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Stories Tagged as

Inflation

Why gas prices are trending downward

by Mitchell Hartman
Dec 14, 2023
Several factors are keeping prices at the pump low — including the greater number of EVs and hybrids on the road.
Gas inflation is down nearly 9% year-over-year. 
Brandon Bell/Getty Images
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Is cost of housing the culprit for pessimism about economy?

by Samantha Fields
Dec 12, 2023
Inflation dipped slightly, but housing remains the biggest driver of rising prices.
Rents have gone up almost 30% just in the last couple of years. And high mortgage rates mean buying is out of reach for many current renters.
Spencer Platt/Getty Images
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Small business optimism ticked down in November

by Mitchell Hartman
Dec 12, 2023
The National Association of Independent Business's small business optimism index has been below its historical average for nearly two years.
While the labor shortage have been easing, it's still a persistent issue for small businesses.
Scott Olson/Getty Images
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Fed meets this week to assess inflation fight

by Mitchell Hartman
Dec 11, 2023
Consumers are now more upbeat, convinced inflation is heading down, according to the University of Michigan Consumer Survey for December.
Whatever officials at the Federal Reserve think about their inflation fight, consumers appear to have decided they’ve won.
Chip Somodevilla/Getty Images
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Venezuela's 360% inflation fuels migration, poverty

by Catherine Ellis
Dec 6, 2023
While the economy is slowly improving, a quarter of Venezuela's population has left the country as high inflation and low wages persist.
A man counts cash to buy groceries in a Caracas supermarket. Prices are beyond the reach of many Venezuelans.
Federico Parra/AFP via Getty Images
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The rural-urban income divide persists, and it may be widening

by Elizabeth Trovall
Nov 30, 2023
Cities are home to high-paid business services and rural areas have lost manufacturing, contributing to the 23% gap in earnings.
While the gap between the earnings of rural and urban workers is growing, inflation is a particular problem for rural residents. Above, a truck carries livestock feed near Wray, Colorado.
Spencer Platt/Getty Images
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How inflation is impacting holiday ads

by David Brancaccio and Erika Soderstrom
Nov 30, 2023
Advertisers are taking current market conditions into consideration when competing for consumer dollars.
A screenshot from Chevy's 2023 holiday ad, which features a family grappling with the effects of Alzheimer's. Some advertisers are ploying to viewers' emotions to distinguish their brands this year.
Chevrolet/General Motors via YouTube
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The long-expected consumer pullback may finally be materializing

by Kimberly Adams
Nov 29, 2023
We spent more over the holiday, but we bought less — thanks to inflation.
While consumers spent a couple percent more this Black Friday weekend than last, they didn’t necessarily buy more.
Yuki Iwamura/AFP via Getty Images
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Loan applications are down, rejections are up. This could be good for taming inflation.

by Stephanie Hughes
Nov 20, 2023
The application rate for any kind of credit dropped to just over 41% this year from nearly 45% in 2022, according to a Fed survey.
Justin Sullivan/Getty Images
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A Warmer World

Climate change effects likely to include long-term inflation

by Henry Epp
Nov 14, 2023
The fifth National Climate Assessment says climate change will continue to nudge household spending higher in many categories — including health, food and home repair.
In June, smoke from Canadian wildfires drifted over New York City and obscured the Manhattan skyline. Increased air pollution could lead to higher health care costs.
Leonardo Munoz/AFP via Getty Images
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