As inflation soars, black Americans are bearing the brunt of rising food, gas, and home prices

Johnson said she’s been trying to save money by cooking more at home and packing her husband’s lunches instead of eating out at restaurants. The Metro Atlanta couple put off buying a home after seeing a surge in home prices over the past year. Elementary school teacher Johnson also worries about being able to afford … Read more

People’s inflation expectations are rising – and will be difficult to dampen

Cconsumer prices in the rich world are increasing by more than 9% each year, the highest rate since the 1980s. Disturbingly, there are increasing signs that the public is beginning to expect persistently high inflation. Figures suggesting that Americans’ medium-term inflation expectations had risen helped fuel last week’s market turmoil, which culminated in a three-quarters-of-a-point … Read more

Gasoline prices are rising, so it’s a good thing that so many vehicles are covertly hybrids

For automakers, that’s often part of the point. Electric vehicle sales continue to grow each year, and more and more companies are announcing plans to phase out gasoline engines altogether. But high fuel costs and the relatively high prices of all-electric cars means that hybrids can still help drivers save money. And customers buy hybrids … Read more

Gasoline prices are rising, so it’s a good thing that so many vehicles are covertly hybrids

For automakers, that’s often part of the point. Electric vehicle sales continue to grow each year, and more and more companies are announcing plans to phase out gasoline engines altogether. But high fuel costs and the relatively high prices of all-electric cars means that hybrids can still help drivers save money. And customers buy hybrids … Read more

These are some of the ways Americans are adjusting to rising inflation

A customer shops at a grocery store in San Rafael, California on June 8. Inflation has risen to its highest level in almost 40 years, and Americans are having to adjust some of their spending habits. Justin Sullivan/Getty Images Hide caption toggle caption Justin Sullivan/Getty Images A customer shops at a grocery store in San … Read more