Only some will benefit from the coming “great wealth transfer.” Plus, wholesale inflation and the quest for a new hat manufacturer.
The producer price index calculates price inflation from businesses’ point of view — think labor costs or raw materials prices.
The banking sector has been moving away from charging overdraft fees for a few years now. CFPB scrutiny, along with the broader economy, has made it easier for banks to forgo that overdraft fee income.
We’re not relocating like we used to, thanks largely to the graying of the population, high home prices and remote work.
This past spring, Eric Bauer bought the Turner Hat Company, but looming tariffs have thrown a wrench in his plans for the company in 2025.
Inflation sent rates up at first. But factors like complex vehicle technology and climate change risk are keeping costs high.
Financial consultants predict older Americans will pass on $124 trillion, boosted by stocks and real estate, to heirs and charities through 2048.