Inflation

By Friday the 13th didn’t spook investors with U.S. stocks little changed on the day as investors bided time until the Federal Reserve meeting on Wednesday.The broad S&P 500 index dipped 0.16 point, or essentially stayed flat, to close Friday at 6,051.09. For the week, it slipped 0.6% to snap a three-week winning streak.The blue-chip…

By Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month’s CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers,…

By Prices in this economy of ours rose 0.3% last month, according to the November consumer price index. That’s the highest number we’ve seen in seven months.  Meanwhile, annual inflation has been rising each month for three months: Annual inflation back in September was 2.4%, in October the number grew to 2.6%, and in November…

By New University of Michigan Consumer Sentiment Index data shows how Republicans and Democrats have very different inflation expectations, with a noticeable change now that President-elect Trump is returning to office. Asking for a Trend Host Julie Hyman discusses why these expectations are so significant. To watch more expert insights and analysis on the latest…

By More From ForbesDec 1, 2024,09:09am ESTScott Bessent Appointment Makes This 11% Yield A ‘Screaming Buy’”,”scope”:{“topStory”:{“index”:2,”title”:”Scott Bessent Appointment Makes This 11% Yield A ‘Screaming Buy’”,”image”:”https://specials-images.forbesimg.com/imageserve/6745f95d9956c3e2ed40fe09/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 1, 2024″,”hourMinute”:”07:30″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1733056200000},”uri”:”https://www.forbes.com/sites/brettowens/2024/12/01/scott-bessent-appointment-makes-this-11-yield-a-screaming-buy/”}},”id”:”e57aq9r0g4p400″},{“textContent”:”Dec 1, 2024,07:30am ESTThis Week’s 4 Most Actively Traded Small Caps: The Daily Price Charts”,”scope”:{“topStory”:{“index”:4,”title”:”This Week’s 4 Most Actively Traded Small Caps: The Daily Price Charts”,”image”:”https://specials-images.forbesimg.com/imageserve/64d2ec8b37a7bc2da1d9d11b/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Nov 30, 2024″,”hourMinute”:”03:47″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1732999664194},”uri”:”https://www.forbes.com/sites/johnnavin/2024/11/30/this-weeks-4-most-actively-traded-small-caps-the-daily-price-charts/”}},”id”:”5do7j0hpe75400″},{“textContent”:”Nov 30,…

By As Thanksgiving festivities wind down, the focus shifts to shopping, with Black Friday marking the start of the holiday season. However, the traditional rush of long lines and crowded stores is evolving, largely due to the rise of online shopping.The shift also comes from sales starting earlier, with some experts dubbing it “Black November”…

By Long Island and national retailers will roll out discounts on Black Friday, hoping to draw customers to the unofficial kickoff of the holiday shopping season.Yet holiday retail spending is expected to grow modestly this year with  consumers still shell-shocked over recent years’ soaring inflation, retail experts said. The U.S. inflation rate has fallen after soaring to a 41-year high…

By Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure.  Yet, inflation seems to be on everyone’s minds. This month, higher prices helped deliver the presidency from the Democrats to Donald Trump. A CBS News Election Day poll showed three-quarters of voters considered inflation a hardship.  “I think that cumulative inflation is…

By Inflation, inflation, inflation. The Federal Reserve keeps poring over data, trying to figure out whether it should hold interest rates higher for longer, to make sure inflation comes down to its 2% target — or continue to cut, in December and again into next year, confident of having defeated the inflation beast.  The Atlanta…