Economy

The Conference Board’s Consumer Confidence Index for June paints a pretty complex pictiure.

The gender wage gap has been widening for several years, after it narrowed at the start of the pandemic. That’s a drag on the entire economy.

While new infrastructure often comes with a set price tag, taxpayers often end up footing a much larger bill after all is said and done.

Ultimately, the increase in the cost of shipping a container across an ocean will be passed along to consumers.

April and May hiring increases were concentrated in lower-paying industries like leisure and hospitality, while professional sectors like banking and tech weren’t doing as well.

A new survey from the consumer marketing company Big Chalk Analytics finds that GLP-1 use could shave up to 2.7% off grocery store sales this year.

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.

More-expensive energy has the knock-on effect of increasing the costs of goods and services.