In 1970, a cup of coffee cost around 25 cents. Today, that 25-cent cup of joe would actually cost around $1.70. The coffee didn’t get any better. The price was driven up by the relentless pressure of ...
Confused about inflation? You're not alone. Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Other WRAL Top Stories Let's ...
Inflation has been a central concern for voters in the upcoming election, with many pointing fingers at President Joe Biden and Vice President Kamala Harris. But is it fair to blame them entirely for ...
Inflation is lower than it was a year ago. But you may not be feeling any less frustrated when you pay your bills. That’s because prices across all goods and services haven’t actually gone down.
Currently the most underrated theory in economics is the so-called Quantity Theory of Money. It has been out of fashion for a long time, and even Federal Reserve Chair Jerome Powell has said that a ...
Pennsylvanians, who live in one of America’s most productive states for natural gas extraction, have seen their utility bills climb despite that ample supply. Experts say the fault lies in the trio of ...
Inflation isn’t a four-letter word, but the way that everyone from economists to TV pundits to politicians talks about it, it might as well be. Even if you don’t know exactly how inflation works, ...
Predictions from mainstream economists were dire after President Donald Trump launched his tariff campaign just a couple weeks after he began his second term in office: Prices would rise — sharply — ...
Editor’s note: This is the fifth story in an occasional series on the causes and impact of inflation. It has been a while since televisions were a real money maker, at least for small businesses. Just ...
Retail inflation in October has hit its lowest level since 2013 - the time that this series of CPI inflation started. At the ...
On this week’s episode of “Politics Explained,” theGrio’s Natasha S. Alford breaks down the political consequences of inflation under Joe Biden and Donald Trump. She also explains how inflation and ...