Trump’s 2017 tax cuts expire soon − study shows they made income inequality worse and especially hurt Black Americans
Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black ...
Gold Bull Market Continues Due To Re-Accelerating Inflation
Gold is historically the best inflation hedge, currently in a bull market with strong potential returns, making it a top ...
Inflation, interest rates, and market confusion: What’s next?
It’s not logical for the dollar to fall when the US has the better growth, inflation not cooling, a semi-hawkish central ...
We are still feeling the effects of yesterday’s CPI
We are still feeling the effects of yesterday’s CPI. It’s not so much the BLS reading of headline and core CPI higher, but rather the Cleveland Fed’s median up 3.9% annualized (from 3.59%) and core up ...
Daily Maverick2d
After the “year of democracy”, markets look for policy in action
Some commentators heralded 2024 as the “Year of Democracy”, as more than 70 countries around the world voted in elections. The main outcomes for us were the formation of the Government of National ...
Fed is going to be even more cautious about inflation after CPI report
Fed Chairman Jerome Powell said Wednesday that the January CPI data fit with an overall picture that the Fed is “close but not there on inflation.” “Today’s report says the same thing,” he added. Last ...
US inflation unexpectedly increases
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CPI Report - Not As Hot As It Looks
Markets opened lower this morning, reacting to what is viewed as a “hot” inflation report. Click here to read more about the ...
The government is banking on tax cuts to boost consumption. What if it doesn’t pan out?
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
Investing15d
Germany Consumer Price Index (CPI) MoM
At 11:30 ET (16:30 GMT), the DAX index in... Payrolls, German CPI, Canadian politics - what's moving markets By Investing.com - Jan 06, 2025 Investing.com -- Wall Street is seen trading marginally ...
BoE grapples with inflation, weak pound
The Bank of England (BoE) faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.
Benzinga.com17d
2025 COLA Shortfall: Why Social Security Retirees Are Losing Spending Power
The percentage may shock you. To calculate the COLA, officials compare the average CPI-W from the third quarter (July through September) of one year to the same period the year before. If there's ...