Economists hoped that as households shifted spending back to services, price gains would cool. That effect might be less pronounced now.
Tag: Inflation (Economics)
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Biden Plan Would Release a Million Barrels of Oil a Day From Reserve
A release of up to 180 million barrels in all, over 180 days, is aimed at helping ease prices at the pump.
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Want a Value-Priced Gadget? Good Luck.
More Americans than ever are buying fancy phones and laptops. Will it last?
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How Rising Prices Are Affecting America’s Boom
The Fed, fiscal policy and food prices are putting the brakes on America’s boom.
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Workers Are Still in High Demand, Department of Labor Reports
The job market remained very strong last month, suggesting that workers remain in high demand and are still quitting more often, a Labor Department report showed.