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Tag: inflation

NORTH MIAMI - FEBRUARY 20: Evelyn Bonilla shops for groceries at Lorenzo's Supermarket as a new government report showed that consumer prices rose last month Februrary 20, 2008 in North Miami, Florida. The Consumer Price Index rose 0.4 percent from increases in the cost of food, energy and health care. (Photo by Joe Raedle/Getty Images)

Inflation Hotspots Revealed: The Most Affected Cities in the U.S.

According to a recent study, the city of Denver in Colorado has the fastest-growing inflation rate of any other city in the United States.

Read More Inflation Hotspots Revealed: The Most Affected Cities in the U.S.
A woman counts money outside a U.S. remittance collection agency in San Isidro, 70 km northeast of San Salvador, on June 10, 2020, amid the new coronavirus pandemic. - The drop of remittances, which represents the 16% of the gross domestic product (GDP) of El Salvador, is attributed to the loss of jobs in the US due to the COVID-19 pandemic. GUatemala and Honduras have also seen their incomes reduced. (Photo by MARVIN RECINOS / AFP) (Photo by MARVIN RECINOS/AFP via Getty Images)

July Jobs Report: 187,000 New Jobs Added; Unemployment Rate Drops to 3.5%

The July monthly jobs report is out, showing that U.S. employers added 187,000 jobs. The unemployment rate also decreased from 3.6% to 3.5%.

Read More July Jobs Report: 187,000 New Jobs Added; Unemployment Rate Drops to 3.5%
Housing Markets Shows Signs Of Cooling Off MIAMI, FLORIDA - MAY 10: In an aerial view, single family homes are shown in a residential neighborhood on May 10, 2022 in Miami, Florida. New published data has hinted at improvement in the supply of homes for sale as April's numbers show inventory down 12 percent from the same month last year, the smallests yearly decline since the end of 2019. (Photo by Joe Raedle/Getty Images)

Miami Population Drops For First Time In Over 50 Years

Miami-Dade County saw the first population decline in the region’s history as a result of rising home prices.

Read More Miami Population Drops For First Time In Over 50 Years
The Federal Reserve Board logo in Washington, DC on May1, 2019. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

Federal Reserve Raises Interest Rates Again, Highest in 22 Years – Expert Analysis Follows

The Federal Reserve resumed its aggressive rate hikes to tackle inflation, raising the interest rate by a quarter-point today.

Read More Federal Reserve Raises Interest Rates Again, Highest in 22 Years – Expert Analysis Follows
TOKYO, JAPAN: Pedestrians are reflected on a share prices chart at downtown Tokyo 19 May 2005. Japanese share prices rose 241.75 points to close at 11,077.16 points at the Tokyo STock Exchange, supported by further sharp gains on Wall Street overnight after tame US inflation figures and a drop in crude oil prices. AFP PHOTO/Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP via Getty Images)

Slowing inflation rates and Goldman Sachs forecasts India and China to surpass U.S. economy

New inflation data shows that the rates are slowing down compared to the record highs.

Read More Slowing inflation rates and Goldman Sachs forecasts India and China to surpass U.S. economy
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve reinforced its inflation fight Wednesday, Dec. 14, 2022, by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. (AP Photo/Andrew Harnik, File)

Inflation cools, but still well above the Federal Reserve’s target rate of 2% 

Inflation cools to 4%, that’s the lowest in 2 years, but it’s still well above the pre-pandemic average and the Fed’s target rate of 2%.

Read More Inflation cools, but still well above the Federal Reserve’s target rate of 2% 

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SOUTH HAVEN, MICHIGAN - JULY 4: California Gov. Gavin Newsom campaigns for President Joe Biden at the Van Buren County Democratic Party's
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