Tag: inflation
Retail sales rose 0.3% in May, beating analyst expectations
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May.
According to the...
Is the Federal Reserve winning in the battle against inflation?
This year, two indicators of U.S. inflation are likely to diverge, with one indicating that the Federal Reserve's job is almost complete and the...
Why this dealer expects the industry to adjust to economic challenges...
As the year progresses, auto dealers will need to monitor and adjust their business practices to fit the modern landscape. On this episode of...
U.S. retail sales see largest growth in two years despite inflation...
U.S. retail sales rose 3% in January, according to the U.S. Commerce Department, the biggest monthly increase since March of 2021.
Analysts had originally expected...
US inflation accelerated again in September, rising 8.2%
The month of September saw inflation accelerate rather than the decline economists hoped to see. Housing costs and the price of other goods increased...
CarMax Q2 earnings fall short, says inflation is shrinking car demand
CarMax saw its stock plummet after an announcement that it missed second-quarter earnings expectations. Shares dropped nearly 25%, marking a new 52-week low. CarMax...
Steve Forbes: Biden Administration ignoring ‘real cure’ for inflation
According to Steve Forbes, chair of Forbes Media, the US is too focused on raising interest rates in an effort to curb inflation and...
Used car prices could indicate what’s next for inflation
According to Wall Street experts, the decline in used car prices could signify that inflation is easing. That’s good news, especially after another interest...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...
Billionaire investor Ray Dalio predicts recession, high interest rates
Ray Dalio, a prominent investor, and Bridgewater Associates founder, shared his opinion about inflation, falling stock prices, and future interest rate increases on social...
