When inflation began to accelerate in 2021, price pressures were clearly tied to the pandemic: Companies couldn’t produce cars, couches and computer games fast enough to keep up with demand […]
Price Gouging
Trending topics and news from the Price Gouging category
Back to news homeInflation in the United States: What You Need to Know
The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest rate of increase in four decades.Americans are confronting more expensive food, fuel […]
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 […]
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, […]
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 […]
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 […]