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Inflation Stays at 2.4%, but Iran War Sparks Fears of New Price Surge

Inflation Stays at 2.4%, but Iran War Sparks Fears of New Price Surge

by Stephanie Hong | Mar 18, 2026 | Consumer Price Index, Economy, Inflation

Inflation held steady in February until just before the United States attacked Iran. Now U.S. oil prices are surging, and prices overall will do the same. The Consumer Price Index (CPI), released on Wednesday by the Bureau of Labor statistics, rose 2.4% from a year...
The United States Enters a War Weighed Down by High Inflation

The United States Enters a War Weighed Down by High Inflation

by Giulio Gnash | Mar 14, 2026 | Economy, Featured, Inflation, Personal Income

Stubbornly high inflation paired with another war in the Middle East could spell trouble for the U.S. economy. Personal income rose 0.4% in January, according to the Bureau of Economic Analysis, but inflation reduced that gain to just 0.15% in real terms. The PCE...
Inflation cools more than expected in February, but threat of tariffs looms overhead

Inflation cools more than expected in February, but threat of tariffs looms overhead

by Sami Marshak | Mar 23, 2025 | Consumer Price Index, Economy, Featured, Inflation

Inflation in February slowed more than expected, although the threat of widespread tariffs, especially on goods from China, brings uncertainty about what’s to come in the future. The Consumer Price Index (CPI) rose 2.8% year-over-year, slightly lower than the 2%...
Inflation prices rose unexpectedly in January, further stalling Fed interest rate cuts

Inflation prices rose unexpectedly in January, further stalling Fed interest rate cuts

by Sami Marshak | Mar 4, 2025 | Consumer Price Index, Featured, Inflation

Inflation ticked upward in January, rising higher than many economists expected—a sign that the economy is headed  in the wrong direction.  Prices rose 3% in January from a year ago — a full percentage point higher than the Fed’s 2% target goal, the Bureau of Labor...
5 things to watch in April’s CPI report

5 things to watch in April’s CPI report

by Genna Contino | May 14, 2024 | Consumer Price Index, Economy, Inflation

Inflation is still top of mind for many voters heading into the presidential election, despite the rate of price acceleration slowing considerably from its pandemic-era extremes. The consumer price index report, set to release Wednesday morning, will provide insight...
The Credit Crunch is Changing Banks’ Tune About the Cannabis Industry

The Credit Crunch is Changing Banks’ Tune About the Cannabis Industry

by Joseph Lingad | May 24, 2023 | Economy, Inflation

When Noah Carey founded his company in 2015, no banks worked with the cannabis industry. But now he is seeing financial institutions that once balked at the underserved market have a change of heart — in part because of the recent banking crisis. Carey’s company,...
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Welcome to Issue Number One

Welcome to Issue Number One, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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