Tag: Inflation (Economics)
Stock Market Drop Accelerated as Recession Seemed More Likely
Investors had an awful start to the year as stocks twice entered bear market territory, falling more than…
Manchin Pulls Plug on Climate and Tax Talks, Shrinking Domestic Plan
WASHINGTON — Senator Joe Manchin III, Democrat of West Virginia, pulled the plug on Thursday on negotiations to…
Democrats Face Deepening Peril as Republicans Seize on Inflation Fears
WASHINGTON — Triple-digit gasoline bills. Bulging hamburger prices. A Fourth of July holiday that broke the bank.Prices are…
Inflation Soared in June, Pinching Consumers and Challenging Policymakers
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a…
Gas Prices, a Big Inflation Factor, Are Coming Down Sharply
HOUSTON — Gasoline prices, on an upward tear for months, have reversed course in recent weeks, giving consumers…
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia…
What’s Up With the Crazy Housing Market?
But if you need a home now — and you can stomach the roller coaster — the world…
Relief Eludes Many Renters as Fed Raises Interest Rates
Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the…
Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings…
Biden Promised to Stay Above the Fray, but Democrats Want a Fighter
WASHINGTON — Forty-eight hours after a horrific mass shooting on the Fourth of July, President Biden flew to…
Fed Moves Toward Another Big Rate Increase as Inflation Lingers
WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of…
Veterans of Carter-Era Inflation Warn That Biden Has Few Tools to Tame Prices
WASHINGTON — When inflation surged in the late 1970s, President Jimmy Carter convened his top economic advisers for…