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.
Category: Inflation (Economics)
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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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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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A Closely Watched Measure of Inflation Slowed in December
The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.
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Consumer Spending Slid Again in December
Fresh data offered more detail on how shoppers retrenched at the end of 2022.
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Elon Musk Meets With House Speaker Kevin McCarthy
Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
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Chipotle Plans to Hire 15,000 People Ahead of ‘Burrito Season’
The restaurant chain is pitching for more workers as it aims to double the number of outlets in North America.
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Walmart Raises Starting Wages for Store Workers
The retail giant said the minimum wages for those employees would range from $14 to $19 an hour, up from $12 to $18 an hour.
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Inflation Is Cooling, Leaving America Asking: What Comes Next?
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an uncertain one.
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Fed Rate Increases Have ‘A Ways to Go,’ Top Official Says
John C. Williams, the president of the Federal Reserve Bank of New York, said central bankers must “keep moving” in their inflation fight.