Friday, August 30, 2024

CNBC: The Fed’s favorite inflation indicator increased 0.2% in July, as expected

The Fed’s favorite inflation indicator increased 0.2% in July, as expected  

https://www.cnbc.com/2024/08/30/pce-inflation-july-2024.html

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Difference between the inflation rate and growth of wages in the United States from April 2020 to April 2024  

https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

United States Wages and Salaries Growth  

https://tradingeconomics.com/united-states/wage-growth

Wednesday, August 28, 2024

(Normal / Inferior) CNBC: Increased sausage demand could be worrying signal on the economy

 CNBC: Increased sausage demand could be worrying signal on the economy

https://www.cnbc.com/2024/08/26/increased-sausage-demand-could-be-worrying-signal-on-the-economy.html

CNBC: Home prices hit record high in June on S&P Case-Shiller Index

 Home prices hit record high in June on S&P Case-Shiller Index

https://www.cnbc.com/2024/08/27/home-prices-hit-record-high-in-june-on-sp-case-shiller-index.html

https://youtu.be/ulve2KRz0ew?si=YtpPR1cRFIVOYbIn

CNBC: Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

https://www.cnbc.com/2024/08/27/trump-harris-budget-deficit-economy-election.html 



Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

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Key Points
  • Republican Donald Trump’s economic proposals would increase federal deficits by almost five times more over the next decade than those of Democratic nominee Vice President Kamala Harris, per two reports by the Penn Wharton Budget Model.
  • Harris has proposed raising corporate taxes to pay for her plan while Trump has put forward a hardline tariff policy on all imports, including higher rates for China.
  • The Trump and Harris campaigns are in a race to paint the other side as an economic danger, each trying to win over voters fatigued by the higher cost of living.

Monday, August 26, 2024

CNBC: Nonfarm payroll growth revised down by 818,000, Labor Department says

 CNBC: Nonfarm payroll growth revised down by 818,000, Labor Department says

https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html

Economic news - CNNMoney.com