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Semiconductor industry set to boost job creation and localities

by Jonnathan Pulla Velecela | May 17, 2023 | Intel, Manufacturing

  For years, Wyatt Hajda filled medical prescriptions at a veterinary pharmacy in Scottsdale, Arizona. Eventually, at age 32, he reached the maximum hourly pay rate of $23 per hour for someone at his position. With little or no future growth prospects in his job,...

Five things to look out for the Upcoming Consumer Price Index report

by Jonnathan Pulla Velecela | May 10, 2023 | Inflation

Inflation is expected to slow, but barely in the Consumer Price Index report to be released on Wednesday at 8:30 am. Here are five things to keep an eye out for: April showers bring… more headaches for the Fed? Economists forecast inflation to rise 0.4 percent on a...

​​Inflation might crush low-income groups’ hope of buying cars

by Jonnathan Pulla Velecela | Apr 5, 2023 | Inflation

When Diego Zapata (49) decided to buy his 2022 Nissan Sentra, he didn’t expect it to be a bumpy ride. He was working 60 hours a week as a porter at a grocery store for most of last year, including the winter season, and thought buying a vehicle was not only going to...

Inflation cools down slightly in February ahead of the Fed’s meeting

by Jonnathan Pulla Velecela | Mar 21, 2023 | Inflation

Inflation slowed down slightly in February but remains stubbornly high, which could force the Federal Reserve’s hand to continue to raise interest rates to bring it down. The Consumer Price Index for February shows prices increased by 6.0 percent on a year to year...

Inflation increased in the last month, signaling more interest hikes shear

by Jonnathan Pulla Velecela | Mar 1, 2023 | Uncategorized

Consumer Price Index inflation decreased to 6.4 percent on an annual basis. Inflation continued to slow on an annual basis in January, but it picked up on a monthly basis, which could lead the Fed to raise interest rates higher than previously expected.   The...

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About Us

Welcome to Dismal Science, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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