Adventures in HousingDecoding DemocracyI've Always Wondered ...My Economy

Loading...

0:00
0% played
🖤 Donations of all sizes power our public service journalism Give Now
Stories Tagged as

Inflation

Corporate profits are up 10% over the same quarter last year

by Justin Ho
Dec 22, 2022
Here's a look at why American companies are making more money, and how they're spending it.
"Consumer demand has really held up much better than anyone really expected," said George Pearkes of Bespoke Investment Group.
Brandon Bell/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

As inflation hangs over the holidays, advertisers target feelings over products

by Kristin Schwab
Dec 22, 2022
Instead of displaying abundance of materials, ads are leaning into things like family time.
Some advertisers have shifted their focus away from the material this holiday season.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The Bank of Japan hints at end of ultra-low interest rates

by Justin Ho
Dec 21, 2022
Despite global and domestic inflation, Japan's central bank held interest rates near zero. But it's just hinted that this policy will change.
By letting interest rates go up, the Bank of Japan could make government bonds more attractive to investors.
Philip Fong/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Consumers have kept the economy humming. How long can they keep it up?

by Sabri Ben-Achour
Dec 20, 2022
Although they're contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.
With consumers racking up debt and burning through savings, economists expect a pullback in spending.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Economist El-Erian calls on the Fed to start “owning their mistakes”

by Kai Ryssdal , Andie Corban and Maria Hollenhorst
Dec 20, 2022
The prominent economist Mohamed El-Erian said the Fed is still “behind the curve” on inflation.
Mohamed El-Erian, chief economic adviser for Allianz, blames the Fed for failing to act sooner on inflation.
Rob Kim/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

We probably aren't in a recession — but these indicators will tell us if and when we are

by Mitchell Hartman
Dec 19, 2022
Some signs are already flashing red. Job creation and consumer spending, though, are still chugging along.
“The labor market is still strong," said ZipRecruiter's Julia Pollak. But if it weakens, the U.S. economy may have already entered a recession.
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The Fed wants to bring inflation down to 2%. But why not 3%? Or 5%?

by Matt Levin
Dec 15, 2022
There's not much evidence to suggest that 2% leads to economic magic.
Federal Reserve Chair Jerome Powell on Wednesday reiterated the importance of the central bank's 2% inflation target. Backing off that number now could send the wrong message, some economists believe.
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Fed hikes key rate by a half-point and signals more to come

by Associated Press
Dec 14, 2022
Though smaller than its previous three-quarter-point hikes, the move will further heighten the costs of many consumer and business loans.
One of Fed Chair Jerome Powell’s biggest focuses has been the price of services, which he said are likely to remain persistently high.
Chip Somodevilla/Getty Images
Share Now on:
SHARE

Inflation slows again. What now?

by Sabri Ben-Achour
Dec 13, 2022
Prices rose 7.1% in November compared to a year ago — less than expected.
The gas prices drivers paid at the pump dipped 2% in November.
Michael M. Santiago/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Inflation's "last mile" is the trickiest

by Sabri Ben-Achour
Dec 12, 2022
Fighting inflation starts like a sprint, but it's a marathon. And the last few miles are hardest.
Online prices and freight rates are down, pointing toward cooling inflation. But getting the rate back down to 2% will require a cooler labor market, says economist Sarah House.
Spencer Platt/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE