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News Articles: inflation

Consumers shop in the produce section of a Walmart store in Burbank, Calif., on August 15, 2022. Produce prices have been rising recently, the latest area hit by inflation.

Tagged as: 

  • Economy

Inflation dips in November, as gasoline savings eclipse grocery price increases

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

December 13, 2022
|
By:
  • Scott Horsley
A builder sands the body of a guitar at the Fender factory, in Corona, California, on October 6, 2022. Industries sensitive to rising interest rates have been slowing hiring.

Tagged as: 

  • Economy

The U.S. gained 263,000 jobs last month. It's good news for workers, but not the Fed

Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.

December 02, 2022
|
By:
  • Scott Horsley
Shoppers walk the aisles of Walmart for Black Friday deals in Dunwoody, Georgia. Walmart opened at 6am on Black Friday for shoppers.

Tagged as: 

  • National

Inflation looms large as Black Friday shoppers head to the stores

More than 60% of shoppers say the economy is affecting their holiday plans. Many say they'll be more selective in their purchases, going for cheaper goods and less expensive stores.

November 25, 2022
|
By:
  • Emily Olson
The empty assembly line at the Duralex glassware factory in Orléans, France, on Nov. 15.

Tagged as: 

  • World

Europe fears its industries will jet to the U.S. as energy costs force plant closures

Duralex glassware maker is just one company that's suspended operations over spiking energy costs after a cutoff of Russian natural gas.

November 25, 2022
|
By:
  • Eleanor Beardsley
GPB  NPR

Tagged as: 

  • Business

Come for the free cookies, stay for the shopping

With high inflation and rising expenses, small businesses hope to lure shoppers with food, holidays cheer, instead of deep discounts.

November 24, 2022
|
By:
  • Mary Yang
Hold For Biz—Frozen turkeys sit in a refrigerated case Wednesday, Nov. 17, 2021, inside a grocery store in southeast Denver.

Tagged as: 

  • News

Even as food prices rise, consumers aren't stopping shopping

A traditional Thanksgiving dinner has increased about 20% this year and food prices, in general, have risen 12%.

November 22, 2022
|
By:
  • Devon Zwald
People shop for bread at a supermarket in Monterey Park, California on October 19, 2022. Grocery prices were up 12.4% last month from a year earlier, a government report showed.

Tagged as: 

  • Economy

Stock market surges after inflation report shows the pain of high prices may ease

Stocks experienced their biggest rally in two years after a report that inflation is currently running at 7.7%.

November 10, 2022
|
By:
  • Scott Horsley
The Broughton family prepares for their dinner prayers during a gathering on November 26, 2020 in Los Angeles, California. Prices for Thanksgiving staples like turkey are on the rise this year, thanks to inflation.

Tagged as: 

  • Economy

Rising prices are on the menu for Thanksgiving, with inflation currently at 7.7%

With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.

November 10, 2022
|
By:
  • Scott Horsley
A man ponders the options at a Dollar Store in Alhambra, California. Shoppers continue to face high prices on everyday goods. Inflation is the top voter concern in the midterm elections.

Tagged as: 

  • Politics

Inflation is top issue in this week's midterms

Rising prices are a top concern for voters in this year's midterm elections, outpacing abortion, crime and defending democracy. Prices in September were up 8.2% from a year ago.

November 08, 2022
|
By:
  • Scott Horsley
Workers attach siding to a house at a new home construction site in Trappe, Maryland, on October 28, 2022. Rising interest rates could mean slowing job growth in construction and manufacturing.

Tagged as: 

  • Economy

U.S. hiring cooled slightly in October. That could help to ease inflation

Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.

November 04, 2022
|
By:
  • Scott Horsley
This is one of 194 homes The Port of Greater Cincinnati Development Authority bought this year. The purchase is a first for the agency, which wanted to prevent investors from buying the homes and possibly increasing rent or evicting tenants.

Tagged as: 

  • National

It's harder to buy a house. This city fought back by outbidding corporate landlords

A Cincinnati agency says large investors are taking some of the most affordable homes off the market, exacerbating the racial wealth gap. It's now helping its new tenants buy the homes themselves.

November 03, 2022
|
By:
  • Jennifer Ludden
Federal Reserve Chair Jerome Powell attends a meeting of the International Monetary and Financial Committee in Washington, DC, on Oct. 14. Powell announced another interest rate hike on Wednesday.

Tagged as: 

  • Economy

The Fed orders another jumbo interest rate hike. Many are wondering what's next

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

November 03, 2022
|
By:
  • Scott Horsley
People walk into a polling location at the Elections and Voter Registration Office in Cumming, Ga.

Tagged as: 

  • Elections

How Biden changed his tune on inflation as prices soared and the midterms loomed

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.

October 29, 2022
|
By:
  • Asma Khalid
PBS NewsHour How high could gas prices go as sanctions ratchet up on Russia?

Tagged as: 

  • Politics

Political Rewind: Inflation at the ballot box and ballot questions explained

Friday on Political Rewind: With gas prices and grocery bills higher than average, voters say inflation is a top concern.

Our special Friday panel answers your questions: Why is inflation happening? Will there be a recession? And can elected leaders do anything about it?

 

October 28, 2022
|
By:
  • Bill Nigut ,
  • Chase McGee ,
  • and 1 more
Former Georgia running back and Republican Georgia Senate candidate Herschel Walker attends a college football game between UAB and Georgia, Sept. 11, 2021, in Athens, Ga. Police in Irving, Texas once confiscated a gun from Walker following a domestic disturbance because the former football legend talked about having “a shoot-out with police.” The revelation was included in a 2001 police report that recently obtained by The Associated Press.

Tagged as: 

  • Politics

Political Rewind: Second woman alleges Walker paid for abortion; Latino vote; Poll workers

Thursday on Political Rewind: A second woman has alleged that Herschel Walker tried to convince her to have an abortion. How will it affect his campaign?



Plus, election officials brace for disruptions at polling places motivated by the "big lie" conspiracy.

And a look at Georgia's Hispanic electorate.

 

October 27, 2022
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
  • Load More

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