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.
poll Poll Offers More Evidence that Partisanship is Dividing America A new poll conducted by YouGov for NBCLX found that Democrats and Republicans felt similarly about whether President Biden should have re-appointed Federal Reserve Chairman Jerome Powell… until they learned he was first named to the post by former President Trump. NBCLX Political Editor Noah Pransky joined LX News Now to explain what this says about political polarization in America.
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.
inflation Companies Used Inflation as an Excuse to Jack Up Prices, and She's Got the Receipts Many businesses have posted rising profits and 70-year-high profit margins since the pandemic. But executives have also talked openly in earnings calls about raising prices, and then saying the increases were due to inflation. And Lindsay Owens and her organization Groundwork Collaborative have the receipts to prove it. She joined LX News to talk about how many businesses are seeing...
gas prices This Is When Gas Prices Will Finally Start to Go Down, According to an Expert Inflation over the past year reached 7.5% — the greatest gain since February 1982 — and it’s creating a lot of financial anxiety because of gas prices especially. Within the next four months, gas prices could be “the highest we’ll see in our lifetimes,” Tom Kloza, founder of Oil Price Information Service, told NBCLX. So, when will drivers finally get some relief?
Joe Biden What Joe Biden Can (and Can't) Do About Inflation The U.S. is dealing with the coronavirus pandemic, a worker shortage and soaring prices. NBCLX Political Editor Noah Pransky breaks down what’s causing these complex issues, and what the Biden White House is able to do about them.
