With inflation raging and the Federal Reserve raising interest rates again this week, one investment still…
Tag: price indices
Worker Pay and Benefits Rose 1.3% in Second Quarter
Worker pay and benefits are rising this year at the fastest pace on record, keeping pressure…
Inflation Hits Fresh Four-Decade High, According to Fed’s Preferred Measure
Inflation accelerated in June, measured by the Federal Reserve’s preferred gauge, driven by a jump in…
Manchin-Schumer Deal Would Have Moderate Inflation-Fighting Effect, Economists Say
Senate Democrats’ tax and spending proposal would likely help cool inflation slightly but most of the…
U.S. GDP Rose Slightly in Second Quarter, Economists Estimate
The U.S. economy expanded very modestly in the second quarter, economists estimate, as the housing market…
Diageo Boosted by Drinkers’ Growing Thirst for High-End Spirits
Listen to article (2 minutes) LONDON—Diageo PLC reported a surge in annual sales and profit, buoyed…
How the Fed Could Lose Its Nerve
As part of its effort to cool down the economy, the Federal Reserve ratcheted up rates…
The Hail Mary for Investors
Call it the Hail Mary approach. Stocks are trying for a desperate recovery from the failure…
IMF Again Cuts Global Growth Forecast Amid Inflation, War in Ukraine
WASHINGTON—The International Monetary Fund lowered its outlook for global economic growth again for 2022 and 2023,…