People shop near prices displayed in a supermarket on February 13, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images OECD...
Category: Economy
UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON —...
U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Wall Street...
Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday. The consumer price...