Where’s the Inflation From Tariffs? Just Wait, Economists Say.
From today’s New York Times: Tariffs raise consumer prices. It’s a view held by most economists since long before President Trump entered the White House. Prices rose when Mr. Trump…
Consumers Are Financing Their Groceries. What Does It Say About the Economy?
From today’s New York Times: For some American consumers, “buy now, pay later” loans aren’t just for big-ticket items like televisions and vacations. They’re for groceries, too. When Tia Hodge…
As Retailers Offered Holiday Discounts, Shoppers Showed Up
From today’s New York Times: Heading into the holiday shopping season this year, retailers said they expected consumers to be more discerning — motivated by deals rather than a once-a-year…
F.T.C. Sues to Block Kroger-Albertsons Grocery Store Deal
From today’s New York Times: The Federal Trade Commission and several state attorneys general on Monday sued to block Kroger, the supermarket giant, from completing its $24.6 billion acquisition of…
As Foreign Workers Return, Economists See Help for Labor Shortage and Inflation
From today’s NPR News Online: When the crowds return to Funland this summer, they’ll find familiar rides like the Fire Engines and the Sea Dragon at this small beachside amusement…
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In America, wage growth is getting wiped out entirely by inflation
From today’s Washington Post: Rising prices have erased U.S. workers’ meager wage gains, the latest sign strong economic growth has not translated into greater prosperity for the middle class and…