Inflation

Euro Soars to Record High $1.5057

AP | MATT MOORE | Posted 02.27.2008 | Business


BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...

Oil Spikes Above $102, Then Slips Back

AP | ADAM SCHRECK | Posted 02.27.2008 | Business


NEW YORK — Crude prices spiked above $102 a barrel for the first time Wednesday, then retreated after the government reported the nation is grea...

Worries Grow for Worse 'Stagflation'

AP | JEANNINE AVERSA | Posted 02.26.2008 | Business


WASHINGTON — It's a toxic economic mix the nation hasn't seen in three decades: Prices are speeding upward at the fastest pace in a quarter cent...

Confidence Plunges, Inflation Rate Soars

AP | Posted 02.26.2008 | Business


NEW YORK — No good news today on the economic front. Consumer confidence plunged, the wholesale inflation rate soared, the number of homes being...

Don't Expect Economic Problems to End Anytime Soon

Hale "Bonddad" Stewart | Posted 02.26.2008 | Business


Hale

Economic problems run wide and deep. There is no simple way to deal with the escalating federal debt issue. It's going to take cutting spending and raising taxes.

It's Time to Get Over the Obsession with Stagflation

Jeff Madrick | Posted 02.25.2008 | Business


Jeff Madrick

Times change. But the nation's policymakers and many of its leading policy economists are still living by the lessons of the 1970s. That's a mistake.

China Exporting Inflation: Political Spin or Economic Reality?

Eben Esterhuizen | Posted 02.22.2008 | Business


Eben Esterhuizen

China has been a convenient scapegoat for politicians lately, and now China, with its crawling peg to the weak dollar, is being blamed for exporting inflation. Is this political spin, or is there a real danger of importing higher inflation from China?

What's Bill Gross Up To?

L.A. Observed | Marc Lacter | Posted 02.21.2008 | Business


When the subject of interest rates and inflation creeps up - as it has with today's higher-than-expected consumer price index numbers - Bill Gross can...

Is It Deja Vu All Over Again?

Ron Insana | Posted 02.21.2008 | Business


Ron Insana

Because there are many similarities to the 1970s when it comes to the economy, I am going to dub the current economic situation "inCESSION," not "stagflation."

Oil Falls As Crude Supplies Rise

AP | JOHN WILEN | Posted 02.21.2008 | Business


NEW YORK — Oil prices fell Thursday after a government report showed that the nation's crude oil supplies rose more than expected last week. At ...

Stagflation Fears Return

Wall Street Journal | Greg Ip | Posted 02.21.2008 | Business


The U.S. faces an unwelcome combination of looming recession and persistent inflation that is reviving angst about stagflation, a condition not seen s...

Fed Lowers Economic Forecast

AP | JEANNINE AVERSA | Posted 02.20.2008 | Business


WASHINGTON — The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a hou...

Housing Slump Fails To Stop Inflation

Bloomberg | Courtney Schlisserman, Bob Willis | Posted 02.20.2008 | Business


The two-year housing slump pushing the U.S. economy toward a recession hasn't alleviated inflation pressures, reports today showed. Consumer prices r...

Looking For Mr. Goodnews

Fortune's Stanley Bing | Posted 02.19.2008 | Business


<i>Fortune</i>'s Stanley Bing

Inflation in China is very high. It's hard to figure how that will benefit us, but on a list of things that come under the rubric "grim satisfaction,"...

Is Fed Easing Actually Good For The Market?

Afraid To Trade | Corey Rosenbloom | Posted 02.18.2008 | Business


Is it really as simple as "When the Federal Reserve cuts rates, it's great for the market" or "When the Fed raises rates, it's bad for the stock marke...

Recession To Be Painful And Drawn Out: Report

Reuters | Posted 02.08.2008 | Business


The U.S. economy has entered a recession that will be more painful and drawn out than the usual downturn, the director of the Reuters/University of Mi...

Inflation Is Going to Get Ugly

Hale "Bonddad" Stewart | Posted 02.08.2008 | Business


Hale

Thanks to 17 years of Alan "cheap money" Greenspan, we're all use to the Fed cutting rates whenever we feel economic pain. Thanks for nothing.

China's Inflation Hits American Price Tags

New York Times | David Barboza | Posted 02.01.2008 | Business


China's latest export is inflation. After falling for years, prices of Chinese goods sold in the United States have risen for the last eight months. ...

Getting America's House in Order

Ann Lee | Posted 01.23.2008 | Business


Ann Lee

If all we do is just print money to solve our problems, then the world will see no reason to hold U.S. Treasuries and our securitized credit cards and mortgages which all have already caused them losses in the billions.

Why the Fed's Rate Cut Was a Mistake

Hale "Bonddad" Stewart | Posted 01.23.2008 | Business


Hale

The problem is the system made too many loans that are now going bad. And the only way to wean us off of that problem (easy money) is to feel the pain so we don't do it again.

Bernanke's Message to Americans: Run, Run for Your Lives!

Linda Keenan | Posted 01.18.2008 | Business


Linda Keenan

What Bernanke Said: "The virtual shutdown of the subprime mortgage market has reduced the demand for housing." What I Heard: "I'm crapping my pants, you should be, too."

Inflation Is At Highest Rate In 17 Years

AP | Martin Crutsinger | Posted 01.16.2008 | Business


Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside o...

Stock Prices Drop For Second Straight Day

AP | Posted 01.16.2008 | Business


The Dow Jones industrial average has dropped 52.10 to 12,546.08 in the opening minutes of trading today, after falling 277.04 yesterday. The losses fo...

Study: Paying Inflated Prices Trigger Pleasure Points

i09 | Posted 01.15.2008 | Business


Inflated prices trigger the pleasure centers in your brain more than fair ones. Not only is the idea of buying something expensive more exciting than ...

Wall Street Eyes Earnings Data This Week

AP | Madlen Read | Posted 01.13.2008 | Business


This week's flood of readings on inflation, retail sales and earnings is just what a data-hungry Wall Street has been anxious for. But it could be a ...