Erin and Dave Sheffield of Buffalo, New York, met dumpster diving at a local university. Now they’ve taken their hobby to the next level.

The central bank watches for signs of wage inflation because it can drive price inflation.

The tight job market means it’s been years since Matt Gehman has hired new qualified employees at MMG Industrial and Metal Locking Service.

“This was the first time I saw the data match to a human experience,” says Nela Richardson, ADP’s chief economist.

Employers keep looking for workers to meet consumer demand, though there are signs the labor market may cool down.

Jerry and Lou Jacobs, co-CEOs of global hospitality company Delaware North, say inflation is a bigger concern than labor right now.

Over the past few years, pay for low-wage workers in the city has risen more than 40%, according to one analysis.

Audiences have not returned to pre-pandemic numbers, while inflation and supply chains have raised the price of productions. 

Treasury’s website was overwhelmed as investors clamored for the inflation-adjusted savings bonds to lock in a 9.62% rate.

Though the Federal Reserve’s actions are being felt throughout the economy, stabilizing prices could take 12 to 18 months.