Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
Category: Prices (Fares, Fees and Rates)
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Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.
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401(k) Hardship Withdrawals Tick Up as Inflation Stays High
Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.
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Consumer Spending Rose More Than Expected in April
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.
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Airfares: As Costs Rise, Flexibility Is Key
International ticket prices, especially, will be high, but not getting locked into dates or destinations can keep costs down. And consider “skiplagging.”
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Fed Officials Were Split Over June Rate Pause, Minutes Show
In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.
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More Americans Say Finances Are Tighter Because of Inflation
A new Federal Reserve survey finds that the strong job market hasn’t been enough to offset the rising cost of living for many families.
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Minnesota Passes Bill Seeking to Ensure Minimum Wage for Gig Workers
Lyft and Uber have opposed the legislation, with Uber threatening to leave the state if it is enacted.
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Inflation Persists and Car Prices Are a Big Reason
Prices of new and used vehicles were supposed to recede quickly as supply chain problems dissipated. The market had other ideas.