NEW YORK — Coming to a store near you: Even higher prices. Most inflation this year has come from food and fuel, as retailers resisted passing ...
Hale "Bonddad" Stewart | Posted 08.02.2008 | Business
Yesterday the Federal Reserve released the latest Beige Book. What did it show? Consumers are slowing their shopping, housing is still deteriorating, and prices are increasing.
Max Keiser | Posted 08.02.2008 | Business
The Romans had a gold-backed currency that they physically needed to shrink to engineer empire-killing inflation. In America, the government, not having a gold-backed currency, just prints more worthless paper.
Max Keiser | Posted 07.29.2008 | Business
By not deflating the supply of fiat, debt-based exchange units for so many years, the over supply of them, each a claim on America's future, has grown by quantum levels of risk.
John Tepper Marlin | Posted 07.25.2008 | Business
The economic misery index, which is simply the sum of unemployment and inflation rates, rose in June to 10.5, its highest level in 15 years.
Dave Burdick | Posted 07.25.2008 | Business
"Hey, Canada! You thought that pipeline was worth seven billion dollars? Ha! Yeah, where we're from, that's a $6.98 billion pipeline!" And then I'd smugly shine an apple on my lapel.
Kevin Phillips | Posted 07.25.2008 | Business
The possibility that inflation could reach double digits should start to resolve today's central debate: whether this decade's economy is more like the 1930s or that of the stagflationary 1970s. Alas, there are elements of both.
Posted 07.25.2008 | Business
Reports on inflation showed big price increases at the consumer level and the wholesale level for June, driven by higher energy and food costs. Here ...
AFP | Godfrey Marawanyika | Posted 07.24.2008 | Business
Zimbabwe's inflation rate, already the world's highest, hit an astronomical 2.2 million percent Wednesday after Robert Mugabe's re-election in a one-...
AP | MARTIN CRUTSINGER | Posted 07.24.2008 | Business
WASHINGTON — The price of a quart of milk, a plane ticket and a host of other products rose in June at nearly the fastest pace in a generation, ...
AP | MARTIN CRUTSINGER | Posted 07.24.2008 | Business
WASHINGTON — The price of a quart of milk, a plane ticket and a host of other products rose in June at nearly the fastest pace in a generation, ...
Max Keiser | Posted 07.14.2008 | Business
I was on Al Jazeera live from Doha, Qatar Sunday talking about the G8 meeting, the U.S. dollar and weapons of mass financial destruction.
Max Fraad Wolff | Posted 07.10.2008 | Business
The long term massive substitution of technology-driven innovation, fueled with cheap wages and energy, may be at increasing risk. Rising energy costs are hard to substitute around.
AP | Posted 07.09.2008 | Business
SEATTLE — Starbucks Corp. has announced it's closing 600 underperforming stores in the United States. The Seattle-based premium coffee company ...
AP | RACHEL BECK | Posted 07.09.2008 | Business
NEW YORK — There is nowhere to hide from inflation. Prices in one in four countries, many of them in emerging markets, are accelerating at a do...
Vince Farrell | Posted 07.05.2008 | Business
Inflation is the cruelest form of taxation. It eats away at buying power and once uncorked, it's very hard to contain.
Michael Pento | Posted 07.03.2008 | Business
Investors must keep in mind that Ben Bernanke is no longer an objective third party trying to steer the economy.
Max Keiser | Posted 07.03.2008 | Business
I had a chance to talk about the U.S. economy, the dollar and oil as it relates to Iraq and Iran this week with Afshin Rattansi on Iran's press TV (oh...
Max Fraad Wolff | Posted 07.02.2008 | Business
Housing prices went nuts from 1996-2007, and there virtually no complaints. So why is speculation influenced inflation in food and energy prices the work of Satan?
CNN | Chris Lawrence | Posted 06.27.2008 | Business
Imagine going to your local grocery store and paying over $8 for a jar of Jif peanut butter. How about $5.50 for a loaf of white bread, $6.50 for a ga...
Janet Ritz | Posted 06.27.2008 | Green
While Obama was in Illinois shoveling sand in bags to hold back the Bush-neglected infrastructure that was crumbling around him McCain was on his way to accept whoops and cheers from oil industry insiders.
Max Fraad Wolff | Posted 06.21.2008 | Business
The bells are tolling for millions caught off guard by stagnant wages and job growth, falling savings, rising debt, shrinking wealth and spiking prices. But turnaround is possible and has been done before.
AP | MARTIN CRUTSINGER | Posted 06.21.2008 | Business
WASHINGTON — Soaring energy costs pushed inflation up in May at the fastest pace in six months. Food costs kept rising, too, and all signs are p...
Washington Post | Neil Irwin | Posted 06.11.2008 | Business
Prices have been soaring long enough and fast enough, economists say, that the nation is at risk of a self-reinforcing cycle of inflation like that ex...
Jeff Madrick | Posted 06.11.2008 | Business
Is Bernanke succumbing to the growing pressure from Wall Street and hard line mainstreamers that inflation is now America's concern, not recession?
AP | ELLEN SIMON | Posted 08.04.2008 | Business