Headline inflation reading may show price pressures fading while the Fed’s preferred “core” (ex-energy and food) CPI measure shows that underlying inflation is still rising When is the July US CPI report? The US Bureau of Labor Statistics (BLS) will release the July Consumer Price Index (CPI) report Wednesday, August 8 at 8:30 ET. What […]
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WTI oil remains in a sideways mode and ranging between $80 and $90 for the second consecutive day, suggesting that the price action has temporarily stabilized after surge to near $120 per barrel on opening Read more…
Investors are assessing whether the 2022 or 2025 oil scenario will play out. Releasing reserves will not necessarily lower oil prices. The oil market is focused on two main issues: how quickly the conflict in Read more…
My years of experience reporting on Americans’ personal finance concerns have led me to understand on a deep level the reality that Social Security and Medicare face serious financial difficulties — and action needs to Read more…