Employers get creative with inflation compensation

Aug 18, 2022
From early bonuses to gas cards and free lunch, companies offer perks to retain employees while struggling to keep their costs down.
To help workers deal with high prices, some employers have given bonuses or moved up pay increases. Other approaches include gasoline stipends or additional paid time off.
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Ice cream trucks struggle despite the heat

Aug 16, 2022
Ice cream trucks are raising prices to keep up with increasing costs. That's putting a chill in sales, Christina Morales of The New York Times reports.
As inflation heats up, ice cream truck drivers are being forced to raise prices.
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For Social Security recipients, "there’s no keeping up" with rising costs

Aug 15, 2022
The program is expected to provide a large benefits increase in 2023. Until then, many on fixed incomes have to tighten their budgets.
The Senior Citizens League estimates that Social Security recipients will see a 9.6% cost of living adjustment in the new year.
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Waiting for another inflation report, with concern

Aug 9, 2022
Wednesday the government will tell us how much prices changed year over year in July. Inflation was an alarming 9.1% in June.
While rising prices for services, like styling hair, worry economists, prices for some goods may be dipping.
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GDP dips by 0.9% in second quarter, but consumers are still spending

Jul 28, 2022
While consumers cut back on goods spending, spending on services jumped.
While consumer spending on goods dropped in the second quarter, services spending jumped.
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"Cut!" Hollywood looks for savings as costs rise.

"Productions have to start making choices" due to inflation and supply snags, says Winston Cho of The Hollywood Reporter.
Some producers are considering whether to cut or combine scenes to offset higher expenses, says Winston Cho of The Hollywood Reporter.
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Japanese shocked by rising prices after decades of economic stagnation

Jun 20, 2022
Japan had struggled to even reach the central bank inflation target of 2%.
Japanese consumers have come to expect stable prices, making it difficult for stores to consider increasing them.
Yuichi Yamazaki/Getty Images

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Just how high will interest rates go?

Apr 13, 2022
We don't know. But the Taylor principle says rates should increase at least to the level of annual inflation to control rising prices.
Among the Federal Reserve's biggest challenges is quelling consumer expectations of high inflation.
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Tater tot casserole without tater tots? Rising costs stress school lunch programs.

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.
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Inflation hits harder in rural areas

Feb 9, 2022
The consumer price index captures how much urban residents spend on goods and services, but it misses some of the nuance of rural life.
Gasoline, which has been going up in price, takes a larger bite out of many rural residents' budgets because they drive longer distances than urbanites do.
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