(The Center Square) – The federal government released more data Tuesday that showed rising inflation, alarming economists and casting more doubt on hopes of a post-COVID economic boom.
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Prices are rising rapidly in every corner of the economy as it emerges from the pandemic. But some areas are bucking that trend.
Consumer prices roared higher last month, rising at their fastest pace in decades.
From lumber and steel to paint and burrito bowls at Chipotle, prices are rising almost everywhere you look. That's putting investors on high alert.
Though bitcoin and other cryptocurrencies are the talk of the moment, the good old US dollar still reigns as the world's reserve currency. But…
People are paying higher prices for everything from diapers to gas. One discount chain says that's great for its business.
Investors worried about rising inflation should keep an eye on what's happening at the pump.