Report Claims Inflation Woes Driven Largely By Corporate Greed
The paper boosts the controversial progressive argument that corporations are squeezing American households just because they can.
Source: yahoo.com
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As Consumer Sentiment Surges, Are the Bad Vibes Healing?
It looks like ordinary Americans are finally starting to feel a little better about what economists say is a strong economy. Consumer sentiment surged in January, according to a widely-cited University of Michigan survey, which registered 78.8 in the first month of 2024 – up 21.4% from a year ago and the highest reading since July 2021. The survey previously showed a big jump in December, as well, and the two-month increase was the largest in over 30 years. Survey respondents reported a positive
Source: yahoo.com
Consumer prices pushed up mostly by corporate profits, new Groundwork Collaborative study finds
‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highs.
Source: fortune.com
Half of recent US inflation due to high corporate profits, report finds
Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop
Source: theguardian.com
Slog AM: Light Rail Woes Persist, Japan Shoots for the Moon, Boeing Cargo Plane Spews Flames
The Stranger's morning news roundup.
Source: thestranger.com