Tech Insider : Economy
A cashier rings up food in a checkout line at a Publix grocery store in Miami, Florida.
A cashier rings up food in a checkout line at a Publix grocery store in Miami, Florida.
Tech Insider : Economy
A customer at a Walmart checkout line
Tech Insider : Economy, Politics
Dragon hoarding
Anyone who has bought a carton of eggs or a tank of gas has felt the sting of inflation. The data is increasingly pointing to one culprit for all these price hikes: corporate greed.

It's becoming clear that corporate greed is screwing over the US economy

Tech Insider

Happy Friday, team. I'm Phil Rosen. This week we've seen a storm of economic data in the US. 

The alphabet soup of readings — CPI, PPI, and jobless claims — all point to cooling inflation and a softening labor market. 

In theory, that's good news for the Fed, because it suggests its policy is working.