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Consumers are turning online for Cyber Monday to score more discounts on items that have ballooned in price because of high inflation.
Tagged with: inflation shopping
Read More »Cyber Monday deals lure in consumers amid high inflation
Holiday shoppers hunt for deals, but inflation makes bargains elusive
Consumers holding out for big deals may be disappointed as they head into the busiest shopping season of the year.
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Read More »Trimming the fat: Inflation finally hitting corporate profit margins
Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending.
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Read More »Retail sales rose 1.3% last month, a sign of resilience
Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins.
Tagged with: inflation retail spending
Read More »Wholesale inflation eases in 4th straight slowdown
Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation is easing from painfully high levels.
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Read More »Fed vice chair ‘reassured’ by inflation report
Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week's U.S. inflation report, which pointed to slower price increases.
Tagged with: federal reserve inflation
Read More »Consumer inflation eased to 7.7% over past 12 months
Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing.
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Read More »Fed chair: Rate hikes may slow, but inflation fight hardly over
The Federal Reserve again pumped up its benchmark interest rate Wednesday.
Tagged with: federal reserve inflation
Read More »Consumer confidence takes a hit in October
U.S. consumer confidence waned this month as concerns about inflation took hold after receding somewhat in recent months.
Tagged with: consumer confidence inflation
Read More »IRS ups standard deductions, tax brackets due to inflation
Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward because of persistently high inflation.
Tagged with: inflation IRS Taxes
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