By Water and sewerage prices rose by 26.1% in April, which the ONS said was the largest rise for 37 years, since official records began. A sharp jump in the cost of airfares compared to April last year also helped drive up inflation.The later Easter this year is thought to have contributed to the rise…
By President Trump’s new tariffs could cause prices to rise for consumers and induce a period of slowing economic growth. Right now, there are only seven public companies that are trading at a market capitalization north of $1 trillion. The exclusive list of trillion-dollar stocks includes Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, and Berkshire…
By Egg prices are not the only thing pressuring household budgets. Something even more essential is creating the latest inflation headache: water. The latest Consumer Price Index report showed the cost of water, sewer, and trash collection services rose at an annualized rate of 4.9% in March versus an overall CPI increase of 2.4%. The…
By POWDER SPRINGS, GEORGIA – OCTOBER 28: Republican presidential nominee, former U.S. President Donald … More Trump arrives to a Q&A with Pastor Paula White at the National Faith Advisory Summit on October 28, 2024 in Powder Springs, Georgia. With eight days left until the election, Trump is expected to continue visiting battleground states through…
By POWDER SPRINGS, GEORGIA – OCTOBER 28: Republican presidential nominee, former U.S. President Donald … More Trump arrives to a Q&A with Pastor Paula White at the National Faith Advisory Summit on October 28, 2024 in Powder Springs, Georgia. With eight days left until the election, Trump is expected to continue visiting battleground states through…
By President Donald Trump has wasted little time starting to undo one of his predecessor’s worst policies − the 2022 Inflation Reduction Act (IRA). On his first day back in office, Trump signed an executive order halting the IRA’s boondoggle green-energy grants.That action − while sorely needed − only begins to curtail the damage the…
By The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday. The Fed chair’s remarks come two days after Trump unveiled sweeping tariffs that have upended the global economy and sent stock prices in…
By Stephen Nalley is the Founder & CEO of Black Briar Advisors.getty The hospitality industry has always been a dynamic and evolving space, but few challenges have tested its resilience like the post-Covid economic environment. As an investor and operator in the hospitality sector, I have witnessed firsthand how inflation has driven up costs, squeezed…
By Inflation eats away at your portfolio gains and it makes groceries more expensive. Everybody hates it.Or so it seems.Despite promising to end inflation “starting on Day 1,” President Donald Trump may benefit from it. And some experts think inflation could be a feature, not a bug, of Trump’s presidency.Namely, inflation could be Trump’s secret…
By Federal Reserve Bank of Boston President Susan Collins said it looks “inevitable” that tariffs will boost inflation, at least in the near term, adding it’s likely appropriate to keep interest rates steady for longer.While tariff-driven inflation could prove short-lived, Collins said it’s possible price pressures could prove more persistent.“It looks inevitable that tariffs are…