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High temperatures can lead to price spikes and headline inflation, a study finds. Sarah Kaplan of The Washington Post explains.
The short answer? You can never have enough data.
Raises in real earnings help offset price increases but not all consumers share the benefits equally.
The mood among businesspeople is better than it has been this year, but they’re still more pessimistic than the historical average.
Investors are often wary of inflation. But those higher prices can bring benefits to companies.
As record sales declined, concert ticket sales became the big moneymaker for artists.
Average wage growth has slowed in recent months, though according to the May jobs report, it’s still ahead of inflation.
But some economists say the relationship between inflation and employment is not as black and white as it used to be.
Voting in the U.K.’s general election takes place on Thursday, and the economy has been at the center of the campaign.
It’s taking a longer time for the broader economy to feel the impact of higher interest rates, in part because of debts locked in when rates were lower.
