Consumer prices rose 6.8% in June from a year earlier, as measured by the Commerce Department’s personal-consumption expenditures price index. Photo: Brandon Bell/Getty Images by Gwynn Guilford, The … [Read more...] about Inflation Hits Fresh Four-Decade High, According to Fed's Preferred Measure
inflation
The Inflation Tax on Workers
Average real weekly earnings are down 4.4% in the last 12 months. by The Wall Street Journal Editorial Board, July 13, 2022 Well, that was ugly. Inflation in June roared to its highest mark to … [Read more...] about The Inflation Tax on Workers
Nevada: We’re in the Money
Las Vegas Review-Journal Editorial Board, June 11, 2022 Nevada families struggle as inflation nears 9 percent and gasoline prices approach $6 a gallon. But in Carson City, they’re singing “Happy … [Read more...] about Nevada: We’re in the Money
Inflation Eclipses Historically Strong Wage Gains
Wage gains could be starting to cool as employers are hiring at a robust rate. Photo: Joe Raedle/Getty Images by David Harrison, The Wall Street Journal, May 6, 2022 Wage increases are settling at a … [Read more...] about Inflation Eclipses Historically Strong Wage Gains
Americans Feel Inflation Fatigue, and Some Companies See a Breaking Point
Some manufacturers such as Whirlpool said sales remain well above prepandemic levels. Still, U.S. consumer spending on durable goods fell in March. Photo: michael reynolds/EPA/Shutterstock by … [Read more...] about Americans Feel Inflation Fatigue, and Some Companies See a Breaking Point