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Market and Exchange

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Top Market and Exchange Articles

Displaying items 23-33
  • Despite big jump in food prices, inflation remained tame last month

    Despite big jump in food prices, inflation remained tame last month
    WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday. Over the previous year, the consumer price index has risen 1.1%. The...
  • Everything you thought you knew about economic statistics is wrong

    Everything you thought you knew about economic statistics is wrong
    Physicists may be the only people who understand that the quest for exact measurement of the real world is a wild goose chase -- the Heisenberg uncertainty principle tells them that the more precisely they measure the momentum of a particle, the less they...
  • Crises in Iraq and elsewhere send oil prices soaring

    Crises in Iraq and elsewhere send oil prices soaring
    Crude oil prices were headed to their biggest weekly gain of the year on Friday amid fear that the escalating crisis in Iraq could constrain supplies around the world. Investors were spooked after President Obama said he is considering military action...
  • Consumer price index jumps 0.4% in May as inflation heats up

    Consumer price index jumps 0.4% in May as inflation heats up
    Americans paid more for just about everything last month, pushing inflation to its highest annual rate in more than 11/2 years and creating another potential obstacle for the economic recovery. The 0.4% jump in the consumer price index for May, released...
  • Global food prices fall in May for second consecutive month

    Global food prices fell for the second consecutive month in May as the cost of dairy, cereals and vegetable oils declined, according to the United Nations’ Food & Agriculture Organization. An index of international food prices fell 1.2% to 207.8...
  • Deflation-wary European Central Bank cuts deposit rate to below zero

    In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
  • Comcast-Time Warner Cable: Bigger Doesn't Mean Badder

    It didn't take long for consumer advocates to line up against the Comcast-Time Warner Cable mega-merger. "Don't let #ComcastTWC kill Competition and Innovation" screamed a Public Knowledge tweet. But the risks and benefits of this merger are more nuanced...
  • Inflation rate remains low as January prices barely budge

    Inflation rate remains low as January prices barely budge
    WASHINGTON -- Consumer prices barely budged last month, a slowdown that showed inflation was well in check to start the year -- and maybe running too low. The consumer price index rose 0.1% in January, down from the 0.2% increase the previous month, the...
  • Obama drops proposal for entitlement trims from budget plan

    Obama drops proposal for entitlement trims from budget plan
    WASHINGTON -- President Obama has dropped a proposal included in previous budget offers that would have changed the way entitlement benefit increases are calculated, an acknowledgment that the era of “grand bargain” fiscal talks with...
  • Obama backs away from a Republican budget priority

    WASHINGTON — Seeking to present a unified Democratic front in an election year, President Obama is backing away from a proposal to restrain spending on entitlement programs, focusing instead on economic priorities likely to please his party's base....
  • Bye-bye, chained CPI

    Bye-bye, chained CPI
    Chalk it up to Republican obstinacy, Democratic opposition, or just plain common sense, the White House has dropped the noxious chained CPI from its Social Security proposals for the upcoming federal budget. The chained consumer price index is a new way...