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Sunday didn’t just ring in the new year: It also marked an increase of Missouri’s minimum wage to $12 an hour, up from $11.15 last year. Kansas’ minimum wage has stayed at the federal level ...
The stubborn inflation data raised several ominous specters, namely that the Fed may have to keep rates elevated for longer than it or financial markets would like, threatening the hoped-for soft ...
The latest Consumer Price Index report wasn’t flashy by any means: The inflation gauge that measures price changes for a basket of goods and services ticked down slightly to 3.1% for the 12 ...
Today’s inflation report shows that real weekly wages are now down 4.4% and prices are up 19.9% since Biden took office. That’s Bidenomics! — GOP (@GOP) May 15, 2024
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But data over a shorter 3-month and 6-month horizon continued easing towards 2%, and Fed officials have said coming comparisons with relatively high inflation a year ago should help pull the year ...