Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.
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WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.
The head of the Federal Trade Commission wants to investigate whether grocery stores could do more to lower prices for Americans, as many shoppers continue to be shocked over their food bills.
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WASHINGTON (AP) — The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees.
WASHINGTON (AP) — President Joe Biden’s economic policies have been slammed by several speakers at the Republican National Conference. But some of the criticism was off base.
Statistics Canada says the annual rate of inflation slowed in June, but renewed pressures are showing up at the grocery store.
The Federal Trade Commission on Tuesday sharply criticized pharmacy benefit managers, saying in a scathing 71-page report that “these powerful middlemen may be profiting by inflating drug costs and squeezing Main Street pharmacies.”
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases.