In The News 12.16.22
Retail sales for the month declined 0.6%, even worse than the Dow Jones estimate for a 0.3% drop. The number is not adjusted for inflation as gauged by the Labor Department’s consumer price index, which increased 0.1% in November, which also was below expectations. Read more.
Airfare is getting more expensive, but rent is getting cheaper. A breakdown of the CPI components. Read more.
Dow plunges in perfect storm for stocks. Dow loses 750 points and Nasdaq sheds 3%. Read more.
Share of Americans living paycheck to paycheck rises to 63% — here’s how to get your finances back on track. Read more.