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News
August US CPI rises 3.4%, lifting Fed hike odds
11+ hour, 41+ min ago (366+ words) Dimsum Daily 14th September 2026 – (Washington) Markets have sharply raised bets that the Federal Reserve will deliver its first rate increase in more than three years this week after sticky inflation and Middle East-driven oil costs, while President Donald Trump again pressed…...
US Inflation Holds at 3.4 Percent as Energy Prices Rise
1+ day, 42+ min ago (411+ words) Persistent energy price increases pushed U.S. consumer prices up 0.4% in August, maintaining an annual inflation rate of 3.4% according to Labor Department data released Friday, September 11, 2026. The reading has intensified pressure on the Federal Reserve to consider raising interest rates at its…...
Labor Share Falls to 52.8% Record Low; Amazon, Walmart Workers on SNAP, Medicaid - News and Statistics
1+ day, 3+ hour ago (201+ words) American employees now receive the lowest portion of economic output since the Bureau of Labor Statistics started monitoring this figure in 1947. The labor share—the slice of wealth that workers get through their paychecks—has fallen to 52.8%, even as corporate…...
U.S. inflation remains at 3.4% in August report
2+ day, 23+ hour ago (268+ words) (The Center Square) – U.S. inflation rose by 0.4% in August for an annual rate of 3.4%, keeping in track with July’s data, according to a new report from the U.S. Bureau of Labor Statistics. The index for gasoline rose 3.9% during the…...
Letters: Yes, the trade war is about economics, but it's more about sovereignty
1+ day, 4+ hour ago (663+ words) Readers say the tariff battle is about Canadian freedom. They also disparage Pete Hegseth, say our auto industry is crucial, and more Re: Doug Ford’s veto of a U.S. trade deal cannot stand — John Ivison; and Trade war was never about…...
Amazon workers on food stamps have tripled despite its record revenue???and it???s just the latest evidence of the new economy of shrinking labor shares
1+ day, 7+ hour ago (600+ words) The U.S. workforce has just made the type of history it likely wishes it didn’t. Working Americans are taking home the smallest percentage of economic output, 52.8%, since the Bureau of Labor Statistics began tracking the metric in 1947. But as the share…...
Inflation rises 3.4% in August as interest-rate hike odds soar
2+ day, 17+ hour ago (798+ words) A key inflation gauge in August came in slightly hotter than expected – sending the odds the Federal Reserve will hike interest rates next week toward near certainty. The core figure in the Consumer Price Index – which excludes volatile food and…...
U.S. Inflation Rises 3.4% in August as Gasoline and Energy Prices Increase
2+ day, 20+ hour ago (261+ words) U.S. consumer prices increased in August, with the Bureau of Labor Statistics reporting that the Consumer Price Index for All Urban Consumers rose 0.4% on a seasonally adjusted basis. Gasoline prices rose 3.9% in August, accounting for more than one-third of the monthly…...
Inflation ticked up in August, setting the stage for the Fed to hike interest rates
3+ day, 1+ hour ago (679+ words) The prices U.S. consumers pay for goods and services continued to climb in August, with the Bureau of Labor Statistics finding that inflation ticked up even before renewed conflict in the Middle East sent oil prices soaring again. The consumer price…...
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
2+ day, 1+ hour ago (574+ words) Americans face a renewed squeeze on their paychecks as inflation once again rises faster than wage growth, putting further pressure on consumer wallets. "A substantial number of Americans are worse off, their incomes are not keeping up with the price…...