Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Fed chairman talks tough on inflation — plus, what's behind Micron's big rally
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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.
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This week’s indicators: Inflation is disturbing, workers are getting their stolen wages back, and NVIDIA ex-CEO’s alleged affairs become a $465 billion business expense. (Woof!)Fact-checking by Tyler Jones.Your Next Listen –The tower of NVIDIA–Over 2,000 episodes in our archive on the NPR AppConnect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop!Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.
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Cut government spending to reduce inflation: Big banks’ plea
The CEOs of two of the nation’s largest banks say less government spending will reduce inflationary pressure.
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The lowest Aussie in seven months could lead to more expensive imports, stoking further price rises to make the central bank’s job harder.
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Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
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