Data compiled by the government via the Bureau of Labor Statistics (BLS) maintains a separate tally of inflation for people over 62. The rarely heard index, known as the CPI-E, is a variation of the traditionally recognized CPI (Consumer Price …

A tremendous surge of inflation has encompassed European countries as a result of the Russian invasion of Ukraine. Essential energy and food products that have for years been imported from Russia and Ukraine have elevated overall prices throughout Europe. Natural …

Attention has shifted from inflation to recession as housing, wages, interest rates, commodities, and consumer expenditures have all receded from their highs, an indication to economists that an economic slowdown or recession may be evolving. Numerous countries worldwide are restricting …

Short-term and long-term Treasury bond yields fell moderately in late May, known as a shift down in the yield curve. Such a dynamic may be representative of interest rates beginning to level off after a rapid rise over the past …

The Wilshire 5000 Total Market Index, which includes every publicly traded U.S. company, has lost roughly $10 trillion in value since the beginning of the year, down from $53 trillion. Equities currently account for about 33% of household wealth. Some …

As heightened commodity prices have stoked inflation over the past year, commodity prices worldwide are now starting to ease as demand for various commodities is alleviating. The Global Price Index of All Commodities tracks the price of widely traded commodities, …

As pandemic assistance funds vanish, consumers are turning to savings and credit to pay for essentials. With many consumers having exhausted their cash reserves, credit becomes an option. Consumers have been tapping into savings accumulated from pandemic stimulus funds in …

Energy and fuel were among the top contributors to inflation this past year, with used cars, electricity, and food all enhancing the tensions surrounding inflation. Transportation costs have become a growing contributor to inflation, as the vast majority of food, …

Various factors are contributing to sustained high gas prices, which are expected to add to price pressures heading into the summer months. Traditionally, gasoline prices move higher as vacation travelers hit the road during the summer months. Transportation companies, railroads, …

As the pandemic created supply constraints over the past two years, companies learned to stock up on materials and finished products in hopes of alleviating any future supply chain snags. Now that constraints have lessened and various supply chains have …

There’s a growing consensus among various economists and market analysts that inflation could force consumers to cut back on spending to the extent that a recession materializes. Consumer expenditures have an enormous impact on economic activity, representing 70% of the …

Rising inflation along with no new pandemic relief funds are prompting many aged 55 and older to return to work. Labor Department data shows that the participation rate for those above 55 years old has been rising over the past …

Major equity indices ended the first four months of the year in negative territory. The S&P 500 Index fell 13.3%, the Dow Jones Industrial Average lost 9.25%, and the Nasdaq was down over 21% for the first four months of …

The most recent wage data released by the Labor Department showed a 5.7% increase in wages for the past year, yet still below the current inflation annualizing 7.5%. With inflation outpacing wage growth, workers and consumers alike are experiencing shrinking …

As Inflationary pressures tend to drive the price of essential goods higher and faster than non-essential goods, consumers are sometimes left with minimal funds to purchase what they desire. The rapidly rising costs of gasoline, natural gas, and groceries have …

The U.S. dollar has risen over 7% since the beginning of the year driven by increasing interest rates and a flight to safety for international investors. A stronger dollar can also be a hindrance for certain U.S. companies that have …

Global bond yields rose in April, with both government and corporate bond yields rising across various international regions. Numerous analysts believe that the Fed may be raising rates too fast in response to inflation data that may have caught the …

As U.S. oil producers, workers and drillers benefit from rising oil prices, Russia’s economy is starting to suffer from imposed sanctions. Newly enacted sanctions by both the U.S. and European countries are partially targeting Russia’s oil conglomerates. With Europe as …

Domestic economic growth, as measured by GDP, turned negative for the first time since the second quarter of 2020, when the pandemic was in full swing. Initial reports indicated that a drop in exports was to blame, but many economists …

A prudent and effective tax strategy during your employment years will most likely need to be modified in retirement. Once earned income ceases and income from retirement plans, investments, and Social Security commences, tax liabilities change. The impact of the …