Hong Kong CNN — Japan’s workers still aren’t getting paid enough to keep up with rising prices. That’s hurting living standards and creating a major headache for the country’s new central bank chief as he marks his first week on the job. Adjusted for inflation, wages slipped 2.6% in February, compared to the same month […]
New York CNN — Stamp prices are set to tick up. The US Postal Service said Monday that it filed a notice with its regulators to increase prices on first-class mail stamps to 66 cents from 63 cents. If approved, the change would take effect in July, raising the cost of mailing a first-class letter […]
New York CNN — A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet. Market forces that have been building for a long time, including devastating droughts, will likely keep hamburger and steak prices steady — and relatively expensive. In part, that’s because […]
CNN — It has almost never been as hard to buy a new or used car in the United States as it is today, despite improving supply issues and inflation beginning to steady. Vehicle transaction prices — the price you actually end up paying after any dealer discounts or markups — have been climbing higher […]
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month before, a welcome sign in the central bank’s long battle to bring down historic price increases. The Personal Consumption Expenditures price index rose 5% for the 12 months ended in February, lower than January’s downwardly […]
Hong Kong CNN — Travelers across Asia Pacific will likely continue to fork out more than usual for flights this year, even as planes return to the skies at a rate not seen since the start of the pandemic. Airfares within the region were 33% higher in February than the same month in 2019, compared […]
London CNN — UK consumer prices jumped by 10.4% in February compared with a year ago, as food inflation hit its highest level in more than 45 years, and as the cost of visiting restaurants and hotels increased, official data showed Wednesday. Food prices soared 18.2% through the year to February, the sharpest rise since […]
New York CNN — On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish Whiskey. However, when it comes to the luck of the Irish, US whiskey-makers might have the upper hand. American-made whiskey is one of the fastest-growing spirits in the United States, with sales soaring nearly 11% […]
New York CNN — A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what America’s producers get paid for their goods and services. Producer price increases slowed to an annual pace of 4.6% last month, significantly lower than the downwardly revised 5.7% in January, the Labor […]
CNN — Three years into the pandemic, Tilda Swinton is ready to put Covid-19-related film set rules behind her. While appearing at a South By Southwest (SXSW) festival event in Austin, Texas on Monday, Swinton said that she was told she had “to wear a mask at all times” while in production on a movie […]
