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Business reporters and columnists from across the country assess how recent economic troubles, including inflation and housing market problems, have impacted local communities.
Rising consumer prices are raising Americans' cost of living, adding to economic woes, according to a new economic report. Analysts discuss the recent report and what it means for American consumers.
By Admin, PBS NewsHour
The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy.
Residents of a once-prosperous California community are feeling an economic pinch as home foreclosures, the credit crunch, low consumer confidence and high oil prices have hurt the U.S. economy.
Inflation shot up at the fastest rate in some six months, the U.S. government reported Friday. The jump in prices was blamed largely on soaring gas and food prices.
Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad…
The overall Consumer Price Index rose 0.2 percent in April, the Labor Department announced Wednesday, a smaller-than-expected rise despite the highest jump in food prices in 18 years.
Question/Comment: Paul, in 1965, my dad bought our house in a suburb of Los Angeles for about $3,000. In 1979, he sold it for about $80,000. Why did the market jump so much in just 14 years? This has been…
The Federal Reserve cut a key interest rate by a quarter point Wednesday, bringing the federal funds rate down to its lowest level since late 2004. The move is intended to help address the ongoing housing slump and credit crunch.
The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy.
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