Displaying all articles tagged:

Inflation

  1. Trump Bashes Fed for Interest Rate Policy He Once SupportedHe really does not seem to understand that presidents are supposed to shut up about the independent Fed’s policies.
  2. Most Americans’ Wages Have Actually Declined Over the Past YearRising inflation has consumed the working class’s modest wage gains, leaving most Americans’ real incomes 0.1 percent lower than they were a year ago.
  3. Is Trump’s Battle With Amazon Like Kennedy’s War With U.S. Steel?JFK thought U.S. Steel’s CEO reneged on a deal needed to keep the economy stable. Trump’s attacks on Amazon may really be about the Washington Post.
  4. Trade War Fears Freak Out Markets, Which Should Freak Out TrumpThe stock market has been Trump’s best friend. That isn’t necessarily going to be the case going forward.
  5. Latest Jobs Report Is a ‘Dream’ for Wall StreetStrong employment growth and low wage growth is just what the doctor ordered for stocks. But a possible trade war still looms.
  6. The 3 Claims Republicans Are Making About Their Tax Bill’s EffectsSome of the good things tax cuts produce are ephemeral; others could backfire.
  7. No Longer a ‘Blip’: Stocks Skid Yet AgainIt’s now officially a “correction,” but the volatility may continue.
  8. the national interest
    Inflationista John Cochrane Wrong But Not SorryWe can see the new goalposts somewhere off in the distance.
  9. Shrugs and Kisses
    Hershey’s 8 Percent Price Hike Ushers in Sad New Era of Candy BarsCompany cites killer costs of cocoa, nuts, and dairy.
  10. inflation
    Movie Tickets Are Now More Expensive Than Ever In case you hadn’t noticed.
  11. Mediavore
    Robbery Is a Chilling Experience for Friendly’s Employees; Rachael RayPlus: Food costs and inflation affect Sysco sales; and an L.A. psychic reads people’s energy and puts her insights inside fortune cookies, all in our morning news roundup.
  12. the coming econopocalypse
    Bring On the Dancing Gold BugsThank you, inflation.
  13. economic indicators
    Meredith Whitney Has Something Good to Say About the EconomyFor a few seconds at least.
  14. international intrigue
    China’s President Comes to Washington, Negs the DollarHu Jintao: A dollar-based currency system is a “product of the past.”
  15. McFadden’s Faces Allegations of Promoting a Racist Culture; StrandedPlus Giada de Laurentiis and John Mayer both deny rumors of an affair, and rising food costs are driving inflation in China and Hungary, all in our morning news roundup.
  16. managed expectations
    Inflation, Here We Come?Ben Bernanke promises to spend $600 billion so America doesn’t turn Japanese.
  17. homes for everyone!
    John Paulson Would Like You to Buy As Many Homes As You CanBuy your sister-in-law’s nephew a home!
  18. Inflation
    Nello Drops Drink PricesTo a totally reasonable $21!
  19. NewsFeed
    Chefs Offer Depressing Strategies for Cutting Food CostsOffal, the deep freeze, or take it and like it.
  20. NewsFeed
    How New York Kitchens Cut CostsFrom Queens to the Upper West Side, restaurants cut costs and hope that you’ll still eat out.
  21. Mediavore
    The $175 Kobe Burger; Black Truffles in TroubleJunk-food-eating monkeys, why raw vegetables are not always best for you, inflation in food prices, and more, in our morning roundup of news and gossip.
  22. NewsFeed
    Hard Times Befall New York’s Pizza MakersPizza may be cheap, but that’s part of the problem for New York’s pizza makers.
  23. NewsFeed
    Globalist Chefs Want to Whip Inflation Now! But They Can’t.As the dollar weakens, so does our ability to cherry-pick the best exports in the world.
  24. white men with money
    Among Other Things, Eliot Spitzer Has Contributed to Hooker Inflation When we were little, our grandpa used to tell us stories about the olden days. “Used to be, you could get a hooker for a dollar!” he’d say. “Those were the days.” Sigh. If Grandpa had seen the complaint filed in the bust of Emperor’s Club — well, he’d have about keeled over. The preferred escort service of former governor Eliot Spitzer, according to the complaint, charged between $1,000 and $5,000 an hour. And, as one potential prostie was heard to complain, that didn’t even include dinner. Inflation affects even the oldest profession, and according The Wall Street Journal, the “wealth boom — and the explosion in the number of multi-millionaires — has created entirely new pricing levels for escorts.” Of 661 people who own private jets, a survey from Prince & Associates, a Connecticut-based wealth-research firm, found, 34 percent of males and 20 percent of the females had paid for sex. And that’s just of people who owned private jets. If you apply those percentages to, say, people who own BMWs, that’s enough to skew the numbers for everyone. But at least one thing remains the same since Grandpa’s* day: The most popular reason the people surveyed gave for using escorts was “unique experiences.” How the New Rich Are Changing the Oldest Profession [WSJ] Earlier: You Can Say This About the Girls of the Emperor’s Club: They’re No Morons *We made this bit up. Our real Grampy, God rest his soul, was a wonderful man and a devout Catholic who never ran with loose women. With the exception of his second wife. But they were married.
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