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US Inflation Up 8.5% in Last Year
The Labor Department said Tuesday that its consumer price index jumped 8.5% in March from 12 months earlier.
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The Biggest Inflation Question for the Economy? Only the Consumer Knows the Answer
The consumer is the key to the US economy. With food, gas and housing prices higher, how far is America from reaching the inflation breaking point?
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Taking These 5 Steps Can Help Bulk Up Your Emergency Savings
Having enough cash set aside to cover big unexpected expenses can feel unattainable. But you may find more money in your budget by making some adjustments.
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Some Lawmakers Want to Ease the Pain of High Gas Prices With Direct Payments to Americans
As the Russia-Ukraine conflict has pushed gas prices higher, some politicians want to give Americans direct payments to help weather the storm.
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Washington Lawmakers Are Considering a Gas Tax Holiday. Don't Expect That to Make a Big Dent in What You're Paying at the Pump.
Record high gas prices are stretching consumers. Yet experts say temporarily doing away with the federal gas tax won’t do much.
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Inflation Is Costing U.S. Households Nearly $300 More a Month. Here's How to Adjust Your Budget
As prices continue to rise, you’ll likely have to make adjustments to your lifestyle and budget. Here’s what the experts say to do.
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How Americans Can Cut Costs and Save Amid the Pain of Record Inflation
Higher prices are not going away any time soon. However, experts say there are steps you can take to protect your money.
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High Inflation Points to Bigger Social Security Cost-Of-Living Adjustment for 2023
Record high inflation could mean an even bigger boost for Social Security beneficiaries next year, according to one early estimate.
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Wheat, Corn Prices Surge Amid Russia's Invasion of Ukraine
Consumers facing higher prices for products made with corn and wheat could be in for more pain as global supplies grow tighter because of Russia’s invasion of Ukraine
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Gas Prices Have Spiked Amid the Russia-Ukraine Conflict. Here Are Tips for Saving at the Pump
With ongoing uncertainty over how oil supplies could be affected by Russia’s invasion of Ukraine, consumers are likely to continue to see elevated gas prices.
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With Limited Inventory Due to a Computer Chip Shortage, 82% of Consumers Are Paying Above Sticker Price for a New Car
The average amount paid for a new car is $45,717, which is $728 more than the average manufacturer’s suggested retail price of $44,989, new research shows.
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Why US Inflation Is So High, and When It May Ease
Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.
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Inflation Eroded Pay by 1.7% Over the Past Year
Workers have seen their hourly pay jump at about the fastest clip in 15 years. But high annual inflation has eaten into those raises.
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Inflation Surges 7.5% on an Annual Basis, Even More Than Expected and Highest Since 1982
The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.
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The At-Home Testing Industry, From Covid to Cancer, May Be Worth Over $2 Billion by 2025
The emerging marketplace of consumer-initiated lab testing may be worth more than $2 billion by 2025, according to Quest Diagnostics.
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‘Double Down' on Defense Because Stocks Will Plunge Another 10%, Morgan Stanley's Mike Wilson Warns
Morgan Stanley’s Mike Wilson, the market’s biggest bear, suggests investors are dangerously downplaying a collision between a tightening Fed and slowing growth.
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Despite Higher Wages, Inflation Gave the Average Worker a 2.4% Pay Cut Last Year
Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.
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US Inflation Soared 7% in Past Year, the Most Since 1982
Prices paid by U.S. consumer jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, gas, rent and other necessities are heightening the financial pressures on America’s households
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Inflation Rises 7% Over the Past Year, Highest Since 1982
The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.
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The Key to Fed Rate Hikes? It May End Up Being the 2022 Paychecks of Americans
Rising pay is good for workers, but too much wage inflation can lead to a vicious cycle in consumer prices. Is the Fed worried enough about it?