Wages are growing, but not as quickly as they were at this time last year, according to the latest numbers from the Bureau of Labor Statistics. It’s hard to get a raise when people aren’t changing jobs.
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.
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.
It wasn't that long ago that a typical starter home might have been an urban condo. But now that people are waiting longer to buy a home, they're often looking in the suburbs.
AI data centers require all kinds of materials — from copper to computer chips — which is driving up prices for other products that also need those resources.
