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What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
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China Slips Into Deflation in Warning Sign for Global Economy
China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source link
Pay Raises Are Finally Beating Inflation After Two Years of Falling Behind
Listen to article (2 minutes) Americans’ growing paychecks surpassed inflation for the first time in two years, providing some financial relief to workers, while complicating
Inflation Tracker: The Items That Have Gotten Cheaper—And the Ones That Have Proven Sticky
Listen to article (1 minute) The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
China Consumer Price Growth Eases, Reflecting Caution on the Economy
Economy Asia Economy While the scrapping of Covid controls has opened up the economy, joblessness and an uncertain outlook have kept a lid on domestic