Wall Street rallies further ahead of inflation report
Stocks climbed again Monday, as Wall Street made its final moves ahead of a high-stakes report that will hopefully show inflation hammered the economy less hard last month.
As small businesses raise prices, some customers push back
Inflation isn’t only costing small businesses money. It’s costing them customers as well. At the Bushwick Grind Cafe in Brooklyn, New York, Kymme Williams-Davis has raised prices and switched to different types of goods to keep up with the rising costs of milk, coffee, paper goods and plastic, as well as shortages of items such as paper cups and plastic lids.
Apple maintains prices on new iPhones despite inflation
Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery — all at the same prices as last year’s models, despite inflationary pressure that has driven up the cost of many other everyday items.
Rents are starting to come down, but the trend may not hold
Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.
House panel calls for cryptocurrency fraud oversight
A House oversight subcommittee asked regulators and industry leaders on Tuesday to explain what they are doing to stop cryptocurrency fraud and other scams perpetrated on consumers.
