The pandemic shopping boom led many retailers to widen profit margins by charging more. Now value is the watchword as consumers grow choosier.
Category: United States Economy
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PCE Inflation, the Fed’s Preferred Gauge, Remained Flat in April
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Inflation Remains Steady, With Signs of Further Cooling
The Federal Reserve has been waiting for firmer evidence that rapid price increases are behind it.
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Why Are People So Down About the Economy? Theories Abound.
Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
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GDP Gain in First Quarter Revised Downward in U.S.
Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
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Will Billions More in New Aid Save Family Farms?
The Biden administration aims to better support small farmers while still aiding big operations and rewarding climate-friendly practices. It’s a tall order.
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Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted as Inflation.
Skyrocketing premiums are hitting homeowners hard, but they barely factor into common price measures.
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Biden Doesn’t Want You Buying an E.V. From China. Here’s Why.
The president wants to shift America’s car fleet toward electric vehicles, but not at the expense of American jobs or national security.
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How China Pulled So Far Ahead on Industrial Policy
The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
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Big Sky, Big Growth: How Montana’s Newcomers Are Shaping Its Senate Duel
Out-of-state transplants, drawn during the pandemic by the Mountain West’s allure, have caused prices to soar and created new uncertainty in the state’s crucial Senate race.