prices

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 percent in January on a seasonally adjusted basis. That’s up from rising 0.2 percent in December, according to the U.S. Bureau of Labor Statistics report on Tuesday. Brandon Arnold, the executive vice president of the National Taxpayers Union, says inflation will continue to increase, […]

Oil prices rose more than $1 a barrel Wednesday after reports of a disruption to Libya’s top oilfield added to supply concerns, emanating from tensions in the Red Sea. Just Sunday, another attack took place there, with the United States defending a shipping container in the Red Sea from Iran-backed Houthi forces. To discuss this […]

The world’s largest ever off-shore wind farm—Hornsea 3—has been greenlighted and is set to be built off the U.K. coast in the North Sea. But there are concerns about how this project will affect both energy prices and marine life in the area. NTD’s Malcolm Hudson spoke to the director of Net Zero Watch, Andrew […]

Home prices rose in October as lackluster housing supply continues to prop up the U.S. real estate market despite higher mortgage rates. According to the Federal Housing Finance Agency (FHFA), the average prices of single-family homes with mortgages guaranteed by Fannie Mae and Freddie Mac climbed 0.3 percent in October. This was down from an […]

NEW YORK—Prices for orange juice rose on Tuesday to the highest since future contracts started trading in New York in 1966 as an outlook for limited production in the United States, Brazil, and Mexico boosted investors’ interest in the product. The January contract of frozen concentrated orange juice (FCOJ) on the Intercontinental Exchange (ICE) hit […]

U.S. oil prices shot above $90 a barrel for the first time in 10 months, a bad sign for the Federal Reserve. The surge in oil prices is expected to push gasoline prices up even higher and worsen already rising inflation rates across the economy. The latest jump in energy prices is beginning to reverse some […]

Tesla now pushing another round of price cuts. The American electric-car maker announced the move for its Chinese business sending its shares lower on Monday.

Audio streamer Spotify said on Monday that it is raising the prices of its Premium plans. In the United States, the company’s Premium Single plan will now be $10.99, up from $9.99. The cost of a Premium Duo plan, which allows for two accounts, will rise from $12.99 to $14.99, while a Premium Family plan […]

President Joe Biden convenes a meeting of his competition council at 3:00 p.m. ET on July 19 to announce new actions to increase competition in the American economy to lower prices.

WASHINGTON—Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve’s streak of interest rate hikes. The government’s producer price index—which measures inflation before it reaches consumers—rose just 0.1 percent last month from June 2022, the smallest such increase since August […]

Prices for electric vehicles have been dropping recently, and it looks like they will continue dropping with future production. NTD looks into what this could mean for consumers and car manufacturers.

WASHINGTON—U.S. wholesale prices fell in March, a sign that inflationary pressures in the economy are easing more than a year after the Federal Reserve began aggressively raising interest rates. Plunging energy prices pulled the government’s producer price index down 0.5 percent from February to March; it had been unchanged from January to February. Compared with […]

Dozens of farmers and other agricultural producers came to Paris to attend France’s biggest annual agriculture show. Several livestock farmers told NTD they are worried about the future, as they face rising prices and stricter EU regulations.

Inflation was still hot in January, but with some prices cooling off. Monthly prices were largely pushed up by shelter costs. these costs accounted for nearly half of the increase. Higher costs for food, gasoline, and natural gas also contributed. On an annual basis, food prices are up 11.3 percent, with egg prices up 70 […]

Life is growing more difficult for the elderly in a city in Southwest Russia. With food prices running high, many are choosing to survive on expired food.

The U.S. annual inflation rate slowed to 6.5 percent in December 2022, from 7.1 percent in November 2022, according to the Bureau of Labor Statistics. The consumer price index dipped by 0.1 percent month over month. The core inflation rate, which excludes the volatile food and energy sectors, eased to 5.7 percent last month, from […]

Food prices soared in 2022, and so far there are few solutions on the horizon for 2023. The latest Consumer Price Index Data from the Bureau of Labor Statistics found that grocery prices increased 12 percent in the previous 12 months, far higher than the already elevated inflation rate. The BLS index for wholesale prices […]