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The War on Inflation Is a Class War
Federal Reserve chair Jerome Powell recently warned that the United States was at risk of stagflation, a combination of high inflation and economic slowdown. When this happened in the 1970s, ...
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Uncertainties give businesses lots of reasons to at least postpone investment decisions. On the persistence of inflation I am not so sure. The reason the inflation of the 1970s persisted was not just ...
The average American family will pay about $2,500 more this year because of tariffs. But unlike inflation, your wages won’t rise to compensate. That’s because tariffs work differently than inflation.
Torsten Slok has been turning heads on Wall Street with his charts for years, since he was at Deutsche Bank and continuing on into his current role at Apollo Global Management. His market analysis ...
Gold prices extended their extraordinary gains, with bullion prices surpassing their inflation-adjusted record set more than 4 decades ago. Spot gold prices rose 0.1% on the session to $3,656.40 an ...
Retirees on Social Security receive a cost-of-living adjustment (COLA) in most years. COLAs help to ensure benefits don’t lose buying power due to inflation. Seniors received some impressive COLAs in ...
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