Albert Cavallo News Today

Editor's note: An earlier version of this article said Amazon raised prices in October by a higher percentage than Walmart and Target. The Washington Post based that information on an analysis from the data analytics company Profitero, which tracks prices across retailer websites, and on an interview with the company's president. Two days after publication and after Amazon raised objections, Profitero reached out to The Post to say it should not have made the comparison because the dif...

The holiday shopping season is in full swing, although many customers are finding higher prices on products in ...

As the holiday shopping season kicks off this weekend, consumers will find prices higher than they've been in months.

The phenomenon, which economists have dubbed the "Amazon Effect," happens because rivals tend to follow Amazon's lead to match each other on online pricing.

The phenomenon, which economists have dubbed the "Amazon Effect," happens because rivals tend to follow Amazon's lead to match each other on online pricing.

SALT LAKE CITY — Consumers in Utah and across the country didnt need to see the latest federal data to know theyve been spending more on day-to-day items, as well as those infrequent big-ticket purchases, in the past few months. But the level of hardship created by sharply rising prices on goods and services varies widely depending on how old you are, how much money you make and what your family looks like. The size of the increase in the April U.S. Consumer Price Index, some 4.2% over the sa...

Costs of U.S. consumer goods and services have taken the biggest jump in over a decade. A public finance researcher in Salt Lake City is among those who say federal COVID-19 relief funds are a wild card in how bad inflation may be.