The New Yorker

John Cassidy

John Cassidy has been a staff writer at The New Yorker since 1995. He writes a regular column about economics and politics, ...

Mamdani unveils simple fix for NYC’s cost-of-living crisis: sell groceries 30% cheaper at city-run stores. Will it work?

New York City Mayor Zohran Mamdani has unveiled a remarkably straightforward solution to soaring grocery bills: sell food for ...
The Economist

South America is eradicating hunger

Hunger plummeted in the 2000s as a commodity boom lifted economic growth, allowing left-wing leaders to splurge on social programmes. In Venezuela Hugo Chávez created state-subsidised supermarkets.
The Motley Fool

Inflation Isn't Just a Trumpflation Problem Any Longer -- There's a New Culprit, and It Has Potentially Dire Implications for Wall Street

Before diving in, it's worth noting that a modest level of inflation is normal and healthy for a growing economy. In an expanding economy, businesses should possess some degree of pricing power for ...
Forbes

How To Invest During Inflation And Economic Uncertainty

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Persistent inflation above 2% continues to challenge household finances, eroding purchasing ...
Seeking Alpha

Policymakers should stop excluding food prices from core inflation for monetary policy outlook—KC Fed's Schmid

"It is time to stop excluding food prices from core inflation," said Jeffrey Schmid, president and CEO of the Federal Reserve Bank of Kansas City. "I still think this is the right approach." ...
Reuters

Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now

WASHINGTON, July 16 (Reuters) - Inflation is proving persistent across a broad range of goods and services, and remains the focus of monetary policy given a stable labor market, Kansas City Fed ...
USA Today

If inflation is 'cooling,' why are prices still so high?

But prices still rose. In fact, the 3.5% annual inflation rate for June was higher than the inflation rate in any month of 2025. Inflation is complicated. Prices can be down for the month, as they ...
NewsNation

Falling gas prices cut inflation in June, but Iran war poses problems

WASHINGTON (AP) — U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war ...
New York Post

Inflation cools to 3.5% – biggest drop since 2020 – on falling energy prices

Inflation slowed in June by its largest monthly drop since April 2020 on falling energy prices – slashing the odds the Fed will raise interest rates at its meeting this month. The Consumer Price Index ...
The Washington Post

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move

WASHINGTON — Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past,” yet he provided no signal about the central bank’s next steps. Fed policymakers ...