Economy Apr 17 How the White House is trying to fight inflation and what it means politically By Geoff Bennett, Tess Conciatori, Ian Couzens
Economy Apr 12 Watch 7:38 Inflation hits new historic high, painting a bleak economic picture Inflation numbers released Tuesday by the U.S. Labor Department show prices are up in nearly every consumer category, but especially energy costs. President Biden traveled to the midwest to explain how his administration is going to ease the pain at…
Economy Apr 12 Watch 8:27 Why corporations are reaping record profits with inflation on the rise Despite rising inflation, major U.S. corporations are reporting record profits, as companies pass rising supply-chain costs onto consumers. Economics correspondent Paul Solman explores whether concentrated market power is contributing to inflation. By Paul Solman, Lee Koromvokis
Economy Feb 09 Watch 9:13 How rising prices are squeezing Americans who were already on a tight budget Many economists believe the spike in prices is going to be quite high compared to a year ago, while inflation's bite has been particularly pronounced on some groups of Americans. That includes seniors living on fixed incomes and millennials who… By Paul Solman, Lee Koromvokis
Economy Jan 24 Watch 7:02 What’s behind the current stock market volatility? At one point Monday, the Dow Jones was down more than a thousand points and the S&P 500, which is a wider gauge of the stock market, fell into correction territory — a drop of 10 percent from its previous… By Amna Nawaz
Jan 12 Watch 8:46 Inflation surged at the fastest pace in 40 years. What will it mean for consumers? The last time inflation rose 7 percent annually was back in 1982 and the latest consumer price report shows costs are continuing to spike. That is presenting real questions for the Federal Reserve, which is tasked with promoting stable prices. Continue watching
Dec 28 Watch 8:18 Why lumber costs fluctuated drastically during the pandemic, and how it affects inflation By Paul Solman, Lee Koromvokis Home prices and rents have gone up this year. That’s in part because of the increase in the cost of lumber. Could the wild swings in the price of wood over the past two years be a sign of inflation… Continue watching
Dec 15 Fed will tighten credit faster and sees 3 rate hikes in 2022 amid inflationary pressure By Christopher Rugaber, Associated Press In an abrupt policy shift, the Fed announced Wednesday that it will shrink its monthly bond purchases at twice the pace it previously announced, likely ending them altogether in March. Continue reading
Nov 26 Watch 12:14 Brooks and Capehart on new COVID-19 variant, inflation, Ahmaud Arbery verdict New York Times columnist David Brooks and Washington Post columnist Jonathan Capehart join William Brangham to discuss the week in politics, including the new COVID- 19 variant, inflation, President Biden's leadership decisions at the Federal Reserve and the verdict in… Continue watching
Nov 16 Watch 7:49 Key miscalculations that impacted inflation, and how Biden’s spending bill could affect it Americans are increasingly feeling the sting of inflation. Up more than six percent compared to a year ago, inflation is taking a bite out of their paychecks — particularly for middle and lower-income Americans. Larry Summers was treasury secretary for… Continue watching