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Food Prices Soared in 2022, Americans Hope for Improvement in 2023

(The Center Square) Food prices soared in 2022, and so far there are few solutions on the horizon for 2023. The latest Consumer Price Index...

Holiday Sales Up 7.6% Despite the Squeeze of Inflation

(AP) Holiday sales rose this year as American spending remained resilient during the critical shopping season despite surging prices on everything from food to...

Biden Gives Federal Employees Major Raise, Still Doesn’t Keep Up with...

(The Center Square) President Joe Biden signed an executive order giving federal employees a significant pay bump heading into the new year, but that...

Inflation Rose Slightly in November, Data Shows

(The Center Square) Newly released federal inflation data shows that inflation rose slightly in November. The Bureau of Economic Analysis released its Personal Consumption Expenditure...

Why Central Banks Will Choose Recession Over Inflation

(Daniel Lacalle, Mises Institute) While many market participants are concerned about rate increases, they appear to be ignoring the largest risk: the potential for a...

Small Businesses Report Hardship Due to Inflation This Christmas Season

(The Center Square) Small businesses around the country still see inflation as a top concern this Christmas season. Goldman Sachs released survey data that found...

Federal Inflation Data: Grocery Prices Continue to Rise Nationally

(The Center Square) While overall inflation has slowed from its rapid pace earlier this year, grocery prices continue to rise, putting Americans in a...

A Diminished Workforce Could Lead Fed to Keep Rates High

(AP) Still eager to hire, America’s employers are posting more job openings than they did before the pandemic struck 2½ years ago. Problem is,...

Key Inflation Marker Rose More Than Expected

(The Center Square) The U.S. Bureau of Labor Statistics released new inflation data Friday for wholesale prices with a 0.3% rise in November, part...

Inflation Slows, But Americans Still Feel It

(The Center Square) Inflation has slowed from its rapid growth in the past two years, but surveys show Americans are still feeling the pain...