by Sharif Paget | May 23, 2018 | Consumer Price Index, Economy, Featured, Jobs, Newest, Oil and Gas
Back in 2014, the oil industry was booming and companies could have their pick of workers. Now it’s booming again, but workers are much harder to come by. The oil industry is struggling to find enough workers in the tight labor market. Companies that could once grow...
by Sharif Paget | May 7, 2018 | Economy, Featured, Jobs, Newest
The unemployment rate fell to its lowest level in 17 years in April as the economy’s record-shattering streak of adding jobs continued. Significant wage growth, however, remains elusive. The jobless rate crossed the 4 percent threshold and clocked in at 3.9, the...
by Sharif Paget | Apr 11, 2018 | Autos, Consumer Price Index, Economy, Featured, Jobs, Newest
The Labor Department will release its consumer price index Wednesday, following a lackluster jobs report and the Federal Reserve’s decision to only raise interest rates three times this year. The median economist forecasts show CPI will be unchanged in March, which...
by Sharif Paget | Mar 27, 2018 | Autos, Consumer Price Index, Economy, Newest
Chris Leonardo started driving for ridesharing apps, such as Uber and Lyft, three years ago in San Fernando Valley, CA. Today, he pays almost twice as much to fill up his tank. But the ridesharing companies don’t reimburse him for gas, and the apps’ rates have...
by Sharif Paget | Mar 18, 2018 | Autos, Consumer Price Index, Economy, Jobs, Newest
Investors breathed a sigh of relief after February’s small increase in consumer prices were released, easing concerns over inflation and faster interest rate hikes by the Federal Reserve. The consumer price index rose by 0.2 percent, right in line with economist...