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Inflation

Why do weddings cost so much? 

by Janet Nguyen
Jul 12, 2024
The average cost of a wedding reached $33,000 in 2023. Expenses can add up quickly as couples face pressure to put on the perfect celebration.
The average cost of a wedding this year is $33,000, according to wedding registry service Zola.
PeopleImages/Getty Images Plus
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Sticky shelter prices make Fed's 2% inflation target hard to reach

by Stephanie Hughes
Jul 11, 2024
Housing costs rose 5.2% in June from a year earlier, pulling up the consumer price index.
Housing is in a supply crunch, which is keeping costs high and inflation from dropping further. But that doesn't mean the Fed won't cut rates.
Spencer Platt/Getty Images
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Climate change is expensive, and it could add to overall inflation

by Amy Scott and Sofia Terenzio
Jul 11, 2024
High temperatures can lead to price spikes and headline inflation, a study finds. Sarah Kaplan of The Washington Post explains.
Global olive oil prices have surged after extreme heat and drought in Europe last year cut production nearly in half, says Sarah Kaplan of The Washington Post.
Cristina Quicler/AFP via Getty Images
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Inflation's down for the third straight month. But is that enough for the Fed to cut interest rates?

by Daniel Ackerman
Jul 11, 2024
The short answer? You can never have enough data.
As Americans wait for the Fed to cut interest rates, inflation continues its downward trend.
Kevin Dietsch/Getty Images
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Real earnings outpace inflation, helping consumers offset price growth

by Mitchell Hartman
Jul 11, 2024
Raises in real earnings help offset price increases but not all consumers share the benefits equally.
Even though real earnings have recently outpaced inflation, consumer sentiment is still pretty glum.
Frederic J. Brown/AFP via Getty Images
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Small-business optimism climbs, but inflation agita persists

by Elizabeth Trovall
Jul 9, 2024
The mood among businesspeople is better than it has been this year, but they're still more pessimistic than the historical average.
High costs remain top of mind for many small-business owners, according to a survey from the NFIB
Scott Olson/Getty Images
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Stocks are up, but so are consumer prices. What's the connection?

by Daniel Ackerman
Jul 8, 2024
Investors are often wary of inflation. But those higher prices can bring benefits to companies.
Inflation has eased, the Federal Reserve has held interest rates steady and stocks have been making new highs.
Michael M. Santiago/Getty Images
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In 1976, concert tickets cost less than $10. Now, they can go for thousands. What happened? 

by Janet Nguyen
Jul 8, 2024
As record sales declined, concert ticket sales became the big moneymaker for artists.
Bruce Springsteen and the E Street Band perform at Mohegan Sun Arena on April 12 in Uncasville, Connecticut.
Astrida Valigorsky/Getty Images
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A closer look at wage measures hints at why consumers still feel gloomy

by Meghan McCarty Carino
Jul 4, 2024
Average wage growth has slowed in recent months, though according to the May jobs report, it’s still ahead of inflation.
"While wages have grown across the board, we've actually had the strongest wage growth among the lowest earners," says Valerie Wilson at the Economic Policy Institute.
Joe Raedle/Getty Images
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Federal Reserve, assessing inflation-unemployment link, faces an inflection point

by Caleigh Wells
Jul 3, 2024
But some economists say the relationship between inflation and employment is not as black and white as it used to be.
The Fed weighs the relationship between interest rates and employment levels as part of its mandate.
Joe Raedle/Getty Images
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