New York (AFP) – Stocks fell on Wall Street on Wednesday, led by further declines in technology companies, after a report on inflation came in worse than expected. The early rally faded, leaving the S&P 500 down 1.6% after stumbling between gains and losses in morning trade. The decline wiped out the gains made the … Read more
(NerdWallet) – Inflation is crushing nearly every aspect of Americans’ budgets – including their vacations. Prices have risen an average of 7.9% over the past 12 months ending February 2022, according to the US Department of Labor. And major travel expenses have gone up much more: car rental rates are up 24% year over year. … Read more
Stocks open lower again on Wall Street as the market extends its losing streak last week. The S&P 500 fell 0.9% early Monday. Tech companies were again doing worse than the rest of the market. This sent the Nasdaq down 1.5%. Both indices fell last week for the first time in four weeks. Twitter was … Read more
ROCK RAPIDS One of the most important things that Lt. Gov. Adam Gregg has taken so far on his tour of 99 counties in Iowa is how rising inflation is affecting businesses across the state. This was also a problem for DGR Engineering in Rock Rapids, where Gregg visited on Thursday, April 7, as part … Read more
Inflation is on the rise — and if it continues to rise, Americans may start canceling their travel plans. About 40% of adults in the United States said they would cancel a vacation or trip if consumer prices continued to rise, according to a new CNBC + Acorns Invest in You poll, conducted by Momentive. … Read more