Inflation accelerated more than expected in December, marking the thirty-third consecutive month with annual prices rising significantly faster than the two percent target seen as healthy by the Federal Reserve. The consumer-price index, the Labor Departmentâs broad measurement of what consumers pay for goods and services, rose 3.4 in December from a year earlier. Economists
Consumer Advocacy Group Targets Bank of America for Pushing ESG
Stock photo via Getty Advocacy group Consumersâ Research launched its âBank of UnAmericanâ campaign targeting the nationâs second-largest banking institution, Bank of America, over its use of environmental, social, and governance (ESG) strategies. As Breitbart News previously reported, ESG policies are a form of leftist activism in financial investing that has become the latest vector to influence the
Biden gets a rare hand from Big Business in quest to ease consumer pain
Just weeks after President Joe Biden used his State of the Union to call for crackdowns on insulin prices and âjunk fees,â a handful of companies are starting to comply on their own. | J. Scott Applewhite/AP Photo President Joe Bidenâs campaign against high consumer costs is getting a boost from an unexpected source: corporate
Consumer Confidence Soars to 18 Year High, Near All Time Record.
Consumer confidence rose in September to its highest level in 18 years. The Conference Boardâs Consumer Confidence Index surged to 138.4 this month from 134.7 in August. Economists had expected confidence to dip in September. The latest reading was so high it was out of the range of predictions by economists polled by Bloombergâs Econoday. […]
More Winning: US Worker Pay Hits Highest Level in a Decade, Consumer Confidence Nears 18-Year Peak.
Meanwhile, the economy keeps on ticking. Â On the heels of consecutive, excellent jobs reports and a very strong quarter of GDP growth, CNBC flags another hopeful sign of economic health. Â One of the metrics on which the US economy has lagged for years is wages. Â Democrats have been zeroing in on that issue in recent […]
In the Wake of Trump’s Election, Consumer Confidence Soars
(Shutterstock) The effects of a profound change in national direction are already being felt in the American economy: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New […]