inflation Don't Expect Inflated Prices to Go Down Soon “The best we can hope for is a slowdown in price growth, not so much a decline,” says Kayla Bruun, economic analyst at Morning Consult. She joined LX News to explain how inflation affects you.
Russia-Ukraine Crisis Biden's $33B Ukraine Aid Request Signals a Long Conflict Ahead President Biden said his request for an additional $33 billion in military and humanitarian aid for Ukraine reflects the importance of the mission. What else does it tell us about what’s ahead? NBCLX storyteller Clark Fouraker talked to Arik Burakovsky of Tufts University’s Fletcher School of Law and Diplomacy to put the request in perspective.
Housing Will the Housing Price Boom Finally Start to Slow Down? Inflation is at a 40-year high and interest rates are going up too. So potential homebuyers might need to set their sights on a cheaper home in a more affordable area, while other potential buyers might back out of the market for now, says Lawrence Yun, chief economist for the National Association of Realtors.
poll Dems, Republicans Share Similar Views of U.S. Inflation Czar…Until They Learn He Was a Trump Appointee New poll finds Americans have few opinions of Fed Chair Jerome Powell, but that changes when they’re provided information about who first appointed him.
inflation Inflation Rates Are Soaring in the US—But How Do Global Numbers Compare? The American consumer price index, which measures inflation through the cost of popular goods, is up 8.5%. Price increases of this magnitude haven’t been seen since 1981, and the U.S. is not the only country dealing with high levels of inflation right now, NBCLX Political Editor Noah Pransky explains.
renters LA Rent Is Among the Least Affordable in the US. How Did This Happen? In 2021, rent rose about 14% across the country, the biggest surge in over two years. Of the 10 U.S. cities with the highest average rent, six, including Los Angeles, are in California. NBCLX storyteller Cody Broadways talks to one couple, both artists, who were hit hard by the rent spike and explores potential solutions.
gas prices Higher Oil and Gas Prices Affect More Than Just Paying at the Pump About 6 to 10% of food prices come from transportation costs, and with fuel prices rising, the increased cost to transport food could be passed onto the consumer. Many plastics used in packaging and clothing are made from petroleum products as well. John Quelch, dean of the University of Miami Herbert Business School, joined LX News to explain how rising...
gas prices US Gas Prices Reached a Record High, But Californians Have It Worst. Here's Why Gas prices across the country have surged in recent weeks, with San Francisco recently becoming the first U.S. city where gas costs over $5 a gallon on average. NBCLX storyteller Cody Broadway breaks down why prices are higher in California and whether drivers will have relief at the pump anytime soon.
