Inflation

In this Aug. 21, 2019, photo a worker stocks a produce stand at a metro station in Atlanta. On Thursday, Oct. 10, the Labor Department reports on U.S. consumer prices for September. (AP Photo/David Goldman)
1010 WINS Newsroom
October 10, 2019 - 12:55 pm
WASHINGTON (AP) — Overall consumer prices were unchanged in September as a big decline in energy costs offset small gains in other areas. The flat reading in the Consumer Price Index for September followed a tiny 0.1% August increase and left prices over the past 12 months rising at a modest annual...
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In this Oct. 9, 2019, photo, Joe Schiavone, 81, is seen in his home in West Melbourne, Fla. Schiavone will get a modest cost-of-living increase from Social Security for 2020,a political year in which many Democrats are calling for a boost in basic benefits and a more generous formula to compute annual inflation adjustments. (AP Photo/Mike Brown)
1010 WINS Newsroom
October 10, 2019 - 8:48 am
WASHINGTON (AP) — Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection. The increase amounts to $24 a month for the average...
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California Gov. Gavin Newsom signs bill AB 1482, Tuesday, Oct. 8, 2019, in Oakland, Calif. AB 1482 will cap rent increases at 5% each year plus inflation. The bill will also ban landlords from evicting tenants without just cause. (AP Photo/Ben Margot)
1010 WINS Newsroom
October 08, 2019 - 7:56 pm
SACRAMENTO, Calif. (AP) — California will limit rent increases for some people over the next decade after Democratic Gov. Gavin Newsom signed a law Tuesday aimed at combating a housing crisis in the nation's most populous state. Newsom signed the bill at an event in Oakland, an area where a recent...
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Federal Reserve Chairman Jerome Powell speaks at the National Association for Business Economics conference in Denver on Tuesday, Oct. 8, 2019. Powell said that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Downward revisions to the government's hiring data, announced in August, suggest less upward pressure on wages and inflation. (AP Photo/Thomas Peipert)
1010 WINS Newsroom
October 08, 2019 - 5:04 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
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FILE - In this Oct. 3, 2019, file photo corn is harvested and chopped for silage at High Lawn Farm in Lee, Mass. On Tuesday, Oct. 8, the Labor Department reports on U.S. producer price inflation in September. (Ben Garver/The Berkshire Eagle via AP, File)
1010 WINS Newsroom
October 08, 2019 - 8:38 am
WASHINGTON (AP) — U.S. producer prices fell in September, another sign that inflation remains tame more than 10 years into America's economic expansion. The Labor Department says its producer price index, which measures inflation before it reaches consumers, fell 0.3% last month, the first drop...
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Federal Reserve Chairman Jerome Powell speaks before attending a panel at the Federal Reserve Board Building, Friday, Oct. 4, 2019, in Washington. (AP Photo/Jacquelyn Martin)
1010 WINS Newsroom
October 04, 2019 - 3:38 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that the U.S. economy is facing some risks at the moment, but overall it is in a "good place" and the Fed's main job is to "keep it there as long as possible." Powell noted that unemployment is at a half-century low and inflation...
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People wait near the front of a line hundreds of people long for government distributed food and school supplies to some residents of the Cite Soleil slum, in Port-au-Prince, Haiti, Thursday, Oct. 3, 2019. The administration of President Jovenel Moise tried to alleviate Haiti’s economic crunch on Thursday by distributing plates of rice and beans, sacks of rice, and school backpacks filled with four notebooks and two pens. (AP Photo/Rebecca Blackwell)
1010 WINS Newsroom
October 03, 2019 - 4:25 pm
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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Protestors calling for the resignation of Haitian President Jovenel Moise march toward the National Palace before being stopped by police in Port-au-Prince, Haiti, Tuesday, Oct. 1, 2019. While there were sporadic demonstrations on Tuesday, another protest scheduled for Wednesday threatened to once again paralyze Haiti's capital and nearby communities, which have endured violent demonstrations for nearly a month as anger grows over corruption, spiraling inflation and dwindling supplies of food and gasoline. (AP Photo/Rebecca Blackwell)
1010 WINS Newsroom
October 02, 2019 - 9:48 am
PORT-AU-PRINCE, Haiti (AP) — The operation dubbed "Find Jovenel Moïse" organized by opposition leaders demanding the resignation of Haiti's president ended abruptly when he appeared at the National Palace early this week following violent protests in which several people were killed. Haitians had...
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Clouds pass over the European Central Bank building, center, in Frankfurt, Germany, early Saturday, Sept. 28, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
October 01, 2019 - 6:17 am
BRUSSELS (AP) — Inflation in the 19-country eurozone weakened in September, slipping farther from the European Central Bank's goal and underlining President Mario Draghi's arguments for a recent stimulus package. Statistics agency Eurostat said Tuesday that the annual inflation rate eased to 0.9%...
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In this Monday, Sept. 23, 2019 photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Friday, Sept. 27, the Commerce Department issues its August report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Steven Senne)
1010 WINS Newsroom
September 27, 2019 - 12:58 pm
WASHINGTON (AP) — American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace. Personal income increased 0.4%, up from a small gain in the previous month, the Commerce Department said Friday. A measure of inflation...
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