Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.
Category: Prices (Fares, Fees and Rates)
-
A Key Inflation Gauge Hovers Above Fed’s Target
The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.
-
California $20 Fast-Food Minimum Wage Is Coming April 1
The nation’s highest state minimum wage for fast-food workers takes effect on Monday. Owners and employees are sizing up the potential impact.
-
Baltimore Bridge Collapse Shows Fragility of Global Trade
The destruction of a Baltimore bridge has crippled a busy port, adding to the strains confronting the global supply chain.
-
Germany’s Solar Panel Industry, Once a Leader, Is Getting Squeezed
Domestic manufacturers are caught between China’s low prices and U.S. protectionist policies, even as demand increases.
-
China’s Plan to Spur Growth: A New Slogan With Familiar Ideas
As China’s leaders promote their strategy, other countries worry the country is increasing factory overcapacity and plans more exports.
-
Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared
Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information.
-
Japan Raises Interest Rates for First Time in 17 Years
Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
-
Closing Costs for Buying a Home Have Risen Along With Rates
These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down.
-
Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts
Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.
-
Insurance Costs Are Pushing Up Overall Inflation
Insurance costs are on the rise for various reasons, adding to overall inflation.