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The US has denied Sunak an election ‘Hail Mary’
The Telegraph via Yahoo Finance· 2 weeks agoPossibly so, but the bigger picture is that we appear joined at the hip to relatively high US rates even though we have much lower growth. In a version...
U.S. Growth Slowed in First Quarter, but Inflation Remained a Bug
New York Times· 1 day agoThe U.S. economy remained resilient early this year, with a strong job market fueling robust consumer spending. That was down sharply from the 3.4 percent growth rate at the end of 2023 and fell well short of forecasters’ expectations.
Pay was starting to outpace US inflation. Can it keep up? - CSMonitor.com
The Christian Science Monitor· 2 weeks agoReal – or inflation-adjusted – pay took a tumble for a time during the pandemic, as prices rose far faster than Americans’ wages and salaries. By this past January, it looked ...
What the Upper-Middle-Class Left Doesn’t Get About Inflation
The Atlantic· 2 weeks agoDemocratic Party analysts and left-leaning economists have had quite enough of their fellow ...