prices

Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
January 12, 2024  |  Economy

The Producer Price Index (PPI) declined for a third consecutive month in December.  Final demand prices fell 0.1% in December after dropping 0.1% in November...

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Consumer Goods Prices Drop as Supply Chains Reopen
Consumer Goods Prices Drop as Supply Chains Reopen
December 10, 2023  |  Economy

Following a long battle with inflation, shoppers are discovering deals once more. As The Wall Street Journal notes in a report Sunday (Dec.10), the easing...

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Overall Inflation May Be Steady, but Food Prices Tick Up Again
Overall Inflation May Be Steady, but Food Prices Tick Up Again
August 10, 2023  |  Economy

July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. But in the devil’s in the details, as they say, and the...

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Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
Report: Hourly Wages Outpace Inflation for 1st Time Since 2021
July 17, 2023  |  Economy

For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...

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Restaurants’ Declining Service Threatens Diner Loyalty
Restaurants’ Declining Service Threatens Diner Loyalty
May 31, 2023  |  Restaurant innovation

As restaurant prices rapidly rise, consumers are noting restaurants reducing costs by compromising on service — decisions that could come at the expense of diner...

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BLS: Consumer Price Index Fell In May
BLS: Consumer Price Index Fell In May
June 10, 2020  |  Retail

With the COVID-19 pandemic underway, consumer prices fell last month, led by drops in prices for motor vehicle insurance, energy and apparel. These price drops,...

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Uber Says California’s AB5 Law Could Cost 158,000 Drivers Their Jobs
Uber Says California’s AB5 Law Could Cost 158,000 Drivers Their Jobs
May 29, 2020  |  Ridesharing

If Uber is forced to classify its drivers in California as employees, 158,000 will be out of work, the company said. C/NET reported the San...

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US Consumer Price Index Drops To 2008 Level In April
US Consumer Price Index Drops To 2008 Level In April
May 12, 2020  |  Economy

The Consumer Price Index (CPI) fell to its lowest level in a dozen years last month, according to the U.S. Bureau of Labor Statistics (BLS)....

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Treasury Sec., Walmart CFO Discuss China Trade War Price Effects
Treasury Sec., Walmart CFO Discuss China Trade War Price Effects
May 22, 2019  |  Retail

U.S. Treasury Secretary Steven Mnuchin told Congress on Wednesday (May 22) that he spoke with Walmart Chief Financial Officer Brett Biggs about the effects of...

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