Tag: inflation

Little Relief in Sight After Fed Decides to Hold Interest Rates Steady
On Nov. 1 (Wednesday), the U.S. Federal Reserve announced it would be holding rates steady at 5.25 to...

More Than 60% of American Adults Living Paycheck-to-Paycheck, Study Reveals
According to new research from LendingClub, approximately 61 percent of Americans are living paycheck-to-paycheck...

Target CEO Warns Organized Retail Theft Will Cost Shareholders $1.3 Billion This Year
Brian Cornell, CEO of retail giant Target, told analysts and shareholders in a May 17 conference call...

UK Pubs Vanishing Faster Amid Economic Tension Than Following COVID Lockdowns
The United Kingdom’s iconic public houses are vanishing at a faster rate in the first three months of...

Small Businesses Going Bankrupt 73% Faster Than Beginning of COVID Crisis
Another dark omen for the United States economy is manifesting: small business bankruptcy rates are now...

Scope on Canada: Grocery Store CEOs Questioned by MPs on High Food Prices, Profits
On March 8, the House of Commons committee on agriculture and agri-food held a hearing on whether the...

Consumers Still Hot For Fruits and Vegetables Despite Economic Pressures
American consumers are not only still buying fruit and vegetables despite the economic pressures of 2022...

Canadian Inflation Slows in January, Food Prices Continue to Rise
Statistics Canada’s latest data on Feb. 21 show that Canada’s inflation rate slowed to 5.9 percent in...

Inflation Driven by Explosion in Migrant Worker Pay: WSJ
An unsung factor of record inflation driving up the real world cost of goods and services is an explosion...

Canada Bracing for Another Food Price Increase as Holiday Price Freeze Ends
Canadians can expect to pay more — a lot more — at the grocery store in the coming days after a holiday...

Bank of Mexico Hikes Interest Rate to 10.50%, Signal Another increase Coming
The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on...

US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...