seb_ra / iStock.com
It’s National Lazy Day, a day set aside for doing absolutely nothing, but here you are. You can also take a look at today’s biggest financial stories… then you can be lazy again. You’ve earned it.
The big upside: Inflation cooled slightly in July due to lower gas prices
Finally, inflation began to cool in July, giving analysts and investors a small sense of reassurance. The Consumer Price Index (CPI) report showed that the index for all items for the 12 months to July fell to 8.5%, driven largely by falling prices in gas
Read the full story here
Rent Spotlight: Tenant unions want Biden to declare state of emergency
A coalition of tenant unions, community organizations and legal groups is calling on the Biden administration to take more action to fight rent inflation, which they call a “national emergency.”
Read the full story here
This is interesting: eating out continues to be more expensive
Despite encouraging signs of a lower inflation rate overall and recent falls in gas prices, some indices remained elevated, such as food. The overall CPI for food increased by 10.9% over the past year. This is the biggest 12-month increase since the index period ended in May 1979.
Read the full story here
Bonus: 6 Ways to Use Your Home to Your Monetary Advantage
Home is where the heart is, but it’s also where the money is. Even as rents and mortgages rise, there are unique ways to make some extra cash with your living space.
Read the full story here
More from GOBankingRates
[ad_2]
Source link
