inflation Here's What Recent Inflation Means For Your Wallet Inflation rose 0.1% in August even with a sharp drop in gas prices, according to the consumer price index report released Tuesday. While it doesn’t sound like much, inflation trickles down into our daily lives. Lori Bettinger, the president of Bancalliance and former director of TARP, joins LX News to discuss how exactly this increase in inflation impacts your daily...
Starbucks Corp. Pumpkin Spice Lattes Are Back, But They'll Cost You Starbucks brought back its signature pumpkin spice lattes on Tuesday, but they’ll cost about 50 cents more this year thanks to inflation.
inflation Federal Reserve Chair Says Rates Will Rise ‘Until the Job Is Done' Combating Inflation Federal Reserve Chairman Jerome Powell delivered his annual policy speech and reiterated that the central bank will continue to flight inflation even as it brings “some pain to households and businesses.”
Social Security Social Security Checks May Get Boost Seniors impacted by inflation rates are likely to see a major boost in their social security checks starting next year.
Electric Cars Are Electric Vehicles Affordable? Here's How the Costs Break Down. With inflation driving up the price of everything from cars to gas, is it time to look into budgeting for an electric vehicle?
Electric Cars Think You Can't Afford an Electric Car? Think Again With the price of gas soaring, it might be time to look into buying an electric vehicle. And the cost might be more affordable than you may think. LX News storyteller Eric Rodriguez talks to experts to find out how the purchase price, incentives, and charging costs break down.
Economy Biden Defends Economy, Job Markets Despite GDP Decline After the Commerce Department reported the second straight quarter of GDP decline, President Joe Biden spoke Thursday to tout the strong job market and deflect rumors of an impending recession. “That doesn’t sound like a recession to me.”
Inflation Reduction Act of 2022 Biden Urges Lawmakers to Pass Bill Targeting Inflation, Climate Change President Joe Biden urged lawmakers Thursday to pass the Inflation Reduction Act of 2022, a bill which would offer inflation relief and invest in energy security and climate change programs.
interest rates Federal Reserve Raises Interest Rate by 0.75% in Bid to Curb Inflation The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation.
inflation US Inflation Hits a New 40-year High of 9.1% in June Consumer prices saw the biggest 12-month increase since 1981.
