NRF Predicts Record Mother’s Day Spending

NRF Predicts Record Mother’s Day Spending

Mother’s Day spending is expected to reach $33.5 billion this year, the second highest in the history of the survey, following last year’s record $35.7 billion, according to the annual consumer survey released by the National Retail Federation and Prosper Insights...
Inflation Hits Highest Point in 40 Years

Inflation Hits Highest Point in 40 Years

The inflation rate topped 9.1% in June, the highest percentage since 1981, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index was up 1.3% in June on top of the 1.0% increase in May. The energy index was up 7.5%, contributing to nearly half of...