Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers.
Category: Prices (Fares, Fees and Rates)
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The Weird Housing Market, in 5 Charts
Home prices have held up better than expected amid high interest rates. But that doesn’t mean the housing market is healthy.
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What California’s Hotel and Rental ‘Junk Fees’ Mean For You
Two new laws target surprise charges like resort fees, cleaning fees and service fees, forcing companies to tell you about them before you book, even if you live elsewhere. Here’s what you need to know.
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Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled
Some voters blame the American Rescue Plan for fueling price increases. But the growth it unleashed may be helping the president stay more popular than counterparts in Europe.
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Did You Buy a Disneyland ‘Dream Key’? Disney May Owe You Money.
Disney owes a total of $9.5 million to customers who bought a $1,400 Dream Key pass over the course of two months in 2021. The payments, about $67, are going out this month.
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How Partisan Media Outlets Covered The Latest Inflation Numbers
Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Liberal media outlets celebrated it.
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3.3%
The rate of inflation in May over the previous year.
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Food Inflation Eased Again, Welcome News for Shoppers
Although food price gains have cooled, prices remain much higher than they were several years ago, squeezing consumers.
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CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?
Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
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CPI Data Will Arrive Just Before the Fed Meets. Will It Be a Game Changer?
Federal Reserve officials are poised to announce their rate decision and economic projections mere hours after the latest inflation release.
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Nigeria Confronts its Worst Economic Crisis in a Generation
People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.