Articles by tag: CPI
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Hedera: Gossip about Gossip: Meet New Hedera Governing Council Board Member Ian Putter of Standard Bank
Ian Putter recently joined the Hedera Governing Council Board, motivated to make fundamental changes across his continent. Putter resides and works in South Africa. He talks to Zenobia in the dark because there is an energy-conserving blackout, or load shedding, across the county to preserve the grid. “I’m very excited to be on the board,” […]
How Dovu and Tymlez are Working to Reduce Carbon Emission in Blockchain Technology
The blockchain technology market is seeing extremely rapid growth and is currently valued at $4.7 billion as of 2023, according to Emeritus. That number is predicted to more than triple that by 2027. However, with this growth, there is a sustainability concern with blockchain. The amount of energy usage that goes into its production and […]
Gossip ABOUT Gossip: Driving the Future of Gaming with Liithos
The world of gaming continues to evolve with advanced technology driving innovation across the board. Despite this, gamers must contend with the fact that the characters and stories they love live in one place. Michael Mumbauer, Founder & CEO Liithos, is ready to change this with Web3. Mumbauer sat down with Gossip ABOUT Gossip podcast […]
The Latest CPI Report Shows Housing Costs Are Keeping Inflation From Cooling Down.
The latest CPI (Consumer Price Index) numbers are in — and while consumer price inflation saw a 0.4% drop from 6.4% in January to 6% in February, core prices increased 0.5% from the previous month. The good news? The CPI report show consumer price inflation is down from its peak in June 2022 when […]
The Inflation Train Slows Overall But Gains Renewed Month-to-Month Steam. What Does This Mean for Businesses?
Gauging the consequences and status of persisting inflation can be a slippery endeavor, as most inflation news usually carries good and bad elements. Based on the most recent inflation update, the February CPI report, inflation seems to be meagerly slowing down; consumer prices have risen 6% since last February, down from the 6.4% YoY […]
US Inflation: A Cooling Trend Puts the Fed on Track to Downshift
(Bloomberg) –US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes. The overall consumer price index fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years, according to […]
As Goldman Sachs Predicts Deflation, Labor Market Remains “Most Forward-Looking” Inflation Indicator
Deflation is finally in the air. Firms like Goldman Sachs are expecting a drastic decline in U.S. inflation in 2023, estimating personal consumption expenditure (PCE) figures as low as 2.9% by December 2023, compared to the current measure of 5.1%. This comes in the wake of the CPI growing at slower rate than anticipated, clocking […]
Why July’s Consumer Price Inflation is Forcing Businesses to Reckon with Hiring Strategies
After weeks dotted with interest rate hikes, mortgage rate oscillation, and dropping energy prices, U.S. businesses and consumers finally got a fresh look at the nation’s inflationary climate and whether or not monetary policy is having its intended effects. On August 10, the Bureau of Labor Statistics released the most recent consumer price index for […]