inflation

Indicators

US Retail Sales Surge as Consumers Shrug Off Inflation, High Interest Rates

Photo by Mostafa Meraji via Unsplash

Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.

1 min read

Photo by Denys Nevozhai via Unsplash

Inflation & Prices

Rent, Car Insurance Are Keeping Inflation High

Our new high-tech vehicles are becoming pricier to repair, and we’re getting in more accidents than ever before.

2 min read
Photo by European Parliament via CC BY 2.0

Inflation & Prices

Europe Poised to Cut Rates Far Sooner Than US

The European Central Bank signaled that it might be ready to pull the trigger in June.

2 min read
Photo by Steve Jurvetson via CC BY 2.0

Banking

Jamie Dimon Sticks to His Cautious Worldview

JPMorgan’s CEO sees a lot of potential in the US economy — and plenty of obstacles to overcome.

2 min read

Consumer

Low Cocoa Crop Yields Have Sent Chocolate Prices Soaring

Photo by Dannyel Spasov via Unsplash

Cocoa futures hit a record high this week of over $10,000 per metric ton — not a great start to the Easter weekend.

2 min read

Consumer

Walmart Finds a New Secret Weapon: E-Commerce

Photo by Mike Mozart via CC BY 2.0

The company’s online sales topped 16% of total sales in its most recent quarter, its highest level yet.

1 min read

OP-ED | Power Corridor

The Great Talent Crisis

Fewer people are working than almost any other time in U.S. history.

5 min read

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