Price
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Business
A Key Measure of Wages Showed Moderation at the End of 2022
The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more…
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Business
N.Y.S.E. Glitch Leads to Wild Swings in Share Prices
Prices eventually returned to normal levels, but the turmoil left some traders uncertain of whether their orders were placed.
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News
Wonking Out: Give Me That Gold Time Religion
Jamie Dimon, the chief executive of JPMorgan Chase, recently had a few things to say about cryptocurrency. Bitcoin, he declared,…
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Business
As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope
Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
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Business
Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The consumer goods giant, which makes Tide detergent and Charmin toilet paper, raised prices 10 percent last quarter, but a…
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News
California Joins Other States in Suing Companies Over Insulin Prices
The state is taking action against three major drug companies and the big pharmacy benefit managers in an effort to…
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Business
Inflation Is Slowing, Good News for American Consumers and the Fed
Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Business
The Week in Business: Slowing Job Growth
Credit...Giulio BonaseraWhat’s Up? (Jan. 1-7) A Cooling Jobs Market After many consecutive months of jobs reports showing strong gains, new…
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World
High Food Prices Rile Up Canadians
Grocery stores have become a lightning rod for consumer discontent amid inflation and lingering mistrust after a bread price-fixing scandal.
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Real Estate
Where Are the Most Profitable Winter Vacation Rentals?
Areas known for skiing and other winter activities can offer hearty investment returns, but they’re often offset by higher purchase…