by Jessica Lerner | May 20, 2021 | Economy
As other businesses shuttered their doors during the start of the novel coronavirus pandemic, Community Foods Market, an independent supermarket in Oakland, Calif., was busier than it had been in the nine months since its opening. Consumers flocked to the grocery...
by Jessica Lerner | May 11, 2021 | Consumer Price Index, Economy
The April report for the Consumer Price Index – a widely used measure of inflation and by proxy, of the effectiveness of the government’s economic policy – is expected to rise by the most in a decade as the base effect from last year’s pandemic collapse reaches its...
by Jessica Lerner | May 10, 2021 | Economy, Featured
Hiring slowed sharply last month, a sign of the uneven economic recovery as companies scrambled to find enough workers in the face of surging consumer demand. The economy added a disappointing 266,000 jobs in April, far below economists’ projections that about 1...
by Jessica Lerner | Apr 15, 2021 | Consumer Price Index, Economy, Featured
Consumer prices surged in March, intensifying fears of inflation as the country’s economy recovers from the novel coronavirus pandemic. The consumer price index jumped 0.6% from the previous month, in part, due to rising gasoline prices, data released by the Bureau of...
by Jessica Lerner | Apr 12, 2021 | Economy, Featured, Oil and Gas
When Ethan Ziegler left Natick, Mass., and hit the open road Feb. 17 for a nine-month cross country trek, all he took with him was whatever could fit in his 2015 Honda Civic. Ziegler, 25, had decided to leave his parents’ home, where he had been living since the start...