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Inflation

For small businesses, optimism about the future continues to wane

by Justin Ho
Apr 12, 2022
Small business owners are to grappling with staffing shortages, supply chain issues and higher costs.
"We’re as concerned now as we were a year ago of our ability to survive this," said one small business owner.
Justin Sullivan/Getty Images
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U.S. inflation jumped 8.5% in past year, highest since 1981

by Associated Press
Apr 12, 2022
With this data, the Fed is expected to raise interest rates aggressively.
Gasoline prices hover around $4.00 a gallon for the least expensive grade at several gas stations in the nation's capital on April 11, 2022 in Washington, DC. The high fuel prices are a combination of the lingering effects of the coronavirus pandemic, supply chain breakdowns, high inflation and the ongoing invasion of Ukraine by Russia.
Chip Somodevilla/Getty Images
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Tater tot casserole without tater tots? Rising costs stress school lunch programs.

by Stephanie Hughes
Apr 11, 2022
Schools provide meals to millions of kids each day, and they're closely watching food inflation.
During the pandemic, most schools were able to offer free lunches under a federal waiver. But that waiver's set to expire this summer.
Michael Loccisano/Getty Images
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My Economy

Work is busy for this Denver-based travel agency

by Anais Amin
Apr 8, 2022
"Planning safaris in Africa are my absolute favorite," says Sarah Fazendin, founder of Videre Travel.
Sarah Fazendin
(Courtesy Fazendin)
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Why it's so hard to agree on the causes of inflation

by Amy Scott and Sean McHenry
Apr 4, 2022
As inflation hits 40-year highs on several key metrics, not all economists agree on the causes.
Saul Loeb/AFP via Getty Images)
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Inflation expectations are causing this toy store owner to stock up

by Sean McHenry
Apr 1, 2022
Irene Kesselman, owner of Ali Cat Toys, said her store's inventory is high leading up to Easter — partly because she wants to avoid future inflation.
"We have everything from plush Easter bunnies to Easter chocolate," said toy store owner Irene Kesselman. "As well as other things that are non-Easter that will go into a basket, like bath bombs and pencils and that kind of thing."
Andy Lyons/Getty Images
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Economic Pulse

Another cure for inflation? Making markets more competitive.

by David Brancaccio and Jarrett Dang
Apr 1, 2022
Companies facing few competitors can hike prices more easily than those in competitive markets.
"I like to say that we're not doing something new, we're doing something that people have done for thousands of years, which is use everything that's grown and not throw it out," says Anna Hammond, founder of Matriark Foods.
Patrick T. Fallon/AFP via Getty Images
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Small businesses that provide services face a pricing dilemma

by Savannah Maher
Mar 31, 2022
Customers are coming back to businesses like restaurants and day spas, but with costs going up, how much should businesses charge?
Restaurants, spas and other service businesses are adjusting their prices to cope with supply chain issues and inflation.
Patrick T. Fallon/AFP via Getty Images
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Wages rise ... but prices rise more

by Mitchell Hartman
Mar 31, 2022
If wages were to rise as fast as prices right now, it could lead to a wage-price spiral, something the Fed is trying to prevent.
Wage increases aren't keeping up with inflation, but experts say it will even out soon.
Justin Sullivan/Getty Images
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What does it mean when the Federal Reserve uses its “tools”?

by Kai Ryssdal and Daisy Palacios
Mar 29, 2022
The Fed’s tools can only go so far. “All of this activity relies on the other institution at the end of the transaction,” said economics professor Nina Eichacker.
Fed Chair Jerome Powell speaking last week at the NABE Economic Policy Conference. "We aim to use our tools to moderate demand growth, thereby facilitating continued, sustainable increases in employment and wages," he said.
Samuel Corum/Getty Images
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