Federal economic data, as well as the Labor Department’s Producer Price Index and Consumer Price Index, could dominate economic news this week. And while the earnings season is winding down, quarterly reports from Nike and Ross…
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…
Inflation has inched higher in the past six months, but that’s not a danger sign, but rather a harbinger of improving economic conditions and a strengthening recovery. And that, in turn, should lead to higher wages and more hir…
Government measures show that inflation, at 1.6% in January, is still below the Fed’s target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising becaus…
Rising food and energy prices will likely hit America the same way they’ve hit other countries. Other inflationary forces are more variable from nation to nation. Still, the U.S. can’t fully escape rising prices, especially whe…