by Rosemary Misdary | May 19, 2019 | Economy
There is no snooze button at the Somerfeld household on the Upper East Side of Manhattan. While Lance Somerfeld puts a pink tank top and matching skirt on his daughter Jade, 4, his wife, Jessica, is buttoning her suit. She snatches her briefcase, and races out the...
by Rosemary Misdary | Apr 9, 2019 | Consumer Price Index, Economy, Oil and Gas
March consumer prices will be released on Wednesday. Economists predict consumer prices will rise 0.3 percent, and core prices, less food and energy, will increase by 0.2 percent. In previous months, consumer prices have been muffled with no evidence of inflationary...
by Rosemary Misdary | Apr 6, 2019 | Consumer Price Index, Economy
The rise in Consumer Prices met expectations for February, a sign that the economy is not overheating, and interest rate hikes are unlikely in the near future. After three months of no change, the 0.2 percent rise in prices was considered moderate, and in keeping with...
by Rosemary Misdary | Apr 2, 2019 | Autos, Durable Goods, Economy
After four consecutive years of record-high vehicle sales, manufacturers will face a slump this year in new vehicle sales. Automakers are off to a rough start this year. January and February sales were down 2.6 percent, the lowest two-month sales since 2009. Sales...
by Rosemary Misdary | Mar 6, 2019 | Consumer Price Index
Consumer prices remained unchanged for the third consecutive month allaying concerns that prices would go up, signaling inflation and triggering the Federal Reserve to hike interest rates. Consumer prices did not meet the consensus of a 0.1 percentage point increase....
