Inflation increased 0.4% in September, more than expected despite rate hikes

October 13, 2022

Prices consumers pay for a wide variety of goods and services rose more than expected in September as inflation pressures continued to weigh on the U.S. economy.

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Mortgage rates hit 20-year high

After taking a breather last week, mortgage rates rose again – moving even closer to 7%.

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Grocery chains Kroger, Albertsons in talks for possible merger: report

Shares of Albertsons Companies jumped Thursday following a report that it could merge with rival Kroger.

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