Page 40 - Christopher Rupkey News Today

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people received.

WASHINGTON (AP) - Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping ou...

Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.

The economy added 431,000 jobs in March and unemployment fell to pre-pandemic rates, signaling that the labor market is hot.

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies. It meant solid economies and stable markets.

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies. It meant solid economies and stable markets.

The U.S. labor market extended a streak of strong hiring in March, recording another month of job growth even as inflation, supply chain constraints and war in Ukraine raised concerns over the economic outlook. Here's what economists are saying about the latest figures.

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies. It meant solid economies and stable markets. And for households and businesses, especially in the United States and Europe, it mean...

The free flow of trade has long kept inflation low.

For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies