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Inflation Cooled Just Slightly, With Worrying Details

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) Supply Chain United States Economy Wages and Salaries

Inflation Cooled Just Slightly, With Worrying Details

Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.

By Jeanna Smialek

Inflation cooled annually, but the details are more worrying.

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) Supply Chain United States Economy Wages and Salaries

Inflation cooled annually, but the details are more worrying.

Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.

By Jeanna Smialek

Electric Vehicles Could Match Gasoline Cars on Price This Year

Batteries Commodities Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Hyundai Motor Co Inflation (Economics) Inflation Reduction Act of 2022 International Council on Clean Transportation International Trade and World Market LG Energy Solution Lithium (Metal) Matthews International Corporation Metals and Minerals Prices (Fares, Fees and Rates) Sports Utility Vehicles and Light Trucks Supply Chain Tax Credits, Deductions and Exemptions Tesla Motors Inc Treasury Department United States United States Politics and Government

Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.

By Jack Ewing

Oil Prices Rise on Talk of Russian Output Cut

Embargoes and Sanctions Novak, Alexander Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022)

Oil Prices Rise on Talk of Russian Output Cut

Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.

By Stanley Reed