#inflation

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#economy

2024 was brutal for Los Angeles restaurants. Here are some notable closures

Los Angeles restaurants faced severe closures in 2024 due to rising costs, inflation, and lingering pandemic impacts.

Low-income Americans are struggling. It could get worse

Struggling low-income Americans continue to face economic challenges despite a slight easing of inflation and cost of living rates.

Jill On Money: Economy in review The I's have it!

Inflation and high interest rates dominated 2024, impacting consumers negatively while offering benefits for savers.
The Fed's rate cuts toward the end of 2024 aim towards a soft landing in the economy.

From Inflation to Bitcoin, 9 Charts That Explain 2024

The U.S. economy is on stable ground heading into 2024, despite political uncertainties and global conflicts.

Opinion | Why the U.S. Could Come Out Ahead in a Tariff War

Trump's tariffs are likely to reshape global trade dynamics and provoke significant economic fallout despite possible benefits for the U.S. economy.

Opinion: America needs to retake Econ 101

The economy dominated voter concerns, with inflation and living costs being key issues in the presidential election.

2024 was brutal for Los Angeles restaurants. Here are some notable closures

Los Angeles restaurants faced severe closures in 2024 due to rising costs, inflation, and lingering pandemic impacts.

Low-income Americans are struggling. It could get worse

Struggling low-income Americans continue to face economic challenges despite a slight easing of inflation and cost of living rates.

Jill On Money: Economy in review The I's have it!

Inflation and high interest rates dominated 2024, impacting consumers negatively while offering benefits for savers.
The Fed's rate cuts toward the end of 2024 aim towards a soft landing in the economy.

From Inflation to Bitcoin, 9 Charts That Explain 2024

The U.S. economy is on stable ground heading into 2024, despite political uncertainties and global conflicts.

Opinion | Why the U.S. Could Come Out Ahead in a Tariff War

Trump's tariffs are likely to reshape global trade dynamics and provoke significant economic fallout despite possible benefits for the U.S. economy.

Opinion: America needs to retake Econ 101

The economy dominated voter concerns, with inflation and living costs being key issues in the presidential election.
moreeconomy

The Girl Scouts are retiring two cookie flavors after this season

Two Girl Scout cookie flavors are being discontinued this year: S'mores and Toast-Yay!
Inflation is impacting Girl Scout cookie prices, potentially raising costs to $7 per box.
Selling cookies is essential for GSUSA's revenue amid financial difficulties.
#social-security

Social Security 2025: 3 Tips to Retire Comfortably On a Fixed Income In the New Year

Living on Social Security alone will be increasingly difficult for future retirees due to rising costs and inadequate savings.

The Biggest Social Security COLA Increases of All Time

Social Security beneficiaries receive annual cost-of-living adjustments to offset inflation, ensuring their purchasing power is maintained across years.

Social Security 2025: 3 Tips to Retire Comfortably On a Fixed Income In the New Year

Living on Social Security alone will be increasingly difficult for future retirees due to rising costs and inadequate savings.

The Biggest Social Security COLA Increases of All Time

Social Security beneficiaries receive annual cost-of-living adjustments to offset inflation, ensuring their purchasing power is maintained across years.
moresocial-security
#geopolitical-tensions

Consumers could face price rises of 20% in 2025, trade experts warn

Significant price increases for household staples and other goods are anticipated if supply chain issues persist.
Geopolitical tensions and supply chain disruptions are major contributors to rising costs.

What lies ahead for the global economy in 2025?

The global economy is showing resilience despite ongoing challenges with inflation and geopolitical tensions as it heads into 2025.

Singapore economy grows 4%, beating forecasts

Singapore's economy grew 4% in 2024, with wage growth outpacing inflation for most workers.

Consumers could face price rises of 20% in 2025, trade experts warn

Significant price increases for household staples and other goods are anticipated if supply chain issues persist.
Geopolitical tensions and supply chain disruptions are major contributors to rising costs.

What lies ahead for the global economy in 2025?

The global economy is showing resilience despite ongoing challenges with inflation and geopolitical tensions as it heads into 2025.

Singapore economy grows 4%, beating forecasts

Singapore's economy grew 4% in 2024, with wage growth outpacing inflation for most workers.
moregeopolitical-tensions
#consumer-behavior

Buying 'dupes' of expensive items is all the rage. These are the products you should be careful when buying cheap.

Dupe culture has surged due to inflation and TikTok, but buying imitations poses significant risks and potential for scams.

Grocery spending hits new high and inflation soars to 3.7% - London Business News | Londonlovesbusiness.com

Grocery spending during Christmas reached a record average of £460, boosted by 3.7% inflation and rising sales across various categories.

Buying 'dupes' of expensive items is all the rage. These are the products you should be careful when buying cheap.

Dupe culture has surged due to inflation and TikTok, but buying imitations poses significant risks and potential for scams.

Grocery spending hits new high and inflation soars to 3.7% - London Business News | Londonlovesbusiness.com

Grocery spending during Christmas reached a record average of £460, boosted by 3.7% inflation and rising sales across various categories.
moreconsumer-behavior
#economic-growth

The Characteristics of Price Inflation | HackerNoon

The relationship between money supply growth, GDP growth, inflation, and savings levels significantly impacts economic analysis.

Reeves may have to U-turn over no more tax rises, warn economists

Economic slowdown and high borrowing costs may force the chancellor to increase taxes.
Rising inflation could impact household spending and economic plans.
Higher interest rates could reduce available government funds significantly.

Eurozone inflation stays sticky, rising to 2.4% DW 01/07/2025

Eurozone inflation has risen to its highest level since July, primarily driven by higher services costs.

Is Labour to blame for slowing UK economy? It's more complex than that

Keir Starmer's government is facing challenges with stagnant economic growth and high inflation within just six months of taking office.

The HackerNoon Newsletter: You Dont Need a Big Budget to Get Your First Crypto Exchange User (1/2/2025) | HackerNoon

Researchers analyze US inflation dynamics, revealing complex relationships affecting economic stability.
Young sardines in Japan adapt survival strategies due to rising sea temperatures.

On The Nature of Monetary and Price Inflation and Hyperinflation | HackerNoon

Changes in money supply and economic growth directly influence inflation rates, based on a 2001-2019 analysis.

The Characteristics of Price Inflation | HackerNoon

The relationship between money supply growth, GDP growth, inflation, and savings levels significantly impacts economic analysis.

Reeves may have to U-turn over no more tax rises, warn economists

Economic slowdown and high borrowing costs may force the chancellor to increase taxes.
Rising inflation could impact household spending and economic plans.
Higher interest rates could reduce available government funds significantly.

Eurozone inflation stays sticky, rising to 2.4% DW 01/07/2025

Eurozone inflation has risen to its highest level since July, primarily driven by higher services costs.

Is Labour to blame for slowing UK economy? It's more complex than that

Keir Starmer's government is facing challenges with stagnant economic growth and high inflation within just six months of taking office.

The HackerNoon Newsletter: You Dont Need a Big Budget to Get Your First Crypto Exchange User (1/2/2025) | HackerNoon

Researchers analyze US inflation dynamics, revealing complex relationships affecting economic stability.
Young sardines in Japan adapt survival strategies due to rising sea temperatures.

On The Nature of Monetary and Price Inflation and Hyperinflation | HackerNoon

Changes in money supply and economic growth directly influence inflation rates, based on a 2001-2019 analysis.
moreeconomic-growth

Retirees Should Pay Attention To What Buffett Is Doing With His Cash Right Now

Buffett's investment strategy in T-Bills capitalizes on economic trends and inflation.
High-yield savings accounts provide better rates and greater access compared to traditional accounts.
#housing-market

All those 2025 mortgage rates forecasts are now wrong

Mortgage rate forecasts for 2025 have proven inaccurate, with rates unexpectedly rising above 7% due to inflation concerns.

Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025

Mortgage rates rose to 6.85%, posing challenges to homebuyers amid ongoing supply issues and mixed economic signals.

Weekly Housing Market Update: Scales Tip in Favor of Sellers as Existing-Home Sales Rise

Homebuyers are gradually returning to the market, resulting in increased existing-home sales and signs of a balancing housing market.

Questioning the Housing Crisis: A Different Approach to Estimating Housing Availability

The U.S. is not experiencing a true housing crisis but needs regulatory changes to improve affordability.
Local zoning regulations and federal demand-side policies are key factors affecting housing prices.

Revealed: How much house prices jumped by across the country in a year as second-hand supply dropped

Average home costs €332,000 as inflation hits a seven-year high, driven by low supply and strong demand, especially in Dublin.

All those 2025 mortgage rates forecasts are now wrong

Mortgage rate forecasts for 2025 have proven inaccurate, with rates unexpectedly rising above 7% due to inflation concerns.

Mortgage Rates Rise to 6.85% After Fed Projected Fewer Cuts in 2025

Mortgage rates rose to 6.85%, posing challenges to homebuyers amid ongoing supply issues and mixed economic signals.

Weekly Housing Market Update: Scales Tip in Favor of Sellers as Existing-Home Sales Rise

Homebuyers are gradually returning to the market, resulting in increased existing-home sales and signs of a balancing housing market.

Questioning the Housing Crisis: A Different Approach to Estimating Housing Availability

The U.S. is not experiencing a true housing crisis but needs regulatory changes to improve affordability.
Local zoning regulations and federal demand-side policies are key factors affecting housing prices.

Revealed: How much house prices jumped by across the country in a year as second-hand supply dropped

Average home costs €332,000 as inflation hits a seven-year high, driven by low supply and strong demand, especially in Dublin.
morehousing-market
#economic-impact

Egg Prices Jump Before Holidays as Bird Flu Spreads

Higher prices for eggs are a result of the bird flu outbreak, exacerbating ongoing food inflation during the holiday season.

Germany: Inflation rose to 2.6% in December DW 01/06/2025

Germany's inflation rate reached 2.6% in December, influenced by the pandemic and geopolitical tensions.

Egg Prices Jump Before Holidays as Bird Flu Spreads

Higher prices for eggs are a result of the bird flu outbreak, exacerbating ongoing food inflation during the holiday season.

Germany: Inflation rose to 2.6% in December DW 01/06/2025

Germany's inflation rate reached 2.6% in December, influenced by the pandemic and geopolitical tensions.
moreeconomic-impact
#economic-policy

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty.

Trump's actions could lead to government shutdown and economic uncertainty, impacting markets as he prepares for a second term.

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Trump's transition is marked by economic uncertainty and political turbulence.
Stock market trends and inflation are critical challenges for Trump's administration.

Tariffs, Musk, and borders: Policy uncertainties of the incoming Trump admin

Economic stability in 2023-2024 faces uncertainties due to Trump administration's policy tradeoffs that will affect growth, employment, and inflation in 2025.

Russian central bank holds interest rate at 21%

High interest rates in Russia impede business activity and hinder economic growth.

Letters from Our Readers

Inflation in Argentina has temporarily decreased, but annual rates remain alarmingly high, emphasizing the need for careful data interpretation.

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty.

Trump's actions could lead to government shutdown and economic uncertainty, impacting markets as he prepares for a second term.

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Trump's transition is marked by economic uncertainty and political turbulence.
Stock market trends and inflation are critical challenges for Trump's administration.

Tariffs, Musk, and borders: Policy uncertainties of the incoming Trump admin

Economic stability in 2023-2024 faces uncertainties due to Trump administration's policy tradeoffs that will affect growth, employment, and inflation in 2025.

Russian central bank holds interest rate at 21%

High interest rates in Russia impede business activity and hinder economic growth.

Letters from Our Readers

Inflation in Argentina has temporarily decreased, but annual rates remain alarmingly high, emphasizing the need for careful data interpretation.
moreeconomic-policy
#uk-economy

Budget 'weighing on growth', warns Bank of England

The UK economy is forecasted to flatline after the Chancellor's Budget, leading to potential stagnation and increased inflation.

Firms to raise prices amid tax and wage 'pressures'

Businesses are under significant financial pressure, leading to widespread price increases and low confidence in the UK's economic outlook.

New Look speeds up store closures as budget fallout bites

New Look plans to close a quarter of its stores due to rising costs and tax impacts.

Tax hikes blamed for slide in business confidence as KPMG forecasts growth boost

Business confidence in Britain has hit a low not seen since Liz Truss's mini-budget.

Budget 'weighing on growth', warns Bank of England

The UK economy is forecasted to flatline after the Chancellor's Budget, leading to potential stagnation and increased inflation.

Firms to raise prices amid tax and wage 'pressures'

Businesses are under significant financial pressure, leading to widespread price increases and low confidence in the UK's economic outlook.

New Look speeds up store closures as budget fallout bites

New Look plans to close a quarter of its stores due to rising costs and tax impacts.

Tax hikes blamed for slide in business confidence as KPMG forecasts growth boost

Business confidence in Britain has hit a low not seen since Liz Truss's mini-budget.
moreuk-economy
#restaurant-industry

Coffee's Grip on America

Inflation has not diminished Americans' enthusiasm for coffee, as it remains a cherished daily indulgence despite rising costs.

The story behind a Bay Area pizza restaurant's 'murder' sign

Restaurants in the Bay Area are struggling with high inflation, forcing them to raise prices and apologize to customers.

Coffee's Grip on America

Inflation has not diminished Americans' enthusiasm for coffee, as it remains a cherished daily indulgence despite rising costs.

The story behind a Bay Area pizza restaurant's 'murder' sign

Restaurants in the Bay Area are struggling with high inflation, forcing them to raise prices and apologize to customers.
morerestaurant-industry
#retirement-planning

The Cost of Ignoring Inflation in 2025 - How Much It Could Set Back Your Retirement

Investors should prepare for unexpected inflation changes, especially risks looming in 2025.

2025 Retirement Reality Check: Are Your Goals Still on Track?

Reassessing retirement goals in 2025 is crucial due to economic factors such as inflation, changing administration policies, and rising healthcare costs.

The 3 Biggest Risks Retirees Face in 2025

Retirees should prepare for inflation and increased stock market volatility in the new year.
The potential imposition of tariffs by Trump may exacerbate retirement risks.

I want to max out my 401k so I have security in my later years, however, I think that I'm missing out on the now

Balancing short-term lifestyle and long-term savings is crucial for sustainable financial health.

The Cost of Ignoring Inflation in 2025 - How Much It Could Set Back Your Retirement

Investors should prepare for unexpected inflation changes, especially risks looming in 2025.

2025 Retirement Reality Check: Are Your Goals Still on Track?

Reassessing retirement goals in 2025 is crucial due to economic factors such as inflation, changing administration policies, and rising healthcare costs.

The 3 Biggest Risks Retirees Face in 2025

Retirees should prepare for inflation and increased stock market volatility in the new year.
The potential imposition of tariffs by Trump may exacerbate retirement risks.

I want to max out my 401k so I have security in my later years, however, I think that I'm missing out on the now

Balancing short-term lifestyle and long-term savings is crucial for sustainable financial health.
moreretirement-planning

January 2025 dates for benefits and pensions as DWP to launch disability consultation

The Independent prioritizes accessible, unbiased journalism empowered by public donations, crucial during pressing times.
#homelessness

What's driving the rise in homelessness among seniors

The number of homeless seniors is increasing due to inflation and affordable housing shortages.

US homelessness up 18 percent in last year amid cost of living crisis

Rising homelessness in the US is primarily due to the lack of affordable housing, with a reported rise of 18 percent over the last year.

Low-income Americans are struggling. It could get worse | CNN Business

The economic struggles faced by low-income Americans, including housing instability and job insecurity, remain pressing issues despite some easing in inflation.

What's driving the rise in homelessness among seniors

The number of homeless seniors is increasing due to inflation and affordable housing shortages.

US homelessness up 18 percent in last year amid cost of living crisis

Rising homelessness in the US is primarily due to the lack of affordable housing, with a reported rise of 18 percent over the last year.

Low-income Americans are struggling. It could get worse | CNN Business

The economic struggles faced by low-income Americans, including housing instability and job insecurity, remain pressing issues despite some easing in inflation.
morehomelessness
#walmart

Walmart's Rising Stock Price Faces Inflation

Walmart's stock has soared due to grocery sales, but rising food prices may impact future earnings.

The Best Deals in America Aren't Where You Think

Smart shopping is vital due to rising inflation and upcoming tariffs affecting grocery prices.
Other grocery stores often provide better deals than Walmart, challenging the notion of Walmart's pricing supremacy.

Walmart's Rising Stock Price Faces Inflation

Walmart's stock has soared due to grocery sales, but rising food prices may impact future earnings.

The Best Deals in America Aren't Where You Think

Smart shopping is vital due to rising inflation and upcoming tariffs affecting grocery prices.
Other grocery stores often provide better deals than Walmart, challenging the notion of Walmart's pricing supremacy.
morewalmart
#savings

Hyperinflation Model Successfully Explains Rapid Inflation Escalation | HackerNoon

Inflation models highlight a complex interplay of money supply, GDP growth, and savings in understanding consumer price changes.

12 Grocery Chain Rewards Programs, Ranked By How Helpful They Are - Tasting Table

Grocery rewards programs help significantly in saving money amidst rising prices.

Hyperinflation Model Successfully Explains Rapid Inflation Escalation | HackerNoon

Inflation models highlight a complex interplay of money supply, GDP growth, and savings in understanding consumer price changes.

12 Grocery Chain Rewards Programs, Ranked By How Helpful They Are - Tasting Table

Grocery rewards programs help significantly in saving money amidst rising prices.
moresavings

The CEO-to-worker pay gap is still enormous but a new report says it narrowed slightly in 2023 | CBC News

Canada's top-paid CEOs made 210 times more than average workers in 2023, indicating a slight narrowing of the wage gap.
The average wage for Canadian workers increased by 6.6% in 2023, slightly reducing the gap with CEO pay.
#economic-recovery

Higher interest rates, oversupply, and rising costs have battered commercial real estate. Will 2025 be different?

The commercial real estate sector may experience a modest rebound in 2025, despite challenges from inflation and interest rates.

At best, 2025 will be a year of slow economic recovery. As for the worst? Brace yourselves | Larry Elliott

The long-term effects of Covid-19 continue to impact the economy and society negatively, leading to inflation and political unrest.

Higher interest rates, oversupply, and rising costs have battered commercial real estate. Will 2025 be different?

The commercial real estate sector may experience a modest rebound in 2025, despite challenges from inflation and interest rates.

At best, 2025 will be a year of slow economic recovery. As for the worst? Brace yourselves | Larry Elliott

The long-term effects of Covid-19 continue to impact the economy and society negatively, leading to inflation and political unrest.
moreeconomic-recovery
#defense-spending

Russia's economy is entering a year of pain in 2025

Russia's economy will face significant challenges in 2025 due to high defense spending, inflation, and ongoing sanctions.

Putin tells Russia 'everything will be fine' amid the nation's military and economic struggles

Putin assured Russians in his speech that the nation would overcome challenges without addressing specific issues like the Ukraine war or the economy.

Russia's economy is entering a year of pain in 2025

Russia's economy will face significant challenges in 2025 due to high defense spending, inflation, and ongoing sanctions.

Putin tells Russia 'everything will be fine' amid the nation's military and economic struggles

Putin assured Russians in his speech that the nation would overcome challenges without addressing specific issues like the Ukraine war or the economy.
moredefense-spending
#global-markets

A year of two halves: how global financial markets fared in 2024

Global stock markets grew in 2024, led by the US economy's resilience and technological advancements, despite concerns over inflation and bond market instability.

Global markets tipped to keep rising in 2025 despite trade war fears

US stock markets are expected to rise in 2025 despite concerns over inflation and trade wars.

A year of two halves: how global financial markets fared in 2024

Global stock markets grew in 2024, led by the US economy's resilience and technological advancements, despite concerns over inflation and bond market instability.

Global markets tipped to keep rising in 2025 despite trade war fears

US stock markets are expected to rise in 2025 despite concerns over inflation and trade wars.
moreglobal-markets
#labor-market

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

The U.S. stock market had mixed performance, with major indexes mostly declining but the Nasdaq Composite hitting a record high.

10 hot topics Portland businesses should watch in 2025 - Portland Business Journal

Businesses continue to face ongoing challenges from remote work dynamics, inflation, and labor market changes as they enter 2025.

The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com

The U.S. stock market had mixed performance, with major indexes mostly declining but the Nasdaq Composite hitting a record high.

10 hot topics Portland businesses should watch in 2025 - Portland Business Journal

Businesses continue to face ongoing challenges from remote work dynamics, inflation, and labor market changes as they enter 2025.
morelabor-market
#egg-prices

Egg Prices Going Through the Roof Because of Bird Flu, Hit $9 a Dozen at Some SF Stores

Avian flu outbreak has drastically increased egg prices in California, reaching $9 a dozen.
High demand during the holiday season is exacerbating the egg shortage.

U.S. egg prices are still skyrocketing. Here's what's behind the surge

Egg prices are escalating sharply due to bird flu, impacting consumers amidst ongoing inflation.

Egg Prices Going Through the Roof Because of Bird Flu, Hit $9 a Dozen at Some SF Stores

Avian flu outbreak has drastically increased egg prices in California, reaching $9 a dozen.
High demand during the holiday season is exacerbating the egg shortage.

U.S. egg prices are still skyrocketing. Here's what's behind the surge

Egg prices are escalating sharply due to bird flu, impacting consumers amidst ongoing inflation.
moreegg-prices

Energy caps to stamp duty changes: your personal finance diary for January-April 2025

Rising inflation dampens hopes for interest rate cuts, affecting borrowers negatively but benefitting those with savings.
#wages

Starbucks workers' union goes on strike in US cities

Workers at Starbucks are striking over inadequate wages amid soaring inflation.
The strike could escalate to hundreds of stores by Christmas Eve.

Gen Zers are less satisfied with their jobs than older workers, per a Pew survey

Gen Zers exhibit the highest job dissatisfaction rates among age groups, with economic conditions contributing to their discontent.
Around 30% of workers express dissatisfaction with pay, citing cost of living increases as the main concern.

Starbucks workers' union goes on strike in US cities

Workers at Starbucks are striking over inadequate wages amid soaring inflation.
The strike could escalate to hundreds of stores by Christmas Eve.

Gen Zers are less satisfied with their jobs than older workers, per a Pew survey

Gen Zers exhibit the highest job dissatisfaction rates among age groups, with economic conditions contributing to their discontent.
Around 30% of workers express dissatisfaction with pay, citing cost of living increases as the main concern.
morewages
#stock-market

Markets Rally, Shaking Off Threat of Government Shutdown

Inflation data encouraged stock rises, overshadowing potential impacts of a government shutdown.
Investors react positively to slower-than-expected inflation readings.

Dow plunges more than 600 as Santa Claus rally fizzles

Wall Street indices plunged as high Treasury yields overshadowed typical year-end rally expectations, with all S&P sectors declining.

Markets Rally, Shaking Off Threat of Government Shutdown

Inflation data encouraged stock rises, overshadowing potential impacts of a government shutdown.
Investors react positively to slower-than-expected inflation readings.

Dow plunges more than 600 as Santa Claus rally fizzles

Wall Street indices plunged as high Treasury yields overshadowed typical year-end rally expectations, with all S&P sectors declining.
morestock-market
#federal-reserve

PCE Inflation, the Fed's Preferred Measure, Sped Up in November

Federal Reserve closely monitors inflation as it plans interest rate cuts in 2025, with recent data indicating inflation remains higher than desired.

Jill On Money: Are we getting used to high prices?

Inflation rates remain relatively stable, hovering around 3%, despite aggressive interest rate hikes by the Federal Reserve.

Fed's go-to inflation measure better than expected in November

Recent PCE data shows the smallest inflation increase since August, indicating potential economic stability.

US: PCE inflation data beat expectations on the downside - London Business News | Londonlovesbusiness.com

The November PCE data indicated easing inflation, which contrasts with the Fed's prior hawkish stance, positively affecting market sentiment.

Gold rebounds but faces weekly losses amid Fed's hawkish tone - London Business News | Londonlovesbusiness.com

Gold prices rebound but face downward pressure from Fed's cautious interest rate outlook and declining demand from key consumer markets.

Gold could see further upsides if inflation rises - London Business News | Londonlovesbusiness.com

Gold's price movements are tied to the Fed's rate cut and inflation fears.
Price stability for gold is expected between $2,620 and $2,660 during holidays.

PCE Inflation, the Fed's Preferred Measure, Sped Up in November

Federal Reserve closely monitors inflation as it plans interest rate cuts in 2025, with recent data indicating inflation remains higher than desired.

Jill On Money: Are we getting used to high prices?

Inflation rates remain relatively stable, hovering around 3%, despite aggressive interest rate hikes by the Federal Reserve.

Fed's go-to inflation measure better than expected in November

Recent PCE data shows the smallest inflation increase since August, indicating potential economic stability.

US: PCE inflation data beat expectations on the downside - London Business News | Londonlovesbusiness.com

The November PCE data indicated easing inflation, which contrasts with the Fed's prior hawkish stance, positively affecting market sentiment.

Gold rebounds but faces weekly losses amid Fed's hawkish tone - London Business News | Londonlovesbusiness.com

Gold prices rebound but face downward pressure from Fed's cautious interest rate outlook and declining demand from key consumer markets.

Gold could see further upsides if inflation rises - London Business News | Londonlovesbusiness.com

Gold's price movements are tied to the Fed's rate cut and inflation fears.
Price stability for gold is expected between $2,620 and $2,660 during holidays.
morefederal-reserve
#cost-of-living

Congressional lawmakers almost got a pay bump this year. Then it crashed and burned

Lawmakers were close to a salary increase after 15 years, but misinformation about the bill led to public outcry.

Where the minimum wage will rise in 2025

Raising the minimum wage positively impacts low-income workers.
States have independently increased minimum wages due to diverse living costs.
Activism and inflation are driving changes in wage policies.

Why Workers Are Leaving High-Cost States - and What It Means for Employers | Entrepreneur

Inflation is causing significant labor shortages in high-cost areas as people relocate due to rising living expenses.

Best savings accounts that offer above-inflation rates, 20 December

High-yield savings accounts provide UK households an opportunity to combat inflation during the cost-of-living crisis.

Silicon Valley minimum wage bump barely makes a dent - San Jose Spotlight

Silicon Valley's minimum wage increase is insufficient for workers to afford basic living expenses in a high-cost area.

Best savings accounts that offer above-inflation rates, 27 December

High-yield savings accounts provide opportunities for UK households to mitigate the effects of inflation amid soaring costs.

Congressional lawmakers almost got a pay bump this year. Then it crashed and burned

Lawmakers were close to a salary increase after 15 years, but misinformation about the bill led to public outcry.

Where the minimum wage will rise in 2025

Raising the minimum wage positively impacts low-income workers.
States have independently increased minimum wages due to diverse living costs.
Activism and inflation are driving changes in wage policies.

Why Workers Are Leaving High-Cost States - and What It Means for Employers | Entrepreneur

Inflation is causing significant labor shortages in high-cost areas as people relocate due to rising living expenses.

Best savings accounts that offer above-inflation rates, 20 December

High-yield savings accounts provide UK households an opportunity to combat inflation during the cost-of-living crisis.

Silicon Valley minimum wage bump barely makes a dent - San Jose Spotlight

Silicon Valley's minimum wage increase is insufficient for workers to afford basic living expenses in a high-cost area.

Best savings accounts that offer above-inflation rates, 27 December

High-yield savings accounts provide opportunities for UK households to mitigate the effects of inflation amid soaring costs.
morecost-of-living

He's Gonna Leave Office in Disgrace!' Scott Jennings Carves Up CNN Panelist Who Argues Biden's Record Will Stand the Test of Time'

Scott Jennings believes President Biden will leave office in disgrace, citing inflation and Afghanistan exit as key issues.
#global-economy

Trump versus trade: the global economic outlook for 2025 in five charts

Geopolitical tensions and Trump's second term are set to shape global economic dynamics significantly in 2025.

Oil prices climb on inflation hopes, but supply surplus concerns could limit momentum - London Business News | Londonlovesbusiness.com

Crude oil prices rose due to easing inflation and Senate legislation, but fears of oversupply limit recovery.

Trump versus trade: the global economic outlook for 2025 in five charts

Geopolitical tensions and Trump's second term are set to shape global economic dynamics significantly in 2025.

Oil prices climb on inflation hopes, but supply surplus concerns could limit momentum - London Business News | Londonlovesbusiness.com

Crude oil prices rose due to easing inflation and Senate legislation, but fears of oversupply limit recovery.
moreglobal-economy

Here are Yelp's picks for top dining trends in 2025

Next year's restaurant menus will feature mushrooms, Vietnamese coffee, and value meals due to inflation-driven demand for affordable dining options.

Inflation Is Here To Stay - What's Your Legal Team Doing About It?

Inflation has fundamentally transformed contract management and compliance for in-house legal teams, necessitating proactive adaptability.
#monetary-policy

Surprising monetary policy decision by the Central Bank of Colombia: Interest rate is lowered by 25 basis points - London Business News | Londonlovesbusiness.com

The Central Bank of Colombia is adopting a cautious approach to monetary policy amidst persistent inflation and economic uncertainty.

Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central bank official

Russian interest rates for loans and deposits have surged faster than the central bank's key rate, risking a slowdown that may be too severe.

Surprising monetary policy decision by the Central Bank of Colombia: Interest rate is lowered by 25 basis points - London Business News | Londonlovesbusiness.com

The Central Bank of Colombia is adopting a cautious approach to monetary policy amidst persistent inflation and economic uncertainty.

Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central bank official

Russian interest rates for loans and deposits have surged faster than the central bank's key rate, risking a slowdown that may be too severe.
moremonetary-policy

December's mini-retail apocalypse rounded off a rough year for US stores

Retailers like The Container Store, Party City, and Big Lots face significant challenges, including bankruptcy, store closures, and declining consumer spending amid inflation.
from Axios
2 weeks ago

Mega Millions nears record, but the dream is becoming less affordable

The price of Mega Millions lottery tickets has increased significantly from $1 to $5 in an inflation-driven market.

The numbers were good, but feelings were bad: The US economy in 2024

The US economy is performing well, yet high living costs are causing frustration among many Americans.

Post-Trump election boost fades: Consumer confidence drops in December

Consumer pessimism remains high despite solid economic conditions, indicating a potential disconnect between sentiment and actual economic performance.
#interest-rates

Chancellor's Budget, water bills and inflation rising is hammering the hospitality sector - London Business News | Londonlovesbusiness.com

Interest rates held at 4.75% amid rising inflation threaten the already struggling hospitality sector, necessitating urgent government intervention.

Russia's top central banker is now worried about 'excessive cooling' in its red-hot war economy

Russia's central bank maintains interest rates at 21% to balance risks of economic overheating and excessive cooling amid ongoing high inflation.

UK economic backdrop is becoming 'an increasingly stagflationary one' - London Business News | Londonlovesbusiness.com

The Bank of England holds the Bank Rate steady at 4.75%, citing persistent inflationary pressures. A vote for easing policies indicates ongoing economic concerns.

Chancellor's Budget, water bills and inflation rising is hammering the hospitality sector - London Business News | Londonlovesbusiness.com

Interest rates held at 4.75% amid rising inflation threaten the already struggling hospitality sector, necessitating urgent government intervention.

Russia's top central banker is now worried about 'excessive cooling' in its red-hot war economy

Russia's central bank maintains interest rates at 21% to balance risks of economic overheating and excessive cooling amid ongoing high inflation.

UK economic backdrop is becoming 'an increasingly stagflationary one' - London Business News | Londonlovesbusiness.com

The Bank of England holds the Bank Rate steady at 4.75%, citing persistent inflationary pressures. A vote for easing policies indicates ongoing economic concerns.
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10 Things I Loved And Hated About Fortnite In 2024

Fortnite's inflation surge stems from Epic's strategic price hikes, impacting skin collaboration and bundle pricing significantly.

State regulators approve more electricity rate hikes for Oregonians in 2025

Oregonians will face a significant rise in electricity rates, with a projected increase of nearly 50% since 2020.

What does that have to do with the price of beans?

Max Fried's $218 million contract raises questions about salary absurdity amid inflation and salary caps.

It Might Be Time To Find a New Way to Talk About Climate Action

Climate change was notably absent from political discussions during the recent elections, despite being a critical issue for many.

UK government borrows less than expected in November

UK government borrowing fell to £11.2bn in November, the lowest for the month in three years, surprising economists.
Public sector net borrowing decreased significantly, contributing to a positive fiscal outlook ahead of Chancellor Rachel Reeves' statement.
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