Expectations Matter: Why This Inflation May Stick Around
Both the CPI and PPI came in hotter than expected. The oil shock from the war is spreading to other prices, and once inflation gets into expectations, it’s much harder to bring down.
Americans Feel the Pain of war
Inflation rose to 3.7% in September, driven by a 34.2% jump in gasoline and 74.2% in fuel oil. Core inflation sits at 2.6%, and real wages are falling.
The Economy Runs on What You Think Will Happen Next
This year’s Nobel Prize goes to two economists who built expectations into how we stabilize the economy. Here’s why that matters for your mortgage and for the Fed.
Bad Jobs Report
Employers added 29,000 jobs in September, far below the 84,000 expected. Here's who is getting hired, why your raise feels smaller, and what a cold market means for you.
JOLTS Report
Job openings fell to 7.08 million in August, below the 7.2 million expected. Layoffs and quits both dropped, so workers are staying put. Here's what that signals ahead of Friday's jobs report.
The $800 Shipping Loophole Is Gone. Here’s Who Pays.
The U.S. ended the de minimis exemption for imports under $800. What changed, why the rule existed since 1938, and what it means for prices, small businesses, and your next online order