Are the Pieces Falling Into Place? The path to the Federal Reserve lowering interest rates depends on important economic data, such as jobs and inflation, continuing to cool. As of Friday last week, we can check the first item off the list after the June unemployment rate rose, and the number of jobs added in…Read more
BBQ Prices Got Independence Day plans? They could cost you more than last year. Hosting a 4th of July barbecue for 10 people could cost you about $71.22 total, a 5% increase from last year, according to new data from the American Farm Bureau Federation. That’s more than inflation, which stood at 3.3% in May….Read more
Thanks to the continuously rising cost of living, Americans are becoming increasingly price-conscious in their shopping decisions. Now companies have a new strategy to attract shoppers again, and it’s buzzword-worthy too: Bloomberg calls it “upflation.” What Is Upflation? Remember “shrinkflation,” when companies kept prices stable while package sizes shrank? Upflation is essentially the opposite of…Read more
