Economists like to criticize irrational fears in others, but state out loud the phrase “wage-price spiral,” and they’ll act as though you just drew a cartoon blaspheming the Prophet Muhammed or ...

Maite joined the AS USA in 2021, bringing her experience as a research analyst investigating illegal logging to the team. Maite’s interest in politics propelled her to pursue a degree in international ...

In this short piece Critisticuffs explain why the wage-price spiral is a false idea. At the same time, there is a reason why workers are being cautioned against demanding higher wages - higher wages ...

When inflation rates in the U.S. hit a 31-year high, as the government reported last Wednesday, another concern quickly emerged among observers: the wage-price spiral. The forces at work are clear to ...

Price inflation is at a 40-year high — 8.5% year over year, according to the March consumer price index. Wages haven’t quite been keeping pace: Average hourly earnings were up 5.6% over the same ...

This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is ...

A labor shortage that began as businesses reopened from pandemic lockdowns is helping to push up pay. The Fed is watching carefully. By Jeanna Smialek Amazon, Bank of America and Chipotle are among a ...