is growing in India and China.
May 1, 2013
"A little bit of inflation is our friend, not our enemy," says Prof. David Blanchflower
May 1, 2013
In February, we declared inflation dead after years of easy monetary policy and negligible consumer price increases. As the Federal Reserve concludes yet another meeting to keep inflation six feet under, we ask if it's time to bring inflation back from the dead.
Apr 18, 2013
Every month, the Bureau of Labor Statistics sends hundreds of workers out to stores to gather prices of about 80,000 goods and services. But there's a new computer program that combs through the Internet and grabs prices.
Apr 15, 2013
After a dazzling rise to more than $1,900 an ounce, the yellow metal has clearly lost its luster. The price of bullion has slumped by 10 percent since the end of last week, down to $1,420 an ounce.
Mar 14, 2013
The producer price index -- prices received by U.S. companies -- rose 0.7 percent last month, its largest uptick in five months. Diane Swonk, chief economist with Mesirow Financial, explains what's behind the rise and whether the U.S. should be worried about inflation.
Mar 11, 2013
Global markets are mixed this morning after China reported that inflation hit a ten-month high in February and consumer spending came in worse than expected.
Feb 25, 2013
According to the current Consumer Price Index, the inflation rate is zero percent. But for many people, their cost of living doesn't reflect the data's averages.