Inflation

It’s no secret that increase in fuel prices and inflation have become pressing concerns for individuals and businesses alike. As these challenges continue to impact our daily lives, it’s crucial to proactively prepare for the future and navigate these uncertainties with foresight and resilience. At The Nest, we understand the…

We Did It, Joe! Late Thursday, the Senate passed an agreement to prevent the first-ever US default. A day after passing the House, the bipartisan debt limit increase bill cleared the Senate by a vote of 63 to 36. …

The Pitch: Economic Update for June 1st, 2023 — Friends, Victoria Guida writes for Politico about the tremendous gains that low-wage American workers have made over the last three years: “one of the lowest tiers of earners — people making an average of $12.50 per hour nationally — saw their pay grow nearly 6 percent from 2020 to 2022…

Retirement tales: nine to wine is not exactly what the title implies. I just think it’s a catchy title. I don’t drink from early morning to late afternoon. But, I enjoy some red wine with friends in the afternoon and into the early evening. …

Here are the key facts of this story, as agreed upon by ¹FT, ²FXStreet, ³CNBC, ⁴Reuters, ⁵Barrons and ⁶CNN. Eurozone annual inflation within the 20-nation single currency bloc has fallen more than expected by economists in the year to May, reaching its lowest level since Feb. 2022. ¹ The Eurozone’s…

Things to think about if you want to become an expat First let’s define what an expat is — Someone who, for whatever reason, chooses to live outside of their home country. With the rise of remote work and more countries offering digital nomad visas, more and more Americans are…

The second article of a trilogy on inflation. It aims to debunk the reasons advanced to justify the use of the inflation target, which is at the core of Central Banks' current monetary policy. This series of articles intends to challenge certain preconceived ideas, but also to stimulate ideas for…

After several decades of low inflation, investors are now again facing probably a somewhat longer period of higher inflation. Inflation comes at the expense of purchasing power, and this touches on the main risk of investing, which is the permanent loss of wealth (purchasing power). One way to mitigate this…

- https://www.cnbc.com/2023/06/01/main-driver-of-inflation-wage-hikes.html People asked for more money to cope with inflation and this caused more inflation. So it’s the average working class person’s fault. Riiiiiiiiiight. 😒 “Central bank officials around the world have said taming inflation is their top priority, but rising prices have turned out to be stickier than…