The average household is spending an extra $250 a month, or $3,000 per year, due to high inflation — but middle-aged Americans are paying even more
Inflation is running hot, but not everyone is feeling the burn. The latest edition of the consumer price index showed that inflation was running at...
Don’t Expect Rising Interest Rates to Boost Your Savings Account
Interest rates are about to rise. Savers shouldn’t get their hopes up. The Federal Reserve has signaled it will raise rates in March, the first...
The most small businesses since 1974 are raising prices due to inflation, NFIB says
The number of small businesses that raised prices on customers in January rose to a 48-year high, reflecting higher costs of labor and materials amid...
Turkish president Erdoğan fires government statistics chief as inflation rate skyrockets
ISTANBUL (AP) — Turkey’s president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics, among other data,...
$30 Trillion in Government Debt and Counting
By The Editorial Board Close The Editorial Board Updated Feb. 2, 2022 10:01 pm ET Photo: Getty Images News Tuesday that gross U.S. government debt...
Stemming a Sovereign-Debt Crisis – WSJ
Rising interest rates and slowing global economic growth likely will spur many low-income countries to try to restructure their sovereign debt. This is troubling because...
IMF Says China’s Economic Imbalances Have Worsened
Imbalances in the Chinese economy have worsened and delayed China’s transition to consumption-led growth, the International Monetary Fund said in an annual review on Friday,...
The Fed Is Ignoring the Money Supply and Letting Inflation Rip
Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the author: Robert Heller is a former member of...
Fed’s Bullard: Four Interest Rate Rises in 2022 Now Appear Likely
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank will need to move more aggressively on rate rises this year...
Gold logs highest price of 2022 so far because its ‘a rocket ship and inflation is its fuel’
Gold futures climbed on Wednesday for a fourth straight session, settling at their highest level of the year so far, as the U.S. dollar and...