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News
Bank of England keeps key rate at 3.75% for the fifth time this year
7+ hour ago (429+ words) The bank’s monetary policy committee voted 6-3 to keep the rate at 3.75%, in line with the expectations of most economists. Policymakers have kept the rate at that level since December after four rate cuts in 2025. “The impact of the energy shock…...
US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high - myMotherLode.com
2+ hour, 57+ min ago (436+ words) Published Jul 30, 2026 6:08 am: Updated Jul 30, 2026 10:08 am Growth in U.S. gross domestic product — the nation’s output of goods and services — decelerated from 2.1% in the first three months of 2026, the Commerce Department reported Thursday, coming in below economists’ expectations. But consumer spending — which…...
Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants - myMotherLode.com
14+ hour, 39+ min ago (652+ words) Published Jul 29, 2026 10:25 pm It’s been a choppy year for restaurants that lean into lettuce. Lettuce prices rose sharply in the first half of 2026 due to hot weather in Arizona, where about one-third of America’s lettuce is grown. Now, restaurants are…...
Do bonds appreciate over time? - myMotherLode.com
2+ day, 8+ hour ago (421+ words) Published Jul 28, 2026 4:07 am A reader asked about the capital appreciation potential of bonds: It’s sometimes said that bonds are a better investment than cash because bonds have the potential for underlying capital appreciation in addition to their regular yields. But…...
Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation - myMotherLode.com
2+ day, 4+ hour ago (794+ words) Published Jul 28, 2026 8:15 am The Iran war has reignited, pushing oil and gas prices higher — a trend that will worsen inflation in the coming months. Soaring investment in the artificial intelligence buildout is raising the cost of laptops, smart phones and…...
The ‘rockets and feathers’ effect: Inflation eases but grocery bills do not - myMotherLode.com
5+ day, 8+ hour ago (878+ words) Published Jul 25, 2026 4:12 am Elizabeth Martínez pushes a shopping cart through a grocery store aisle on Thursday, July 2, 2026, in Cleveland, Texas. (Sandy Guatibonza/La Esquina TX via AP) Economics has a term for what U.S. grocery prices have done in…...
America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street
5+ day, 4+ hour ago (855+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years - myMotherLode.com
5+ day, 8+ hour ago (1833+ words) Published Jul 25, 2026 4:09 am What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she grabs the weekly circular…...
What to know about Trump’s latest tariffs - myMotherLode.com
5+ day, 22+ hour ago (1125+ words) Published Jul 24, 2026 2:15 pm On Friday, he rolled out new double-digit tariffs on imports from 60 U.S. trading partners, ostensibly for failing to do enough to prevent imports produced by forced labor. But the breadth of the levies — they cover 99% of U.S. imports…...
Russia’s central bank gingerly cuts rates, caught between business complaints and inflation - myMotherLode.com
6+ day, 2+ hour ago (361+ words) Published Jul 24, 2026 7:14 am: Updated Jul 24, 2026 10:17 am The quarter-point cut to 14% shows the bank slowing its pace of rate cuts from a peak of 21% last year. The bank had been cutting by at least a half-percentage point until a quarter-point cut…...