New York (CNN Business) The US economy has come a long way since last year’s devastating downturn. But a return to “normal” may not be possible. The Back-to-Normal Index created by CNN Business and Moody’s Analytics stands at 93% as of June 18, a new pandemic-era high.  The index is comprised of 37 […]

[CNBC, Twenty/20] Last month, the U.S. consumer price index, a survey of a variety of goods, rose 5% compared with a year ago. The gain was a bit more than anticipated and the largest increase since the summer of 2008, according to the Labor Department. That has Wall Street buzzing about what inflation means for […]

[CNBC] Fears of inflation in the year ahead hit its highest level on record, according to a report by the Federal Reserve Bank of New York.   When inflation rises, savers may consider alternatives for stashing cash. As the economy quickly picks up steam in the wake of the Covid pandemic, Americans […]