By From 5h agoHunt: inflation still ‘causing enormous pressure on families up and down the country’The chancellor, Jeremy Hunt, has said inflation is “causing enormous pressure on families up and down the country” in a glossy promo video issued by the Treasury this morning.In the clip, Hunt says: “There is absolutely no room for complacency…
By It’s been one year since President Biden passed his administration’s Inflation Reduction Act. The bill’s original objectives were to create 9 million U.S. jobs and reduce carbon emissions by over 40 percent by 2030. Experts continue to ponder whether the act’s goals are feasible and how much it will benefit the U.S. economy.The Inflation…
By Business Of Sports If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance…
By IE 11 is not supported. For an optimal experience visit our site on another browser.Now PlayingInflation driving business boom at dollar stores05:18UP NEXTHawaii state toxicologist urges caution amid wildfire cleanup04:22’Blind Side’ subject Michael Oher says adoption by Tuohy family was a lie03:34Hawaii wildfire survivor: ‘There’s nothing left of my home’03:56Lahaina woman says she did…
By China News Service via Getty ImagesTL;DR Both the CPI and PPI inflation figures have come in this week, with CPI coming in slightly below expectations and PPI coming in slightly above It means we may not have seen the end of rate rises, which could still push the economy into a recession Problems in…
By Former White House economist Kevin Hassett shares what to expect ahead of the release of July’s CPI on ‘The Evening Edit.’ A high-stakes inflation report due Thursday expects to show that price pressures within the economy heated in July for the first time in more than a year. Economists expect the consumer price index,…
By ___US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mileWASHINGTON (AP) — Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years….
By For all the talk that US inflation is cooling, it sure doesn’t feel like anything is getting cheaper. That’s because most things aren’t. Inflation is expressed as a rate of change, and it is true that prices are in fact growing at a slower rate — what’s known as disinflation. But to the average…
By More From ForbesAug 7, 2023,07:26pm EDTDeveloper Weakness Halts Gains In Hong Kong, Internet Stocks Flat Before Earnings”,”scope”:{“topStory”:{“index”:2,”title”:”Developer Weakness Halts Gains In Hong Kong, Internet Stocks Flat Before Earnings”,”image”:”https://specials-images.forbesimg.com/imageserve/64d11a2eedd6e46a9265f247/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 7, 2023″,”hourMinute”:”12:43″,”amPm”:”pm”,”isEDT”:true,”unformattedDate”:1691426611050},”uri”:”https://www.forbes.com/sites/brendanahern/2023/08/07/developer-weakness-halts-gains-in-hong-kong-internet-stocks-flat-before-earnings/”}},”id”:”cfhk812ojrnc00″},{“textContent”:”Aug 7, 2023,11:01am EDTWhy The Stock Buyback Craze Will Continue—Look At Trex’s Example”,”scope”:{“topStory”:{“index”:4,”title”:”Why The Stock Buyback Craze Will Continue—Look At Trex’s Example”,”image”:”https://specials-images.forbesimg.com/imageserve/64d1010c81a339dd5d034c63/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 7, 2023″,”hourMinute”:”10:43″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1691419413996},”uri”:”https://www.forbes.com/sites/lawrencelight/2023/08/07/why-the-stock-buyback-craze-will-continue-look-at-trexs-example/”}},”id”:”bjq9cel74oc000″},{“textContent”:”Aug 6,…
By Wall Street’s newfound faith in a soft landing faces a big test later this week with an economic report that could paint a deceptively benign inflation picture. The consumer price index, a widely followed gauge of goods and services costs across the U.S. economy, is expected to show a 0.2% increase in July, according…