When an economy unravels, it is not abstract charts that collapse but paychecks, savings, and the basic ability to buy food or fuel. I look at seven countries where fear is surging and where an ...
The price of food in grocery stores and restaurants surged to a three-year high last month, even as President Donald Trump on Tuesday insisted he had “defeated” inflation during what he described as ...
President Trump delivers remarks at the Detroit Economic Club. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this ...
Corrections & Clarifications: The December CPI report will be released Jan. 13. The December consumer price index report will offer a final read on a year in which inflation gradually eased on paper, ...
Turkish inflation slowed for the third month in a row, potentially allowing the central bank to maintain its downward interest-rate path in the new year. Annual price growth decelerated to 30.9% in ...
David joined Raw Story in 2023 after nearly a decade of writing about the legal industry for Bloomberg Law. He is also a co-founder and a commissioning editor at Hypatia Press, a publisher that ...
Inflation didn't get worse in December. But it didn't get better. Prices were up 2.7% a year ago. A drop in gasoline prices was more than offset by rising grocery and electricity bills. Inflation didn ...