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inflation

All data shows inflation isn’t going away, making things tough on Fed

by Walter Watson
All data shows inflation isn’t going away, making things tough on Fed

A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images The last batch of …

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Nearly 23% of the Canadian population reported food insecurity in 2022

by Anas Siddiqui
Nearly 23% of the Canadian population reported food insecurity in 2022

Nearly nine million Canadians lived in food insecure households in 2022, with 22.9 per cent of the population reporting some form of food insecurity, according to a Statistics Canada report released …

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Key Fed inflation measure rose 2.8%

by Walter Watson
Key Fed inflation measure rose 2.8%

Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index …

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20 least-affordable US cities to buy a home are all in California

by Vera Ward
20 least-affordable US cities to buy a home are all in California

“How expensive?” tracks measurements of California’s totally unaffordable housing market. The pain: Twenty U.S. cities with the highest home-price-to-income ratios are all in California. The source: My trusty spreadsheet reviewed …

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Colorado Anthem insurance customers may need to change hospitals

by Akin Smith
Colorado Anthem insurance customers may need to change hospitals

Patty Damon can see St. Anthony Hospital’s Lakewood campus from her house, but starting in May, she may not be able to go there any longer without digging deep into …

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Allstate will insure California homes again, under one condition

by Vera Ward
Allstate will insure California homes again, under one condition

By Nadia Lopez | Bloomberg Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier …

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Inflation, high costs had biggest impact on Asian firms in 2023: UOB

by Walter Watson
Inflation, high costs had biggest impact on Asian firms in 2023: UOB

Customers work a cafe and a co-working space in Hanoi, Vietnam, on Thursday, July 20, 2023.  Bloomberg | Bloomberg | Getty Images Higher costs had the biggest impact on Asian …

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Philippines’ Marcos Jnr intervenes in feud between first lady, Vice-President Duterte: ‘she still has a lot to learn’

by Walter Watson
Philippines’ Marcos Jnr intervenes in feud between first lady, Vice-President Duterte: ‘she still has a lot to learn’

The vice-president responded by saying the first lady’s personal feelings have nothing to do with her mandate as a government official and the administration should focus on tackling pressing issues …

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Meaty economic indicator? China’s distressed pig farmers eye turnaround

by Anas Siddiqui
Meaty economic indicator? China’s distressed pig farmers eye turnaround

Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the industry is on the cusp of sustained profitability after years of losses. Key indicators point …

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Mortgage interest still driving inflation, as overall rate nudges up to 2.9%

by Anas Siddiqui
Mortgage interest still driving inflation, as overall rate nudges up to 2.9%

Canada’s inflation rate went up slightly in March compared to February, with Statistics Canada pointing out gasoline prices are partly behind the increase. The federal agency’s consumer price index for March …

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