What is shrinkflation? How companies hide inflation without increasing prices
If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.
If you haven’t seen a price increase on a product or service you purchased recently, chances are that the company may still be passing along the rising costs to you without the obvious price hikes.
Federal Reserve hikes interest rate to fight inflation, more to come
The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.
The Federal Reserve launched a high-risk effort to tame the worst inflation since the 1970s, raising its benchmark short-term interest rate and signaling potentially up to seven rate hikes this year.
Puerto Rico exits bankruptcy after grueling debt negotiation
Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.
Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt.
Uber adds fuel surcharge for drivers struggling with recent gas price hikes
The national average surpassed $4.35 on Thursday, and California is leading the way with the highest state average of $5.67 per gallon.
The national average surpassed $4.35 on Thursday, and California is leading the way with the highest state average of $5.67 per gallon.
Inflation rises to yet another new 40-year high in February
With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.
With inflation reaching yet another new 40-year high in February, economists have begun to question the Fed's ability to bring it back down.
Canned pet food shortage continues amid supply chain woes
The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.
The canned pet food industry continues to feel the burn as supply chain woes and increases in price leave many pet owners improvising their dog or cat’s next meal.
US inflation soared 7.9% in past year, a fresh 40-year high
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
February jobs report: US added 678,000 jobs in sign of economic health
U.S. employers added 678,000 jobs in February 2022 as omicron cases eased and unemployment fell to 3.8%.
U.S. employers added 678,000 jobs in February 2022 as omicron cases eased and unemployment fell to 3.8%.
Interest rates could increase more than traditional quarter-point, US Fed governor says
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
Rising gas prices: Ways to maximize your fuel economy
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.
American companies return to 'normal' operations as COVID-19 pandemic wanes
For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days.
For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days.
Super Bowl snacks cost more this year, thanks to inflation
With the big game right around the corner, inflation could end up throwing a penalty flag if you're purchasing food for a Super Bowl shindig.
With the big game right around the corner, inflation could end up throwing a penalty flag if you're purchasing food for a Super Bowl shindig.
5 ways to use your tax refund strategically
Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and it's possible to use this cash windfall to improve your financial situation.
Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and it's possible to use this cash windfall to improve your financial situation.
US inflation report: Consumer prices jumped 7.5% in past year, a 40-year high
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
U.S. inflation jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
What is the consumer price index and how is it used to measure inflation?
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services and is often used as a way to gauge inflation.
Gas prices reach 7-year high
The average price for a gallon of gasoline in the U.S. hit a seven-year high, according to AAA.
The average price for a gallon of gasoline in the U.S. hit a seven-year high, according to AAA.
US job growth soars past expectations with 467,000 added, shaking off omicron surge
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.
Starbucks to raise menu prices to offset inflation
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
Home Depot to hire over 100,000 employees in spring hiring blitz
Home Depot is planning to hire more than 100,000 employees ahead of the spring season.
Home Depot is planning to hire more than 100,000 employees ahead of the spring season.
Valentine's Day 2022: Spending expected to near $24B
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.
More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.