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Economy
Why a higher inflation regime will eventually be good for investors
The writer is chief market strategist for Europe, Middle East and Africa at JPMorgan Asset ManagementA fellow panellist at a recent conference proclaimed: “The low inflation decades were a golden era for investors.” The audience…
Nancy Pelosi goes on lavish Italian vacation as inflation back home hits 40-year high
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House Speaker Nancy Pelosi spent time during the two-week July Fourth congressional recess at a ritzy resort in Italy owned by a renowned Italian opera tenor, while Americans faced the…
For wealthy New Yorkers, inflation protection is in the bag
Oui oui, you can beat inflation!
Shrewd and trendy shoppers are snatching up Chanel bags and purses in hopes of keeping their cash from losing value amidst staggering inflation.
“My husband bought me one…
Here’s how much a Forever stamp will cost you starting Sunday
The U.S. Postal Service blames inflation and increased operating expenses as the reason for a list of price hikes.
INDIANAPOLIS — It's about to cost a little bit more to mail a letter in the United States.…
Bitcoin was supposed to hedge against inflation—here’s why it hasn’t worked that way
Bitcoin has plunged in value this year, weakening the argument often made by crypto enthusiasts that it can be an effective hedge against inflation during times of economic turmoil.Bitcoin advocates have long argued that its scarcity…
U.S. Job Growth Remains Solid in June: Live Updates
The economy added 372,000 jobs in June, a hotter-than-expected boost to the labor market that may ease worries of an impending…
Opinion | That Was the Stagflation That Was
On Wednesday the five-year breakeven inflation rate fell to 2.48 percent. If that doesn’t mean anything to you — which is completely forgivable if you aren’t a professional economy-watcher — try this: The wholesale price of gasoline has…
Jobs Aplenty, but a Shortage of Care Keeps Many Women From Benefiting
A dearth of child care and elder care choices is causing many women to reorganize their working lives and prompting some to forgo jobs altogether, hurting the economy at a moment when companies are desperate to hire, and forcing…
Biden’s union pension bailout: What it means, and will it work?
Check out what's clicking on FoxBusiness.com. The Biden administration unveiled details this week of the final rules surrounding the federal bailout of hundreds of union pension plans passed as part of Democrats' $1.9 trillion…
Germans may have to ration hot water if Russia cuts off gas supply
Kissinger Associates vice chairman reacts to Biden blaming Russia for rising inflation and gas prices on 'The Claman Countdown.' Germany is hunkering down for the possibility of Russia cutting off natural gas supplies, and some…