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CPI was founded on March 30, 1989, by Charles Lewis, a former producer for ABC News and CBS News 60 Minutes. [10] [11] [12] By the late 1980s Lewis observed that fewer resources—time, money and space—were being invested in investigative reporting in the United States by established news outlets and major publications. [13]
Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
The U.S. housing bubble is one example of asset price inflation.. Asset price inflation is the economic phenomenon whereby the price of assets rise and become inflated. A common reason for higher asset prices is low interest rates. [1]
Mortgage rates appear to be dropping on popular 30-year terms as of Wednesday, March 13, 2024. The current average rate for a 30-year mortgage is 6.90% for purchase and 6.84% for refinance, down ...
LONDON/SINGAPORE (Reuters) -European shares lost ground on Wednesday, mirroring a drop in Asian stock markets, as investors cautiously awaited U.S. inflation data that is expected to put the ...
CPI International, Inc. is the holding company for Communications & Power Industries, the largest [citation needed] manufacturer and rebuilder of electron devices (primarily vacuum tubes) in the United States.
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.