#purchasing power

2 stories

#federal reserve #inflation #august 2026 #business #cash management #certificates of deposit #commerce department #consumer spending #finance #financial planning #fixed annuities #gdp growth

US retail sales surge despite inflation worries
Strong August spending shows consumer resilience, but rising import prices and wage pressures threaten the recovery.
Yahoo Finance · 1m
Your savings account is losing to inflation
Inflation is eroding purchasing power faster than savings accounts can keep up. Here's where financial advisors are moving their cash instead.
Yahoo Finance · 3m