"An economist provides insight into how inflation is measured, where it comes from and how it is impacting Canadians and the economy at large."

>"European markets closed lower on Friday afternoon after a key U.S. jobs report showed unexpected strength in the labor market."

>"Global financial markets whipsawed as risk sentiment remained fragile, with US House Speaker Nancy Pelosi’s Taiwan trip _...Read More_

>"US consumer spending fell in May for the first time this year and prior months were revised lower, suggesting an _...Read More_

>"The new BRICS basket-based currency would challenge the US dollar-dominated IMF's basket and allow Russia _...Read More_

>"Consumer sentiment logged a record low in June as Americans continued to face elevated prices for gas, food and other goods and _...Read More_

"Lower real living standards now represent the price of being in paid work."

"The buying power of wages began slipping mid last year year. The wages share of national income has been sliding since 2016."

"Real hourly wages in the U.S. are trending down to some of the lowest levels in recent history, with just 18% of _...Read More_

"Gas prices hit a record in the United States. Stocks on Wall Street rose slightly, rebounding from their sharpest drop in more than a year."

"It's not too late to pull out the largest part of expansion of the Fed’s balance sheet, before inflation effects materialize."

>"The retailer said it is focused on keeping prices low, as some shoppers get nervous about inflation."

"US stock index futures fell sharply on Thursday after hotter-than-expected consumer prices data raised fears of quicker interest rate hikes by the Federal Reserve."

>"Higher interest rates reduce demand for goods and services, which makes it harder for companies to raise prices. But there are risks as well."

>"Consumer Price Index data released on Thursday could show the biggest annual price increase since early 1982."