rise in price level in an economy over time
IMF cuts GDP growth forecast for Bangladesh again: The Washington-based lender said the economy would grow by 5.7 percent in 2023-24, lower than the 6 percent ...
thedailystar.net/business/economy/news/imf-cuts-gdp-growth-forecast-bangladesh-again-3588511
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
ECB Should Consider Overhaul of Forecasting, Schnabel Says: The European Central Bank should consider rethinking how it forecasts economic growth and inflation ...
bloomberg.com/news/articles/2024-04-17/ecb-should-consider-overhaul-of-forecasting-schnabel-says
New York to Get First US Rebates for Energy-Efficient Appliances: The Department of Energy approved New York’s program for distributing Inflation Reduction Act ...
bloomberg.com/news/articles/2024-04-18/new-york-to-get-first-us-rebates-for-energy-efficient-appliances
Paid articlePaid
The US economy is running hot, and the Middle East conflict holds additional inflation potential.
👉 Why this thwarts the central banks' interest rate ... Show more www.handelszeitung.ch/konjunktur/nun-droht-ein-zweiter-inflationsschub-703341
One question on Wall Street's mind: How will Israel respond to Iran's attack? The reporting season is off to a satisfactory start with solid figures from ... Show more www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-nasdaq-us-boersen-starten-dank-starker-bankbilanzen-kaum-veraendert/100032907.html
How much camping at WA state parks may cost under new plan: The proposed increases will help the state catch up with inflation. Prices for camping were last ...
seattletimes.com/seattle-news/northwest/wa-considers-hiking-fees-for-campers-boaters-at-state-parks/
3 ways to save money for people on a fixed income: These tips might help you make the most of your fixed budget well into your golden years
ajc.com/things-to-do/aging-in-atlanta/3-ways-to-save-money-for-people-on-a-fixed-income/HGGEHJ4PHZD33CMT3PGEZTEVQA/
Man injured after crashing pickup into Battle Ground auto parts store: A driver suffered minor injuries Monday afternoon after crashing a pickup into an auto ...
columbian.com/news/2024/apr/01/man-injured-after-crashing-pickup-into-battle-ground-auto-parts-store/
WA’s top problem? Your answer may depend on where you live: A new survey reveals a wide geographic gap, particularly when it comes to the top two problems ...
seattletimes.com/seattle-news/data/was-top-problem-your-answer-may-depend-on-where-you-live/
Loaded for Bear: Zimbabwe failed state has adopted gold standard, what could go wrong?
dailymaverick.co.za/article/2024-04-08-loaded-for-bear-zimbabwe-failed-state-has-adopted-gold-standard-what-could-go-wrong/
Westport bar, site of fatal shooting, closes after 10 years. Owners blame inflation
kansascity.com/news/business/openings-closings/article287518215.html
Paid articlePaid Key economic figures mixed, but expert calls indicators for Clark County’s economy positive
columbian.com/news/2024/mar/28/key-economic-figures-mixed-but-expert-calls-indicators-for-clark-countys-economy-positive/
Paid articlePaid
Here's what raises will be like this year, per a new survey: Pay bumps will likely outpace inflation in 2024.
axios.com/2024/03/20/heres-what-raises-will-be-like-this-year-survey
State of the Union 2024: Biden to begin laying out second-term vision: Biden to give State of the Union tonight as he grapples with Gaza, Ukraine ...
nbcnews.com/politics/white-house/biden-state-union-address-2024-rcna142240
Economy: US consumer sentiment slightly more pessimistic: High prices continue to weigh on consumer sentiment in the USA. Expectations for the next six months ...
handelsblatt.com/politik/konjunktur/konjunktur-us-konsumstimmung-etwas-pessimistischer/100027955.html
Powell and Fresh Inflation Data Set to Crash Market Holiday: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-03-28/powell-and-fresh-inflation-data-set-to-crash-market-holiday
Global Economy Latest: How Long Will Inflation Last: I’m Rich Miller, an enterprise writer on the economy in Washington, and today we’re looking at two new ...
bloomberg.com/news/newsletters/2024-03-28/global-economy-latest-how-long-will-inflation-last
Letters: Population growth is driving housing prices up in Colorado and pushing locals out
denverpost.com/2024/03/28/letters-affordable-housing-shortage-jena-griswold-gop/
US Federal Reserve: Fed keeps key interest rate at high level for the fifth time in a row
faz.net/aktuell/wirtschaft/us-notenbank-laesst-leitzins-zum-fuenften-mal-in-folge-auf-hohem-niveau-19601164.html
This battleground election state is booming. Biden is not getting the credit: Georgia is a ‘tale of two economies’
ft.com/content/b6d70142-b0a0-434f-9bd3-94d887ba8621
Paid articlePaid
IRS expects to collect more in overdue and unpaid taxes: The IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than ...
apnews.com/article/irs-tax-gap-audits-inflation-reduction-act-e0dcb9bc52cfcdd8fc40caa2c04e8011
Quick Glance: IRS Expects Increased Revenue from Overdue Taxes
- Tax revenues are expected to rise by up to $561 billion by 2034, thanks to the Inflation Reduction Act.
- The Congressional Budget Office estimated that new IRS funding from the IRA would increase revenues by $180.4 billion from 2022 to 2031.
- The IRS now says estimated revenues could reach as much as $851 billion from 2024 to 2034 if IRA funding is restored, renewed, and diversified.
- The tax gap has grown to more than $600 billion annually, according to the IRS.
Conversations and insights about the moment.: Now his fellow Russians will have to wage his battle against Putin.
nytimes.com/live/2024/02/13/opinion/thepoint/navalny-death
Inflation’s Not Fading as Election Year Issue for Biden Anytime Soon: This is Washington Edition, the newsletter about money, power and politics in the nation’s ...
bloomberg.com/news/newsletters/2024-02-13/inflation-s-not-fading-as-election-year-issue-for-biden-anytime-soon
Grade inflation is hurting WA students, researchers say. Here's how parents can help
st.news/3UEDZd8
3.1 percent: Inflation in the United States weakens only moderately: Inflation in the United States is weakening less than analysts expected ...
faz.net/aktuell/wirtschaft/inflation-in-den-vereinigten-staaten-schwaecht-sich-nur-moderat-ab-19516633.html
U.S. economy is heading toward a 'soft landing.' What that means for WA: Washingtonians started 2024 with a continued slow down in pay raises which have now hit ...
seattletimes.com/business/economy-is-heading-toward-a-soft-landing-what-that-means-for-wa/
Washington state sues to block proposed Kroger and Albertsons merger: Washington state has sued to block the proposed merger of Kroger and Albertsons ...
apnews.com/article/kroger-albertsons-merger-washington-lawsuit-35681b212a416d19d24d1a3a8126f4ca
Quick Glance: Washington State Takes Legal Action Against Kroger and Albertsons Merger
- Washington's Attorney General filed a lawsuit to halt the proposed merger of Kroger and Albertsons.
- Kroger and Albertsons dominate over half of the state's grocery sales.
- The lawsuit received support from United Food & Commercial Workers, Local 3000.
- Kroger and Albertsons reached an agreement to merge in 2022.
ECB Needs More Certainty That Prices Set for 2%, Lane Says
bloomberg.com/news/articles/2024-02-08/ecb-needs-more-certainty-that-inflation-headed-for-2-lane-says
Paid articlePaid Risk of Big US CPI Revision Puts Policymakers, Investors on Edge: Mention the government’s annual revisions to seasonal adjustment factors for monthly inflation ...
bloomberg.com/news/articles/2024-02-08/risk-of-big-us-cpi-revision-puts-policymakers-investors-on-edge
US Federal Reserve: Fed leaves the key interest rate at a high level: It is not yet the time for a cut: The US Federal Reserve is keeping interest rates in the ...
faz.net/aktuell/wirtschaft/us-notenbank-fed-laesst-den-leitzins-auf-hohem-niveau-19488320.html
Quick Glance: Labor Cost Data Signals Inflation Improvement
- Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.
- The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.
- ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.
- The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
State schools superintendent touts student success, broaches need for sustained funding
columbian.com/news/2024/jan/10/state-schools-superintendent-touts-student-success-broaches-need-for-sustained-funding/
A Fed Governor Reiterates That Rate Cuts Are Coming: Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as ...
nytimes.com/2024/01/16/business/economy/fed-governor-christopher-waller-rate-cuts-coming.html
Bullish or bearish on bullion? How to think about gold investing in 2024: Gold requires impeccable market timing, says Ken Fisher. Otherwise, it’s portfolio ...
nypost.com/2023/12/24/business/bullish-or-bearish-on-bullion-how-to-think-about-gold-investing-in-2024/
Best deals on bulk items at Costco for a family of four: Mark Cuban said buying in bulk is one of the best investments you can make.
businessinsider.com/best-deals-bulk-items-costco-food-price-comparison-inflation-2023-12
Paid articlePaid
The World Bank said Tuesday that Latin America and the Caribbean experienced a significant economic slowdown last year, growing just 2.2 per cent ... Show more jamaica-gleaner.com/article/news/20240109/latin-america-and-caribbean-saw-significant-economic-downturn-last-year #GLNRToday
Stock Market Today: Dow, S&P Live Updates for January 8: A rally in big tech sent US stocks higher at the start of a week that will bring key inflation data and ...
bloomberg.com/news/articles/2024-01-07/asia-shares-to-open-flat-as-inflation-data-looms-markets-wrap
Paid articlePaid Five Things You Need to Know to Start Your Day: Americas: Good morning. Former bond king Bill Gross turns away from Treasuries, Boeing’s woes continue and the ...
bloomberg.com/news/newsletters/2024-01-09/five-things-you-need-to-know-to-start-your-day-americas
The Standard & Poors 500 Index finished 2023 up more than 24% thanks largely to the strong performance of a handful of technology mega-caps including Apple ... Show more
ClearBridge Dividend Strategy Q4 2023 Portfolio Manager Commentary: The ClearBridge Dividend Strategy underperformed its S&P 500 Index benchmark during Q2 2023 ...
seekingalpha.com/article/4661541-clearbridge-dividend-strategy-q4-2023-portfolio-manager-commentary
Morningstar: 4 Stock Market Changes Investors Should Watch in 2024: Morningstar identifies four potential changes to the stock market in 2024: falling interest ...
boerse-online.de/nachrichten/aktien/morningstar-4-veraenderungen-an-der-boerse-die-anleger-2024-unbedingt-auf-dem-schirm-haben-sollten-20346905.html
Seattle Should Be Proud That It Has the Country's Highest Minimum Wage: We live in very interesting (economic) times.
thestranger.com/economy/2024/01/04/79330420/seattle-should-be-proud-that-it-has-the-countrys-highest-minimum-wage
Costco Canada is selling 24-carat gold bars and they're really popular: Many buy gold as a hedge against inflation and Costco sold around US$100 million in gold ...
nationalpost.com/news/canada/costco-gold-bars
Consumer confidence ticked up in November after 3 straight months of decline: After three straight months of decline, consumers are growing increasingly ...
thehill.com/business/4331190-consumer-confidence-ticked-up-november/
Despite cooling inflation, many costs rising for Seattle residents: Of the 59 items surveyed by researchers in Seattle, 37 were more expensive than they were one ...
seattletimes.com/seattle-news/data/despite-cooling-inflation-many-costs-rising-for-seattle-residents/
In WA schools, an : The most recent data shows evidence of grade inflation even in the years after students returned to in-person schooling in Washington state.
seattletimes.com/education-lab/why-grades-are-up-and-test-scores-are-down-in-wa-schools/
Nordstrom revenue sags as inflation turns holiday shoppers picky: Nordstrom (JWN.N) missed Wall Street targets for third-quarter revenue on Tuesday as sticky ...
reuters.com/business/retail-consumer/nordstrom-misses-quarterly-revenue-estimates-inflation-crimps-shopping-2023-11-21/
Fed's Powell: biggest mistake would be to fail to control inflation: Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is "not going to ...
reuters.com/markets/us/feds-powell-biggest-mistake-would-be-fail-control-inflation-2023-11-09/
Quick Glance: Powell's Pushback Impacts Market Reaction
- Federal Reserve Chairman Jerome Powell holds a press conference in Washington
- Market reacts to Powell's resistance against early rate cuts
- Minimal change in market pricing after Powell's precautionary measure
- 30-year auction closes with higher yield than expected, signaling investor concerns
Seattle has 9th-highest cost of living in U.S., study finds: Groceries in Seattle are more expensive than in Manhattan, according to a new cost-of-living index.
axios.com/local/seattle/2023/11/16/cost-of-living-seattle-washington-expensive
Fed’s Waller Says He’s Encouraged by Recent Slowing of Economic Activity: Federal Reserve Governor Christopher Waller said he’s encouraged by a recent slowing of ...
bloomberg.com/news/articles/2023-11-28/fed-s-waller-says-he-s-more-confident-policy-is-well-positioned
UK shoppers expected to buy fewer Black Friday goods amid cost of living crisis: Spending predicted to be up just 0.4% on 2022 as inflation and Amazon warehouse ...
theguardian.com/business/2023/nov/23/uk-shoppers-expected-to-buy-fewer-black-friday-goods-amid-cost-of-living-crisis
Quick Glance: Black Friday Disappoints UK Shoppers
- Sales in cash terms are expected to be on a par with 2022, but prices are higher due to inflation, meaning fewer items will be sold.
- Online activity was flat and footfall at shopping destinations was down by more than 5%.
- Black Friday is no longer a single-day event, but now starts in November and runs for several weeks.
- Some retailers saw a slight uplift, but sales are only expected to increase by 0.4% over last year, according to analysis by GlobalData for Vouchercodes.co.uk.
Cyber Monday 2023: All information and the best deals on the big shopping highlight
gq-magazin.de/technik/artikel/cyber-monday
Amazon Execs Intentionally Made Site Shittier to Rake in More Profit, New Quotes from FTC Lawsuit Show
vice.com/en/article/k7zxja/amazon-execs-intentionally-made-site-shittier-to-rake-in-more-profit-new-quotes-from-ftc-lawsuit-show
Quick Glance: Amazon Execs Deliberately Altered Site for Increased Profits
- Newly revealed sections of the Federal Trade Commission's complaint against Amazon show that company executives knowingly made changes to boost profits while harming consumers and sellers.
- The complaint quotes internal Amazon documents and numerous unnamed Amazon officials as well as founder and former CEO Jeffrey Bezos.
- The complaint states that Amazon's online storefront once prioritized relevant, organic search results.
- Amazon has increased not only the number of advertisements it shows, but also the number of irrelevant junk ads, internally called 'defects'.
Amazon cutting 'several hundred' jobs in Alexa division: E-commerce giant Amazon is cutting jobs within its Alexa division, according to an email sent to staff ...
foxbusiness.com/technology/amazon-reducing-headcount-alexa-division
Quick Glance: Amazon's New Venture: Car Sales in the US
- Starting next year, buyers will be able to purchase cars from dealers on Amazon.
- Initially, the available cars will be limited to the Hyundai brand.
- Despite being a small fraction of the market, the pandemic revealed a surge in online car sales.
- Amazon's aggressive expansion includes over two decades in online car sales and venturing into other industries.
Fed United on Cautious Approach to Future Interest-Rate Hikes, Minutes Show: Federal Reserve policymakers at their most recent meeting united around a strategy ...
bloomberg.com/news/articles/2023-11-21/fed-minutes-show-unity-on-cautious-approach-to-further-hikes
'Superior to Any Bakeries': This Costco Dessert Item Is Flying Off Shelves — By the Millions
entrepreneur.com/business-news/costco-pumpkin-pie-is-flying-off-shelves-by-the-millions/465755
The Fed Wants More Evidence Before Changing Rate Stance: Officials highlighted the risks of stronger-than-anticipated inflation and weaker-than-expected growth ...
wsj.com/economy/central-banking/the-fed-wants-more-evidence-before-changing-rate-stance-834d1d3b
WA workers fall behind as raises shrink in state: In the race against inflation, Washington workers are losing out. Raises have hit a two-year low and the gap ...
seattletimes.com/business/wa-workers-fall-behind-as-raises-shrink-in-state/
Workers are striking and unionizing as labor movement gets bolder: The emboldened labor movement has seized on discontent exacerbated by the pandemic ...
bostonglobe.com/2023/11/11/business/labor-movement-strikes-picket-lines-massachusetts/
Morning Bid: Amazon and goldilocks ride to the rescue: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-10-27/
Wall Street ends mixed at close of earnings-packed week: U.S. stocks closed mostly lower on Friday, losing momentum as investors digested a hectic week of mixed ...
reuters.com/markets/us/futures-gain-amazon-intel-boost-key-inflation-data-awaited-2023-10-27/
CNBC Daily Open: Rate cuts might not be in the cards despite cooling inflation: After a very encouraging consumer price index reading on Tuesday ...
cnbc.com/2023/11/16/stock-markets-rate-cuts-might-not-be-in-the-cards.html
Legendary investor sees recession by year end: Bill Gross, the co-founder of Pacific Investment Management Co. (PIMCO), predicted that the United States will be ...
thehill.com/business/4271732-legendary-investor-sees-recession-by-year-end/
Korea and the United States discussed pending economic issues, including Washington's inflation act, in line with efforts to expand bilateral ties ... Show more www.koreatimes.co.kr/www/tech/2023/11/419_363323.html
The inflation rate in the USA fell more than expected in October. The markets are rising because they expect an end to the interest rate increases ... Show more www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-wall-street-nach-us-inflationszahlen-im-aufwind/100000893.html
Why Americans' financial pain could get worse: The problems will trickle down to cash-strapped consumers in ways both obvious and invisible.
axios.com/2023/10/09/us-high-interest-rates-debt-government-bonds
Washington’s minimum wage to increase to $16.28 next year. Is it enough to offset a statewide cost of living crisis?
columbian.com/news/2023/oct/23/washingtons-minimum-wage-to-increase-to-16-28-next-year-is-it-enough-to-offset-a-statewide-cost-of-living-crisis/
Why now is not a good time to buy a car: The big reasons are inflation and supply chain issues, and it is not looking like there is going to be a quick fix for ...
newschannel5.com/news/why-now-is-not-a-good-time-to-buy-a-car
Earnings help stocks resist despite sticky inflation: LONDON - Stocks traded mixed on Friday as blockbuster earnings from Amazon and Intel fuelled hope of a tech ...
bangkokpost.com/business/general/2673073/earnings-help-stocks-resist-despite-sticky-inflation
US lawsuit: Search results on Amazon.com are deliberately so bad: Amazon shows more and more miserable search results - because it brings money ...
heise.de/news/US-Klage-Grottenschlechte-Suchergebnisse-bei-Amazon-com-sind-Absicht-9352364.html
Sticker shock: Ohio drivers seeing historic rate jumps on auto insurance: Ohio drivers, already facing stiff increases in prices, now are having to deal with ...
dispatch.com/story/business/2023/11/05/ohio-drivers-seeing-historic-rate-jumps-on-auto-insurance/71298813007/
Federal Reserve: US central bank leaves key interest rate unchanged: Since March last year, the US Federal Reserve has raised the key interest rate eleven times ...
zeit.de/wirtschaft/2023-11/us-notenbank-leitzins-unveraendert
Paid articlePaid Stock market news today: Traders weigh inflation data, latest earnings: The Fed's favorite inflation measure came in as expected, with prices up 3 ...
markets.businessinsider.com/news/stocks/stock-market-news-today-inflation-pce-economy-sp500-earnings-2023-10
Wall St ends higher as investors digest economic data ahead of inflation report: Wall Street's main indexes ended higher on Thursday as investors assessed the ...
reuters.com/markets/us/futures-decline-soaring-oil-prices-deepen-inflation-woes-2023-09-28/
Quick Glance: Wall Street Ends Higher Ahead of Inflation Report
- Solid growth in the US economy during Q2
- Investors await latest information on inflation in personal consumption expenditures price index
Region faces slowest Internet growth since 2017: South-East Asia’s Internet economy will log its slowest growth on record this year, a group of researchers say ...
thestar.com.my/business/business-news/2023/11/02/region-faces-slowest-internet-growth-since-2017
Amazon shares jump as analysts praise third-quarter results: CEO Andy Jassy has been in cost-cutting mode to address high levels of inflation and rising interest ...
cnbc.com/2023/10/27/amazon-stock-up-on-q3-earnings-report.html
Quick Glance: Amazon and AWS Rebound with Billions in Profits
- Amazon achieves nearly $10 billion in profit for the third quarter
- Amazon reports $9.9 billion in profits for the months of July through September
- Earnings per diluted share increased from 28 cents in Q3 2022 to 94 cents in Q3 2023
- Advertising sales grew 26% year over year in Q3 to $12 billion
Israel-Hamas War Threatens Energy Prices, Adding to Inflation Risks: This is Washington Edition, the newsletter about money, power and politics in the nation’s ...
bloomberg.com/news/newsletters/2023-10-11/israel-hamas-war-threatens-energy-prices-adding-to-inflation-risks
Decline in Oregon bank deposits could signal economic turbulence ahead: Savings are still high, by historical standards, but high interest rates are a growing ...
oregonlive.com/business/2023/10/decline-in-oregon-bank-deposits-could-signal-economic-turbulence-ahead.html
Amazon sued by FTC and 17 states over allegations it inflates online prices and overcharges sellers
apnews.com/article/amazon-ftc-lawsuit-antitrust-1b91bf8026cc3edf81e817cf8596c4bf
Quick Glance: Products That Will Make You Feel Like a God
- Impressive reviews: "Out of the hundreds of products I've bought, I've written maybe five reviews."
- A review that's like ten gold stars.
- Amazing experience: "I saw one of these in action at a friend's house like five years ago and thought it was just a made up memory, because making ice cream out of solely frozen fruit seems wild."
- Fantastic product: "This stuff is fantastic."
Asian equities track Wall Street higher: RECAP: Asian shares tracked Wall Street futures higher on Friday as Amazon.com provided welcome earnings relief ...
bangkokpost.com/business/investment/2673253/asian-equities-track-wall-street-higher
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics