The damage of the economy’s ‘temporary burst of inflation’ could stick around for years to come, says Paul Krugman

By Fresh veggies and herbs are a staple of longevity diets. d3sign/Getty ImagesThe US economy defied most inflation and employment recovery predictions.However, economist Paul Krugman argues inflation created lasting psychological and political damage.The disconnect between the economy’s performance and people’s perceptions could impact coming elections.Inflation is coming back down, but it may still have a…

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Will Dow Stock Recover To Its Pre-Inflation Shock Highs?

By More From ForbesSep 6, 2023,08:55am EDTWhat To Expect From c3.AI’s Earnings Today”,”scope”:{“topStory”:{“index”:2,”title”:”What To Expect From c3.AI’s Earnings Today”,”image”:”https://specials-images.forbesimg.com/imageserve/64f87194e123661c2d86eae0/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Sep 6, 2023″,”hourMinute”:”08:43″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1694004230115},”uri”:”https://www.forbes.com/sites/adamsarhan/2023/09/06/what-to-expect-from-c3ais-earnings-today/”}},”id”:”29cko6bke3p000″},{“textContent”:”Sep 6, 2023,08:00am EDTBarrick Stock Trades Below Intrinsic Value Despite Firm Gold Prices And A Strong Production Outlook”,”scope”:{“topStory”:{“index”:4,”title”:”Barrick Stock Trades Below Intrinsic Value Despite Firm Gold Prices And A Strong Production Outlook”,”image”:”https://specials-images.forbesimg.com/imageserve/64f804b1658706d7641e8171/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Sep 6, 2023″,”hourMinute”:”07:00″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1693998057000},”uri”:”https://www.forbes.com/sites/greatspeculations/2023/09/06/barrick-stock-trades-below-intrinsic-value-despite-firm-gold-prices-and-a-strong-production-outlook/”}},”id”:”98nqakl1fldk00″},{“textContent”:”Sep 6,…

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With rates at a 22-year high, the $3,000 monthly mortgage payment becomes the norm

By: Mortgage rates, ratesIn the face of spiking interest rates and historically high home prices, $3,000 monthly mortgage payments are common in today’s housing market.According to Black Knight’s mortgage monitor report, the average principal and interest payment among borrowers purchasing a home using a 30-year fixed-rate loan hit its highest point ever in July at…

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