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High Inflation Could Persist as Wages Continue to Rise

Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending on vacations, restaurant meals and other services as the pandemic fades, betting […]




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Democrats Blast Corporate Profits as Inflation Surges

Inflation remains rapid as the economy enters 2022, and Democrats have begun pointing to a new culprit for the high and lasting price increases: Greedy corporations.Senator Sherrod Brown of Ohio, […]




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As Prices Rise Due to Inflation, Biden Turns to Antitrust Enforcers

But, Mr. Maffei said, the focus on antitrust has given the commission tools and confidence to investigate other abuses by shipping companies, now and in the future, when demand falls […]




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November 2021 CPI: Inflation Rose at Fastest Pace Since 1982

Prices are rising at the fastest clip in nearly 40 years, fresh data released on Friday showed, as supply chain disruptions, rapid consumer demand and rising housing costs fuel an […]