July Jump in Prices Eases Disinflation Fears
Core inflation rose 0.6% last month, the largest gain since January 1991, as the disinflationary impact of the coronavirus continued to wear off.
Core Inflation Posts Record 0.4% Drop in April
The coronavirus crisis drove consumer prices into "a disinflationary shock" last month despite government efforts to stimulate the economy.
U.S. Consumer Prices Tumble 0.4% in March
“Deflation is likely to take hold over the next few months as businesses slash prices in response to much lower demand from the coronavirus outbreak."
The Reason the Fed May Need to Cut Interest Rates This Year
The "real" economy won't benefit much from a rate reduction, but the Federal Open Market Committee may have other things on its mind.
Costco Hikes Fees by $5 as Q2 Earnings Miss
CFO Richard Galanti says the competitive challenges Costco is facing from Sam's Club and Target are “formidable.”
Grocery CFO Battles Food-Price Deflation
Warehouse club-style retailer Smart & Final makes up for deflationary pricing's effect on EBITDA by boosting volume with new store openings.
Import Prices Drop 0.3% After Two Straight Gains
The decline in the cost of imported goods in November was the biggest since February and followed a 0.4% gain the previous month.
Costco Returns to Same-Store Sales Growth
The retailer's comp sales rose 1% in the first quarter while profit was boosted by higher margins on fresh food items.
Kroger Earnings Hit by Food Price Deflation
The supermarket chain's CEO says it is in the middle of a deflationary cycle "right now and it's not fun."
China’s Growth Rate Slows to 6.9% in Q3
The latest GDP reading is the worst in nearly seven years and increases pressure on Beijing to stimulate the economy.
Producer Prices Rise, Easing Deflationary Concerns
Labor Department numbers for May should bolster the argument for an interest rate increase later this year.