Former Obama economist Jason Furman rejected any inflation happy talk on Tuesday, emphasizing that a recession was likely and high prices were not going away "anytime soon." "I think the markets are ...
A Fortune magazine headline suggested that record-high inflation rates should actually make people "happy" in an article published on Saturday. The article, written by Fortune editorial writer Tristan ...
Before the 1970s currency markets were near non-existent. There was really no reason for them as currencies were concepts, or measures of value. The dollar was defined as 1/35 th of a gold ounce, and ...
The 2025 election two weeks ago crystallized how big a problem the economy and affordability appear to be for President Donald Trump and the Republican Party. Trump’s initial strategy for dealing with ...
The first price index release of the year brings some less-than-welcome news: Inflation has ticked up once again. The Bureau of Labor Statistics announced the Consumer Price Index increased 0.3 ...
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Inflation dropping from 8.2% in September to 7.7% in October isn’t good (“A Tentative Inflation Break,” Review & Outlook, Nov. 11). It’s only less bad—akin to politicians saying they cut spending when ...
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