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inflation

Fast Food Meal Prices Hit $13 in LA and San Francisco, Doubling Over 10 Years

Fast food, once known for being a budget-friendly option, is increasingly seen as an expensive dining choice as prices surge across the country. According to...

Social Security COLA Expected to Rise 2.4% in 2025—Lowest Since 2021

The Social Security cost-of-living adjustment (COLA) is projected to increase by only 2.4% in 2025, marking the lowest annual increase since 2021, according to...

North Koreans say soaring rice prices ‘scarier than U.S. weapons’ as Kim Jong-un’s economic policy backfires

Rice prices in North Korea have nearly doubled amid tightened state control, prompting inflation, market strain, and concern over public discontent.

83% of U.S. Consumers Plan Spending Cuts Amid Inflation, Tariffs

With inflation rising rapidly and the Trump administration’s high tariffs now taking effect, U.S. consumers are actively cutting back on spending to maintain their...

Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy

President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...

$100K Income Fails to Cover Living Costs in LA, San Francisco

A new analysis reveals that earning $100,000 a year is no longer enough to cover basic living expenses in many major U.S. cities, including...

Retirement Savings Target Drops to $1.26M, But Most Americans Still Far Behind

The ideal retirement savings target for a comfortable post-work life has dropped to $1.26 million, according to a new survey by Northwestern Mutual released...

A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.

North Korean market prices double in a year amid rising exchange rates

As of early January, most commodity prices in North Korean markets have roughly doubled compared to the same period last year, while the North...

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