The rich keep spending money on ‘unapologetic luxury’ — and it’s raising prices on everyday goods for everyone
The wealthy are unfazed by inflation, and that could complicate the Fed’s ability to fight it.
Last updated: 2026-06-13 22:48:23 ET
The wealthy are unfazed by inflation, and that could complicate the Fed’s ability to fight it.
A surge in the Producer Price Index signals that businesses are paying more for goods and services, which could push up consumer costs.
For consumers, the Middle East conflict's impact on the cost of everyday goods has made it harder to make ends meet.
Americans are paying more particularly for produce and baked goods, among others, driven by the Iran war, tariffs and drought.
Canada’s goods-trade surplus with the world widened to the biggest in more than a year as shipments of crude oil and vehicles to the U.S. drove expo...
(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures rose on Tuesday, as th...
Most people have never heard of the century-old shipping law President Donald Trump temporarily suspended for the second time last month to ease fuel ...
The head of New York’s casino union is living like a high roller while his lieutenants allegedly raked in luxury goods. New York Hotel Gaming and Tr...
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