Inflation, Interest Rates, & Indiana Jones

Stop me if you heard this already—roughly half the population wasn’t alive last time inflation was at this level. It’s true. According to IMDb.com, Raiders of the Lost Ark was the #1 movie at the box office the last time prices were rising at a rate of 9% a year. In...

Balmy Business Books for a Sweltering Summer

There’s nothing quite like the pleasure of a good book. And with temperatures rising nearly everywhere, now is a great time to grab a frosty beverage, settle into your comfiest chair, and lose yourself in a good story. Here’s what some of America’s sharpest...

Companies Winning Despite Sour Economy

Sometimes, it’s a good idea to get a second opinion. And this may be one of those times. Government reports are telling a rather bleak story about the economy. The headlines talk about high inflation, rising interest rates, and a possible recession. But corporations...

1.02 Billion Reasons to Be Prepared

What would you do with a windfall? It’s a question I’ve read or heard a lot lately. Considering the Mega Millions jackpot has now grown to $1.02 billion, it’s safe to say most of us have thought about what it would be like to win. While winning the lottery is far from...

Unpacking the Summer Economy

In the financial world, some weeks are more important than others, and we just lived through a big one. Let’s unpack each of the four key stats: The Fed. As expected, the Fed bumped up short-term rates again at its July meeting. But the markets breathed a sigh...

The Fed’s Inflation Nowcasting Tool

Does waiting 30 days for a government report seem a bit unreasonable? After all, we live in a world of instant messages and real-time quotes. Why should we wait a whole month between updates on the Consumer Price Index to see what’s going on with inflation?...