Consumer prices rose 10.5 percent in December, the second consecutive monthly decline, thanks to easing gasoline and clothing prices.
Tag: Prices (Fares, Fees and Rates)
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Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
Declines in overall inflation rates may bring comfort to consumers, but central bankers are still wary of drivers of persistently high prices.
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Tesla Cuts Prices Sharply as It Moves to Bolster Demand
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
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Inflation Is Slowing, Good News for American Consumers and the Fed
Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Uber Drivers Say They Are Struggling: ‘This Is Not Sustainable’
Their raise request was denied, while fees and car payments are cutting into their earnings. New data suggests they make less than cabbies.