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Inflation drags middle-class outlook down
Fewer middle-income Americans think their finances will improve next year, a stark signal that household optimism is buckling under higher prices. A new study finds only 21% expect to be better off, ...
America’s middle class is weary. After nearly five years of high prices, many middle-class earners thought life would be more affordable by now. Costs for goods and services are 25% above where they ...
Inflation reached a 40-year high of 9.1% in June 2022, according to the U.S. Bureau of Labor Statistics (BLS). While prices have stabilized since then, the cost of living hasn’t gotten any lower. Some ...
(CNN) — US consumer prices rose 2.7% annually in December, closing out a year that saw slight progress on inflation but continued affordability concerns for many Americans. The latest Consumer Price ...
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