Passing the Buck: Why Everything’s Now a Dollar and a Quarter at the Dollar Store
The dollar store, a staple in strip malls across many parts of rural America, is on its way to becoming the dollar and a quarter store. The appeal of the…
Oh my…prices of milk, bread, gas and rent are rising!
According to the Bureau of Labor Statistics, the all items Consumer Price Index rose6.2% for the 12 months ending October 2021 – the largest 12-month increase since the periodending November…
Waking Up to Rising Coffee Prices
You, like many people, might look forward to that first sip of coffee to provide the jolt you need to get your day started. Now, you might just have to…
The Rising Cost of Pepsi
If you think the price of your favorite Pepsi product seems higher than the last time you bought it, you’re probably right. Pepsi recently announced that it would be raising…
We’re Open, But…
If you’ve found yourself waiting for service at a bar or restaurant recently, you’re not alone. Across the country, widespread labor shortages are creating new headaches for the hospitality industry,…
It’s Official: Inflation is Here. Should You Be Worried?
The news from the Federal Reserve confirmed what many had been suggesting in recent weeks: the U.S. economy is rapidly heating up. Concerns about the potential for inflation have been…
Is Labor Market Signaling the Weakening of Macroeconomic Models?
U.S. labor department's latest statistics, published on January 10th, suggested that the unemployment rate remained at a 50-year low of 3.5 percent. However, the same report indicates thatU.S. wage growth dropped below…
What Rules Inflation Targeting? A Time for Abandoning Taylor Rule
“No matter how much suffering you went through, you never wanted to let go of those memories.” ? Haruki Murakami Following the Global Financial Crisis (GFC), most central banks around…