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Stories Tagged as

Inflation

Tourists return to Turkey as cheap lira offers luxury living for a fraction of the price

by Victoria Craig
Feb 8, 2022
"We feel super rich," one visiting couple said.
A Ukrainian tourist poses for a picture near the Hagia Sophia Mosque in Istanbul.
Bulent Kilic/AFP via Getty Images
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Will inflated prices come back down? Mostly no.

by Sabri Ben-Achour
Feb 8, 2022
When conditions leading to inflation ease, don't get your hopes up that prices will go the other way.
The prices of things that tend to be volatile, like energy, may dip when the factors that cause inflation ease. But goods like clothing or home appliances? Probably not so much.
Joe Raedle/Getty Images
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Increased costs for small businesses have many mulling 2022 price hikes

by Justin Ho
Feb 3, 2022
Raw material and shipping expenses have shot up. But price hikes aren't the only way business owners can cover their costs.
Companies big and small are struggling with how best to battle inflation — whether that means passing it on to customers or absorbing the costs.
Sean Gallup/Getty Images
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Rising commodity prices suggest more inflation is on the way

by Sabri Ben-Achour
Feb 2, 2022
The cost of commodities has gone way up, and spendy raw materials suggest more inflation in 2022.
The rising cost of commodities, like coffee and soybeans, indicate that inflation will stick around.
Joe Raedle/Getty Images
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My Economy

This Maine fishery owner tries to keep an even keel amid volatile scallop prices

by Richard Cunningham
Feb 2, 2022
"How do you set your price when you don’t know if it’s going to be $12 a pound or $37 a pound?" says Togue Brawn of Downeast Dayboat.  
Togue Brawn of Downeast Dayboat says this year, her price for scallops has "gone up and down pretty drastically, even from week to week, which is a little unsettling."
Jim Watson/AFP via Getty Images
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We know the Fed will raise interest rates soon. The question is: how many times?

by Justin Ho
Jan 31, 2022
It all depends on how much inflation the central bank sees in the economy.
Karen Bleier/AFP via Getty Images
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To fight inflation, restaurants get creative with menus, portions

by Kristin Schwab
Jan 31, 2022
The rising cost of food is hitting restaurants — and they can only raise prices so much before customers balk.
To avoid raising prices, some restaurants rearrange menus to hide dishes with the lowest profit margins. Sometimes the plate gets a little lighter.
Alex Edelman/AFP via Getty Images
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Consumers confidence drags while economy takes a roller coaster ride

by Mitchell Hartman
Jan 31, 2022
Higher wages and low unemployment are good news to people. Inflation isn't.
Spencer Platt/Getty Images
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Consumers feel the pinch as inflation, omicron drag on

by Amanda Peacher
Jan 28, 2022
Despite good economic data like GDP growth, many Americans are not optimistic.
Though the economic recovery is going strong, inflation is taking a toll on consumer sentiment.
Robyn Beck/AFP via Getty Images
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The statistic Fed Chair Powell uses to keep an eye out for wage inflation

by Mitchell Hartman
Jan 26, 2022
The central bank will scrutinize the employment cost index for 2021’s fourth quarter for signs that rising pay could fuel rising prices.
Federal Reserve chief Jerome Powell has turned his efforts toward containing inflation. The employment cost index is one of the economic indicators the Fed examines in setting monetary policy.
Graeme Jennings-Pool/Getty Images
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