In February, the annual U.S. headline inflation rate was 2.4 percent, the same as in January, the U.S. labor department reported. Core inflation, which ignores food and energy costs, was paced at 2.5 percent, aligned with economists’ expectations.
Tag: inflation
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CONSUMER PRICE INFLATION JUMPS IN CHINA
Prices for consumer goods in China increased 1.3 percent in February, year on year, from January’s 0.2 rise.
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U.S. GDP GREW BY JUST 1.4 PERCENT IN LAST YEAR’S FOURTH QUARTER
The U.S. economy expanded by 1.4 percent in 2025’s final quarter, barely half of the 2.5 percent forecast by Dow Jones.
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U.S. ELECTRICITY PRICES RISING TWICE AS FAST AS INFLATION
In 2025, U.S. electricity prices rose 6.9 percent, compared to inflation’s pace of 2.9 percent, Goldman Sachs analysts have calculated. The price of power will continue escalating as artificial intelligence (AI) data centers make up 40 percent of growth in U.S. electricity demand through the rest of this decade, they said. Electricity production is growing......
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THE AMERICAN ECONOMY CONTINUES TO SHARPEN ITS DIVIDE
The so-called “K-shaped” U.S. economy continues to widen the gap between elite, affluent spenders and the more than half of American households that struggle to pay their bills, various news outlets are reporting.
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MARKET OVERVIEW – ECONOMIC UPDATE
U.S. equity markets posted their worst week since last November, despite an encouraging inflation report and an economy that grew more jobs than many had expected.
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WALMART JOINS THE TRILLION-DOLLAR CLUB
Walmart’s stock market value reached $1 trillion on 3 February, making it the 10thcompany and second retailer to enter a realm that has been the domain of tech firms.
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FED NOMINEE SEES AI AS PRODUCTIVITY BOON FOR U.S. ECONOMY
Kevin Warsh, Donald Trump’s choice as the next chair of the U.S. Federal Reserve, shares Trump’s conviction that the central bank’s interest rates must be much lower – and he thinks artificial intelligence (AI) is the way to make that work.
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U.S. CONSUMERS’ OUTLOOK SHINES A BIT BRIGHTER
Despite lingering concerns regarding inflation, tariffs, and the job market, U.S. consumer sentiment in the aggregate rose in February to its highest since last August.
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TRUMP MAKING BRAIN-DEAD BIDEN LOOK GOOD?
A newly released poll found that a majority of Americans – by a small margin – say they believe former President Joe Biden ran the country better than his successor, Donald Trump.