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As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope
Posted inBrainard, Lael Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope

Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
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Posted by By Jeanna Smialek
Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
Posted inCompany Reports Prices (Fares, Fees and Rates) Procter & Gamble Co Shopping and Retail United States Economy

Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers

The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.
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Posted by By Isabella Simonetti
California Sues Companies Over Insulin Prices, Joining Other States
Posted inDiabetes Drugs (Pharmaceuticals) Health Insurance and Managed Care Inflation Reduction Act of 2022 Insulin Law and Legislation Medicare Prices (Fares, Fees and Rates) Research Suits and Litigation (Civil)

California Sues Companies Over Insulin Prices, Joining Other States

The state is taking action against three major drug companies and the big pharmacy benefit managers in an effort to temper costs for people with diabetes.
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Posted by By Benjamin Ryan
U.K. Inflation Slows but Remains Stubbornly High
Posted inEconomic Conditions and Trends Great Britain Inflation (Economics) Prices (Fares, Fees and Rates)

U.K. Inflation Slows but Remains Stubbornly High

Consumer prices rose 10.5 percent in December, the second consecutive monthly decline, thanks to easing gasoline and clothing prices.
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Posted by By Eshe Nelson

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