inflation Archives - Marketplace

Summer EBT will help families buy groceries. But 14 states are opting out.

by Savannah Maher

Apr 12, 2024

Administrative costs and a lack of political will are leading some states to turn down a new food aid program for children.

While $40 per child per month may not solve child food insecurity, it could help families that struggle with grocery costs.

Robyn Beck/AFP via Getty Images

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Home prices have risen 423% in 40 years, fueling economic discontent

by Mitchell Hartman

Apr 9, 2024

From 1984 to 2023, the median cost of a new home rose from $79,900 to $417,700, more than double the rate of overall price inflation.

This is not the first time America has dealt with rapid, destabilizing price increases, says Thomas Stapleford, economic historian at the University of Notre Dame.

Justin Sullivan/Getty Images

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Wage growth outpaced inflation in March

by Mitchell Hartman

Apr 5, 2024

That's good for workers, who have been experiencing positive real wage growth since May 2023.

“And so workers are coming out ahead. They’ve now experienced positive real wage growth since May of 2023,” says Julia Pollak at ZipRecruiter.

Nature via Getty Images

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Fed Chair Powell: Interest rates likely won't return to "historically low levels" before the pandemic

by Kai Ryssdal , Sean McHenry and Andie Corban

Mar 29, 2024

Powell discusses how monetary policymakers arrive at consensus, the value of transparency and the issues that influence interest rate decisions.

"Marketplace" host Kai Ryssdal interviews Jay Powell, head of the Federal Reserve.

Courtesy Federal Reserve

What does the Fed mean when it says it's looking for 'good data'?

by Kristin Schwab

Mar 28, 2024

The latest Personal Consumption Expenditures index, or PCE, will be released Friday. Experts say there are other clues the Fed is looking for, too.

Basically, the Fed needs to feel the way it felt at the end of 2023 when inflation had been falling for half a year, says former Minneapolis Fed President Narayana Kocherlakota.

Chip Somodevilla/Getty Images

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As higher-income households do more shopping at Walmart, the store is stocking fancier brands

by Kristin Schwab

Mar 22, 2024

The fluorescent lit aisles of big box stores don’t scream luxury. But for certain items, consumers just don’t care.

Scott Olson/Getty Images

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Unilever is planning to spin off its ice cream assets

by Sabri Ben-Achour

Mar 19, 2024

The move, which would see Ben & Jerry's moved to a stand-alone unit, is part of a corporate restructuring.

Unilever and its new CEO want to cut out what’s not doing well and prioritize what they do best.

Michael M. Santiago/Getty Images

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Recent immigrants have filled labor gaps, boosted job creation, experts say

by Sabri Ben-Achour

Mar 15, 2024

There has been a wave of migration to the U.S. — legal and not — since 2022. Many who entered are finding and keeping jobs.

In 2022 and 2023, 5.9 million people migrated to the U.S., according to the Congressional Budget Office.

Saul Loeb/AFP via Getty Images

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Import prices rose more slowly in February. That could help bring down inflation.

by Justin Ho

Mar 15, 2024

The Labor Department reported that the price of imported goods rose 0.3% in February compared to 0.8% the month before.

Prices at the import level can affect prices that show up in other inflation data.

Julia Nikhinson/AFP via Getty Images

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Chile cuts its working week to from 45 to 40 hours

by Jane Chambers

Mar 13, 2024

Chile has approved a law saying that businesses need to cut their employees' hours from 45 hours to 40 hours a week to help give everyone a better work-life balance.

Employees at the company office of Home Mobili in Santiago, Chile.

MARTIN BERNETTI/AFP via Getty Images

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Inflation

Summer EBT will help families buy groceries. But 14 states are opting out.

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Home prices have risen 423% in 40 years, fueling economic discontent

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Wage growth outpaced inflation in March

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Fed Chair Powell: Interest rates likely won't return to "historically low levels" before the pandemic

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What does the Fed mean when it says it's looking for 'good data'?

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As higher-income households do more shopping at Walmart, the store is stocking fancier brands

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Unilever is planning to spin off its ice cream assets

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Recent immigrants have filled labor gaps, boosted job creation, experts say

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Import prices rose more slowly in February. That could help bring down inflation.

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