inflation - Page 5 of 5

Inflation at 17-Year High

Staff / Truthdig Aug 15, 2008 Stagflation: It's always sounded like a dirty word, and is hopelessly tied to retro jokes about the '70s. But with GDP growth already, well, stagnant, the Labor Department announced Thursday that July saw the highest rate of inflation in 17 years, meaning you can now appropriately drop the word into water cooler convo without seeming like a potty-mouth or a retro hipster. On the downside, you are now paying 5.6 percent more for things than you did at this time last year. Dig deeper ( 1 Min. Read )

Inflation Runs at a 26-Year High

Staff / Truthdig Jul 16, 2008 The once-mighty US dollar is full of hot air, or at least the rate of inflation is at a 26-year high due to the recent economic toils and astronomical energy prices Prices U consumers pay shot up 11 percent in June -- or more directly, your paycheck just got 11 percent smaller. Dig deeper ( 1 Min. Read )

U.S. Consumer Confidence at 28-Year Low

Staff / Truthdig May 16, 2008 A survey released Friday showed that U.S. consumer confidence has fallen to the lowest point since the "stagflation" of the early 1980s. According to the survey, lower-income households, citing rising food and fuel prices, were the main source of the drop in confidence. Dig deeper ( 1 Min. Read )

Zimbabwe Tense as Election Results Slowly Roll In

Staff / Truthdig Apr 1, 2008 Results from Saturday's watershed elections in Zimbabwe are still being tallied and analyzed, and while the country anxiously awaits the outcome, some are wondering whether the delay is due to careful counting methods or more troubling potential causes. Meanwhile, President Robert Mugabe is losing his grip on power or ready to claim victory -- depending on which of Monday's conflicting reports you read. Dig deeper ( 1 Min. Read )

Marie Cocco: The Pretense About Jobs

Marie Cocco / Truthdig Sep 6, 2006 When it pays better to be old and retired than young and working, we can no longer indulge Bush's fantasy that the economy is on the right track. Dig deeper ( 3 Min. Read )