Consumer News Coronavirus Update Pandemic Sends Inflation Soaring

Consumer confidence dipped in October as inflation concerns persist

Consumer confidence slid for the third month in a row, new data shows, a sign that Americans' view of the economy is dimming in the face of a weakening labor market and stubborn inflation. The ... Read More

Consumer prices in September rise to a pace not seen since January

New data released Friday showed inflation heated up in September to a pace not seen since January, according to the first dataset to be released during the government shutdown. The September consumer ... Read More

RBNZ Says Pandemic Inflation Taught It Lessons for Future Shocks

New Zealand’s central bank has learned lessons from the post-pandemic bout of fast inflation and is now better placed to respond to future shocks, chief economist Paul Conway said. The Reserve Bank’s ... Read More

Trump says inflation is dead. Most data says: Not quite.

President Donald Trump says he beat inflation. But several conventional measures of rising prices paint a different picture. Most experts agree inflation has picked up in recent months, in part ... Read More

Wall Street heads for records following an encouraging update on inflation

NEW YORK — U.S. stocks are heading for records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.9% and was on track to top its all-time high, which was ... Read More