#Consumer Price Index


Chicago approves $500 monthly payments to low-income households, other measures in budget

CHICAGO (WAND) - Monthly payments of $500 will be given to 5,000 low-income Chicago households as part of a $16.7 billion budget approved Wednesday. Due to a large infusion of federal dollars, Chicago is seeing a 30 percent increase in spending for an array of programs. The 35 to 15 vote approved the use of nearly $2 billion in federal money and closes a budget gap of $733 million, per NBC Chicago.
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Analysis: The 1970s all over again? Stagflation debate splits Wall St

NEW YORK, Oct 27 (Reuters) - Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more than double its current level. Now the chief equity market strategist at Federated Hermes,...
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Thanksgiving Expected To Be Most Expensive Holiday In History, American Farm Bureau Says

WALL TOWNSHIP, N.J. (CBSNewYork) — Expect to pay more to feed your loved ones this Thanksgiving. Prices are up due to a number of factors. Sharon, from Wall Township, walked out of the food store looking at her receipt. “Everything seemed a lot more expensive,” she told CBS2’s Meg Baker. The American Farm Bureau says this Thanksgiving will be the most expensive holiday in history. Multiple causes are in play — inflation, a broken supply chain caused by a worker shortage and bad weather. Carl Gould is a business expert with 7 Stage Advisors in Butler. “The consumer price index is up about 5% right now …...

Hunting Season in Southwest Montana Off to a Great Start

General hunting season in Montana began October 23 and according to Montana Fish, Wildlife, and Parks, hunters in southwest Montana have had above-average success so far. Wildlife biologists with Montana FWP released a recap of Montana's first week of general hunting season and shared data from check stations in southwest Montana. 1,880 hunters were surveyed using data from six game check stations. Biologists use check stations to collect data on hunter participation and success, as well as the species, sex and age class of the animals harvested.

Southern Idaho Gas Prices Soar to Record Heights

One tenth of one penny! That’s all that separates the cost of unleaded regular in Hansen from four dollars a gallon. A member of our audience texted me today and explained he had seen $4.15 a gallon but didn’t explain the location. This has got to be rough on the locals in Hansen. It’s not exactly the wealthiest community in the valley, although. Many of the buyers are just passing through. If you work in Twin Falls you probably save anywhere from 15 to 25 cents a gallon by filling up before going home.

Chicago’s council OKs $16.7B budget with federal infusion

CHICAGO (AP) — Chicago’s City Council easily approved a $16.7 billion budget Wednesday that includes a roughly 30% increase in spending for an array of programs largely due to a hefty infusion of federal funds. The budget, which was approved 35 to 15, has nearly $2 billion in federal funds and closes a $733 million […]

Fed May Look To Tapering To Help Solve Inflation And Supply Chain Problems

The Fed Looks to Taper Its Bond Buying Program Which Could Change the Housing Market. Inflation, Supply Chain, and Worker Shortages Emerge as Consistent Earnings Themes. Preparing for 2022: Sector Rotation, Inflation, and Taxes. According to the Stock Trader’s Almanac, the final quarter of the year tends to be the...

Thanksgiving 2021 may be the most expensive in history

WASHINGTON (TND) — Due to inflationary prices, this year's Thanksgiving may be "the most expensive meal in the history of the holiday," according to The New York Times. Calvin Moore, the Congressional Leadership Fund communications director, said President Biden's policies have created a situation where "working families can’t even afford to celebrate the holidays this year.”

Supply chain bottlenecks sour wine industry amid bottle shortage

The wine industry is experiencing supply chain bottlenecks amid a "shortage of bottles," Dr. Kaan Kurtural, a viticulture specialist with the University of California Davis, said. Kurtural pointed out that the industry is currently facing even more issues, including seeds being "difficult to come by" and the price of fertilizer...

Discussing Bitcoin And Big-Picture Macroeconomics

In this episode of Bitcoin Magazine’s “Fed Watch'' podcast, Christian Keroles and I sat down with Sam Rule for the first time. Rule is a new addition to the Bitcoin Magazine team, researching and writing on its Deep Dive letters and series. His areas of interest are macro and long-term debt cycles so, we tackled topics like monetary versus fiscal policy, Federal Reserve tapering, inflation versus deflation, consumer price index (CPI), labor market and bond markets.