Aug 14 Energy, Food Costs Push Consumer Prices up, Fueling Inflation Fears By Admin, PBS News Hour The Labor Department reported a 0.8 percent rise in consumer prices in July -- double the expected rate -- sending inflation on its fastest annual pace in 17 years. Continue reading
Aug 05 Fed Opts to Leave Key Interest Rate Unchanged By Admin, PBS News Hour The Federal Reserve decided Tuesday for a second consecutive meeting to keep a key interest rate at 2 percent, saying that overall the economy is doing well despite inflationary fears. Continue reading
Jul 17 Watch Reporters Measure Economy’s Health Across the U.S. Business reporters and columnists from across the country assess how recent economic troubles, including inflation and housing market problems, have impacted local communities. Continue watching
Jul 16 Watch Consumer Price Index Report Adds to Economic Woes 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. Continue watching
Jul 16 Consumer Prices Rise at Fastest Rate Since ’82 By Admin, PBS News Hour 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. Continue reading
Jun 26 Watch California Community Hit Hard by Economy’s Fall 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. Continue watching
Jun 13 Inflation Jumps 0.6 Percent in May; Core Rate Remains in Check By Admin, PBS News Hour 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. Continue reading
Jun 09 Watch Fuel Costs, Job Losses Batter U.S. Economy 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… Continue watching
May 14 Inflation Pressures Ease with Small Rise in CPI By Admin, PBS News Hour 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. Continue reading
May 07 The housing market has made a major jump in the last thirty years, why? 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… Continue reading