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Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better.
Posted inEconomic Conditions and Trends Inflation (Economics) Politics and Government Rajapaksa, Gotabaya Sri Lanka

Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better.

After an economic collapse and political upheaval, Sri Lankans have become resigned to leaner meals and reduced horizons.
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Posted by By Mujib Mashal and Skandha Gunasekara
Inflation Leads a New Generation to the Bread-Making Machine
Posted inBread Cooking and Cookbooks Home Appliances Inflation (Economics) Shortages Thrift Shops United States

Inflation Leads a New Generation to the Bread-Making Machine

Rediscovered in the early days of the pandemic, the mainstay of ’90s kitchens has become an indispensable tool for some younger bakers trying to save money.
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Posted by By Christina Morales
Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers
Posted inCarmax Inc Carvana Co Coronavirus (2019-nCoV) E-Commerce Inflation (Economics) Shortages United States Economy Used Cars

Falling Used-Car Demand Puts Pressure on Carvana and Other Dealers

Dealerships are seeing sales and prices drop as consumers tighten their belts, putting financial pressure on companies like Carvana that grew fast in recent years.
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Posted by By Neal E. Boudette
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
Posted inBanking and Financial Institutions Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Smaller Rate Increase by Federal Reserve Likely as Inflation Cools

America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
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Posted by By Jeanna Smialek

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