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 | 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....
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 | 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...
