Today, the U.S. Department of Labor released the consumer price index (CPI) for November, and inflation hit a 39-year high. Wall Street analysts and economists had generally expected to show the ...
Inflation eased slightly in April to an annual rate of 8.3 percent, down from an annual rate of 8.5 percent in March, according to data released Wednesday by the Bureau of Labor Statistics. The ...
The Federal Reserve has announced that it will raise its target interest rate to 1.25 percent to stave off inflation. The following provides a basic guide to inflation-what it is, how it works, and ...
If you’ve checked the news even once over the past few months (or tried to buy basically anything), you know the United States is currently dealing with a bit of an inflation problem. Compared to this ...
Yes, inflation is at a 40-year high, but you might not be feeling its sharp bite. It all depends on where you spend your money. The Consumer Price Index is a basket of thousands of goods and services.
• April is Financial Literacy Month in Bermuda and in the United States and the UK features Financial Awareness Days in April and May (Canada’s Financial Literacy Month is November). • I am hosting a ...
This makes sense to me, as everyone spends their money differently. Budgets tend to be more impacted in the areas where you absolutely need to spend money, or the non-discretionary part of your budget ...