#inflation

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Business
fromwww.mercurynews.com
16 minutes ago

Here's why everyone's talking about a K-shaped' economy

Higher-income Americans gain income and asset value while lower-income households face stagnant wages and rising prices, creating a K-shaped economic divergence.
#federal-reserve
fromFortune
1 hour ago
US politics

Who is Kevin Hassett? The rumored Fed pick says inflation is 'way down,' sees 'political bias' in jobs data, and suggested firing Powell over a renovation | Fortune

fromFortune
1 week ago
US politics

The latest Fed minutes read as another nail in the coffin for a December cut | Fortune

fromFortune
1 week ago
US news

Fed speeches reveal split that puts rate cut in jeopardy: persistent inflation vs 'low-hire, low-fire' labor market | Fortune

fromFortune
1 hour ago
US politics

Who is Kevin Hassett? The rumored Fed pick says inflation is 'way down,' sees 'political bias' in jobs data, and suggested firing Powell over a renovation | Fortune

fromFortune
1 week ago
US politics

The latest Fed minutes read as another nail in the coffin for a December cut | Fortune

fromFortune
1 week ago
US news

Fed speeches reveal split that puts rate cut in jeopardy: persistent inflation vs 'low-hire, low-fire' labor market | Fortune

#monetary-policy
fromFortune
6 days ago
Business

Wall Street is on tenterhooks about the Fed's 'rare, genuinely suspenseful' December meeting, because the committee itself doesn't know what to make of the data-or of each other | Fortune

fromFortune
6 days ago
Business

Wall Street is on tenterhooks about the Fed's 'rare, genuinely suspenseful' December meeting, because the committee itself doesn't know what to make of the data-or of each other | Fortune

Business
fromFortune
6 hours ago

The K-shaped economy means inflation hurts at the bottom and swells the assets at the top | Fortune

Higher-income Americans are gaining income and wealth while lower-income households face weaker income growth and rising prices.
#consumer-prices
fromTruthout
1 week ago
US politics

Trump Tells McDonald's Franchise Owners US Is in a "Golden Age" - the Stats, and Voters, Say Otherwise

fromTruthout
1 week ago
US politics

Trump Tells McDonald's Franchise Owners US Is in a "Golden Age" - the Stats, and Voters, Say Otherwise

Miscellaneous
fromIrish Independent
9 hours ago

Inflation shoots above 3pc for the first time since 2023

Annual inflation rose to 3.2% in November, driven by higher energy tariffs and elevated food prices, increasing pressure on household budgets.
Social media marketing
fromBuzzFeed
1 day ago

People Are Calling Out Things That Used To Be "Good" Until They Became Too Popular

Everyday affordable pleasures and bargains are becoming less accessible due to rising prices, commercialization, and influencer-driven demand.
Food & drink
fromFortune
2 days ago

McDonald's promoted its new $8 nugget combo meal, then got blasted online with complaints about affordability, quality and service | Fortune

McDonald's rolled out cheaper combo deals like an $8 10-piece Nugget meal but faced online backlash over price, perceived quality declines, and long drive‑through waits.
#social-security
from24/7 Wall St.
2 days ago

3 Stocks I think Should Be Included In Every Million Dollar Portfolio

Given the inflationary forces at play in recent decades, achieving a seven-digit portfolio isn't what it once used to be. In fact, most personal finance experts recommend that baby boomers have, on average, around $900,000 saved for retirement in order to maintain most individual's lifestyles over the course of retirement. Of course, those planning some fancy vacations or spending money at a greater rate will need well over $1 million to fulfill these goals.
Business
fromwww.nytimes.com
3 days ago

Video: Trump's Aid Cuts Are Replacing Fresh Food With Junk

We cut the eggs in half so that it stretches. We used to give out a whole dozen of eggs. Now we cut the dozens in half so they each get a half a dozen. We're in Georgia, where Jennifer Deal has been operating this food pantry for more than a decade. Now, for the first time, she's running out of food.
US politics
#holiday-spending
fromwww.cbc.ca
2 weeks ago
Canada news

Christmas presents, in this economy? How some people are shifting their spending | CBC News

fromwww.cbc.ca
2 weeks ago
Canada news

Christmas presents, in this economy? How some people are shifting their spending | CBC News

#black-friday
fromenglish.elpais.com
4 days ago
E-Commerce

The US is preparing for a Black Friday tempered by inflationary pressures

Consumers will spend significantly less during Black Friday–Cyber Monday as inflation reduces purchasing power, prompting retailers to intensify promotions to boost holiday sales.
fromwww.cbc.ca
1 week ago
Canada news

Retailers feel Black Friday pressure as Canadians expected to tighten spending | CBC News

Canadian retailers are turning Black Friday into an extended season and offering more discounts as consumers plan to spend less due to rising prices.
fromwww.cbc.ca
1 week ago
Canada news

Retailers feel Black Friday pressure as Canadians expected to tighten spending | CBC News

#food-insecurity
fromwww.npr.org
4 days ago
US news

For many, the holidays this year means having to make do with less

Rising food costs and disrupted SNAP benefits are forcing families to reduce holiday meals, take extra work, and increasing financial strain, stress, and social harms.
fromwww.amny.com
5 days ago
New York City

Editorial | Fighting NYC hunger during the holidays, and beyond | amNewYork

Rising inflation and job instability have increased food insecurity in New York, prompting charity and government food-distribution efforts like Catholic Charities' Thanksgiving program.
#bank-of-england
New York City
fromwww.amny.com
5 days ago

PHOTOS | Parade workers gear up for Macy's Thanksgiving Day Parade, inflating balloon characters | amNewYork

Macy's Thanksgiving Day Parade balloons are being inflated in NYC, featuring new characters like Buzz Lightyear, Mario, PAC-MAN, and Shrek's Onion Carriage.
#holiday-shopping
#retail-sales
#consumer-confidence
fromFast Company
6 days ago
US news

Consumer confidence falls to lowest level since April as Americans worry about inflation and jobs

fromFast Company
6 days ago
US news

Consumer confidence falls to lowest level since April as Americans worry about inflation and jobs

US politics
fromwww.aljazeera.com
6 days ago

Prices increase as Americans prepare for Thanksgiving

Key staples for Thanksgiving show mixed price signals: retailers present lower per‑person kit prices by shrinking contents, while official data points to higher turkey costs.
#cost-of-living
fromwww.mediaite.com
2 weeks ago
US politics

Marjorie Taylor Greene Warns White House That Gaslighting' on Affordability Is Infuriating' Voters: Don't Deny What's Happening'

fromwww.mediaite.com
2 weeks ago
US politics

Marjorie Taylor Greene Warns White House That Gaslighting' on Affordability Is Infuriating' Voters: Don't Deny What's Happening'

Business
fromTasting Table
6 days ago

'In This Economy?' - Costco's Prices For Crab Legs And Lobster Tails Leave Shoppers Shell-Shocked - Tasting Table

Costco's red king crab and lobster costs surged; a 10-pound wild-caught red king crab box is $330, and smaller packs remain expensive per pound.
US politics
fromTruthout
6 days ago

White House Touts "Economic Relief" as Data Shows Prices Rising Ahead of Thanksgiving

The Trump administration claims Thanksgiving economic relief despite evidence that inflation and key consumer prices, including gas and food, remain elevated or unevenly improved.
#uk-budget
fromwww.aljazeera.com
6 days ago
UK politics

Why the UK's 2025 budget has Rachel Reeves facing an impossible trilemma'

Rachel Reeves must restore the UK's deteriorating public finances while keeping pledged tax and spending commitments amid weak growth, high inflation, and rising national debt.
fromLondon Business News | Londonlovesbusiness.com
6 days ago
UK politics

FX markets prepare for rare 'Live Credibility Test' on Budget Day - London Business News | Londonlovesbusiness.com

Investors expect Chancellor Reeves to prioritise tax rises to close a £20–30bn fiscal gap, making credibility and inflation impact the pound's reaction.
fromGSMArena.com
6 days ago

Spotify to raise US subscription prices in Q1 2026

Back in August, Spotify announced a price hike for Premium users in markets across South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region. Now we hear that the Sweden-based music streaming company is preparing to raise subscription prices in the US as well. Citing three people familiar with the matter, the Financial Times reports that Spotify is preparing to raise subscription prices in the US in the first quarter of 2026 as it seeks to demonstrate sustained profitability.
Music
Business
from24/7 Wall St.
1 week ago

Can a $45k 401(k) at Age 29 Really Grow Into $4 Million?

A $45,000 401(k) at age 29 can grow to $4 million by retirement with consistent double-digit savings and strong long-term returns, but outcomes aren't guaranteed.
#tariffs
fromFortune
1 week ago
US politics

'It didn't have to be this way' - Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher | Fortune

fromwww.mediaite.com
1 week ago
US politics

How Much Does Your Arm Weigh?' Trump Treasury Secretary Serves Up Baffling Metaphor When Pressed On Whether Tariffs Are Driving Up Prices

fromFortune
1 week ago
US politics

'It didn't have to be this way' - Top economist warns affordability crisis will continue as tariffs and immigration crackdown send inflation higher | Fortune

fromwww.mediaite.com
1 week ago
US politics

How Much Does Your Arm Weigh?' Trump Treasury Secretary Serves Up Baffling Metaphor When Pressed On Whether Tariffs Are Driving Up Prices

#mortgage-rates
fromHomebuilding
1 week ago
Renovation

Falling inflation could lead to more affordable mortgages moving into 2026

Falling inflation and expectations of a December base-rate cut increase the likelihood of materially cheaper mortgages and improving affordability heading into 2026.
fromwww.housingwire.com
1 week ago
US news

Mortgage rates steady near 6.4%

30-year jumbo and FHA mortgage rates stayed near early-November lows after a 25-bps Fed cut while future cuts remain uncertain amid inflation and labor data.
Data science
fromwww.ocregister.com
1 week ago

California shoppers intensely searching for bargains

California searches for budget-related terms rose 12% year-over-year, reflecting increased consumer thriftiness amid post-pandemic inflationary pressure.
E-Commerce
fromFast Company
1 week ago

Ross and TJ Maxx are winning the retail wars as shoppers flock to off-price stores to battle higher costs

Shoppers are favoring off-price retailers like Ross, T.J. Maxx, and HomeGoods, driving higher foot traffic and strong earnings amid inflation.
Marketing
fromMarTech
1 week ago

Marketers navigating low consumer confidence amid high holiday sales | MarTech

Holiday shoppers are budget-conscious and cutting back, while nominal retail sales rise largely because of higher prices and concentrated spending by wealthier households.
US politics
fromwww.mediaite.com
1 week ago

Abby Phillip Calls Out Conservative Guest for Listening Comprehension' Problem

Trump falsely claimed Biden presided over the worst inflation ever, while polls show more voters blame Trump, not Biden, for the state of the economy.
US politics
fromwww.mediaite.com
1 week ago

Fox Anchor Delivers Devastating Trump Poll News With Side Dish of Positive Spin

A Fox News poll finds 62% of Americans blame President Trump for current economic conditions while some Thanksgiving food costs fell modestly.
#affordability
fromFortune
1 week ago
US politics

Trump tells Americans the economy is better than ever at McDonald's summit: 'This is also the golden age' | Fortune

fromFortune
1 week ago
US politics

Trump tells Americans the economy is better than ever at McDonald's summit: 'This is also the golden age' | Fortune

US politics
fromwww.mediaite.com
1 week ago

Trump's Handling of Economy Gets Lowest Mark of All Time in New Fox News Poll

President Donald Trump's approval ratings fell to multi-year lows, with just 38% approving his handling of the economy and 41% approving overall.
#energy-credits
fromIrish Independent
1 week ago
Europe politics

Taoiseach tells Mary Lou McDonald to 'cop on' as Sinn Fein leader says 'I don't need you to mansplain the economy to me' in Dail row

fromIrish Independent
1 week ago
Miscellaneous

Taoiseach tells Mary Lou McDonald to 'cop on' as Sinn Fein leader says 'I don't need you to mansplain the economy to me' in Dail row

fromIrish Independent
1 week ago
Europe politics

Taoiseach tells Mary Lou McDonald to 'cop on' as Sinn Fein leader says 'I don't need you to mansplain the economy to me' in Dail row

fromIrish Independent
1 week ago
Miscellaneous

Taoiseach tells Mary Lou McDonald to 'cop on' as Sinn Fein leader says 'I don't need you to mansplain the economy to me' in Dail row

UK politics
fromwww.independent.co.uk
1 week ago

Starmer refuses to rule out freezing income tax thresholds in Budget - live updates

Conservative and Reform MPs challenged the government over cancelled elections, inflation, and alleged broken budget promises during Prime Minister's Questions.
fromBitcoin Magazine
1 week ago

When The American Dream Feels Unaffordable, Bitcoin Is For Everyone Reveals Why-and How Bitcoin Offers A Hopeful Path Forward

Brunell helps readers understand why life feels increasingly unaffordable-and how Bitcoin can empower them to regain control and confidence. As housing, education, and everyday essentials rise faster than wages, Bitcoin Is for Everyone exposes the root cause: a broken monetary system. With clear, accessible storytelling, she explains how inflation and monetary manipulation have reshaped daily life and positions Bitcoin not as a trend, but as an innovation grounded in fairness and trust.
Books
US politics
fromPoynter
1 week ago

Trump cites Walmart's Thanksgiving deal as proof prices are falling, but the package shrank instead - Poynter

Walmart's advertised $40 Thanksgiving package is 27% cheaper than 2024 largely because items were removed or downsized, not because grocery prices fell overall.
fromFast Company
1 week ago

USPS is raising prices: What to know about package shipping, stamps, and other post office services in 2026

The U.S. Postal Service (USPS) is planning to increase the price of shipping. The good news is, the changes won't affect your holiday packages and won't raise the price of stamps. The changes go into effect next year on January 18, pending a review by the Postal Regulatory Commission (PRC). The move will raise prices approximately 6.6% for Priority Mail, 5.1% for Priority Mail Express, 7.8% for USPS Ground Advantage, and 6% for Parcel Select.
US news
#food-prices
fromTruthout
2 weeks ago

Vance Blames Immigrants, Biden in Response to Affordability Questions

The Trump White House "inherited this terrible inflation crisis from the Biden administration," Vance said.
US politics
US politics
fromFortune
2 weeks ago

The rural and urban halves of America don't agree on much, with a big exception: 'One thing that truly unites the country is economic angst' | Fortune

Rural Americans grew more optimistic while city residents became more pessimistic; economic anxiety about daily household costs and inflation unites communities.
fromwww.mediaite.com
2 weeks ago

CNBC's Joe Kernen Presses Kevin Hassett to Admit' Claim of Falling' Prices Is Not True'

One of the reasons people feel like they're not keeping up is because real average weekly wages fell during the Biden years because of the inflation, about $5,000. So it fell. However, the president is constantly saying prices have come down. Now, inflation is still 3% it's still too high! He continued: Now, oil prices, energy prices, there are certain things where they have come down, but when you keep saying prices are falling, that's not true
US politics
Canada news
fromwww.cbc.ca
2 weeks ago

Inflation edges down to 2.2% in October | CBC News

Canada's annual inflation slowed to 2.2% in October, driven mainly by a sharper decline in gasoline prices while inflation excluding gasoline remained 2.6%.
Agriculture
fromFortune
2 weeks ago

If you think beef is expensive now, just wait until next year when prices could soar nearly 60% | Fortune

U.S. beef supply is shrinking as cattle herds fall, driving prices toward potentially $10 per pound ground beef by third quarter 2026.
fromFortune
2 weeks ago

Trump is sounding 'weirdly, eerily similar' to Biden by trying to play down inflation, economist says | Fortune

"We're going to be hitting 1.5% pretty soon," Trump told reporters Monday. "It's all coming down."
US politics
Miscellaneous
fromIrish Independent
2 weeks ago

Hopes of supermarket price war raised after Lidl cuts bread costs

Lidl cut prices across five sliced-pan breads, lowering medium sliced pan to €0.85 and prompting expected rival responses.
from24/7 Wall St.
2 weeks ago

This One ETF Could Make Up Almost Your Entire Retirement Portfolio, According to Warren Buffett

Saving money for retirement isn't enough. Sure, it's a stepping stone to success. But to accumulate a respectable amount of money for retirement, you need to do more than just keep building cash. You should plan to invest your money so it's able to grow over time. Remember, inflation is apt to erode the value of money over time. So you need to invest your retirement savings in a manner that can outpace it.
Business
#coffee-prices
fromFortune
2 weeks ago

Your electric bill has replaced the price at the pump as the hot-button, political bellwether | Fortune

Soaring electric and utility bills nationwide are the new political bellwether for consumers heading into a pivotal 2026 midterm election cycle for the first time in recent history, replacing the typical hot-button items of fuel prices and grocery costs-most notably for eggs last year. While costly grid and severe weather upgrades have accounted for much of the price hikes of late, utility bills are projected to continue spiking for years to come because of the AI-driven data center boom and surging natural gas exports driving demand for new power generation and more fossil fuels.
US politics
US politics
fromFast Company
2 weeks ago

The holidays are going to test Trump's new lie that affordability in America is a nonissue

Trump falsely claims the U.S. is more affordable now despite rising grocery, gas, electricity prices, and higher inflation harming affordability.
UK politics
fromwww.theguardian.com
2 weeks ago

Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

A large fiscal consolidation risks worsening Britain's weak growth by squeezing demand, undermining living standards and public finances unless growth is restored quickly.
US politics
fromBusiness Insider
2 weeks ago

The penny is no more. Good riddance.

The US stopped minting pennies because production costs exceed face value and pennies lack meaningful purchasing power, saving the government money.
Food & drink
fromTasting Table
2 weeks ago

What's Really Behind The Wave Of Grocery Store Closures - Tasting Table

U.S. grocery stores face closures and reorganizations due to razor-thin margins, rising costs, weakened consumer spending, and accelerating online competition.
US news
fromMail Online
2 weeks ago

Disturbing trend in Americans' bills shows struggle millions face

Crowdfunding for basic essentials, including groceries, rent and utilities, has risen significantly as many Americans struggle with higher food prices and inflation.
US politics
from24/7 Wall St.
2 weeks ago

New Stimulus Checks Could be Coming. Here's When You Could Get Yours

President Trump proposed $2,000-per-person stimulus funded largely by tariff revenue, but revenue likely falls short and congressional approval is required before payments could be distributed.
US politics
fromBuzzFeed
2 weeks ago

Trump's Response To Being Confidently Wrong About Thanksgiving Dinner Prices Is Going Viral

Trump claims Walmart Thanksgiving meal prices fell 25%, using that reduction to argue energy, grocery, and overall costs have declined, improving affordability.
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