Apple announced it’s raising prices on some iPads and MacBooks this week, citing the rising price of memory and storage devices. But some economists say AI could eventually bring the prices of goods and services down.
Alaskan households are coming together to throw neighborhood-wide yard and garage sales where residents can meet their neighbors and find some deals. With rising costs, some said the deals are more worthwhile than ever.
The overall GDP number was revised higher, up half a percent from the previous estimate. The topline number went up in part because we imported less than expected.
Years of stubborn inflation and the spike in gas prices have forced some travelers to opt for more affordable summer vacations. That often means staying closer to home.
Wall Street had been betting that higher oil prices will cause inflation. Now oil prices are dropping, and the leading theory is that cheaper goods could overheat the economy.
June manufacturing data shows strong output growth in the U.S., but analysts say much of the activity is precautionary stockpiling, rather than a genuine surge in consumer demand.
