America’s first inflation crisis in decades, combined with the Federal Reserve’s aggressive interest rate hikes to combat it, has made for a
Tag: consumer prices
New Zealand election: Voters goes to the polls in a narrow race
CNN — New Zealand goes to the polls Saturday in a general election that’s shaping up to be a tight race between
Social Security: Senior citizens will see a much smaller COLA increase for 2024
CNN — Social Security recipients will receive an annual cost-of-living adjustment of 3.2% for 2024, a much smaller increase than the inflation-fueled
Weight loss drugs haven’t hurt Pepsi’s business, CEO says
New York CNN — Snack and beverage maker PepsiCo has so far seen “negligible” impact on its business from drugs used for
Government shutdown would leave the Fed flying blind
Washington, DC CNN — In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing
The latest data signals the Fed will pause next week and keep future rate hikes on the table
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
China’s economic data improves in August, suggesting downturn in growth may be stabilizing
Hong Kong CNN — Economic activity in China appeared to improve in August, with data released on Friday suggesting a downturn in
US retail spending picked up in August, mostly due to sales at gas stations
Washington, DC CNN — US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly.
The problem with labor data in understanding inflation
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right
Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft
New York CNN — Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including weaker consumer
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