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Half of US job switchers received big pay increase in 2022, beating inflation

A new Atlanta Fed analysis shows that workers who switched jobs in the "Great Resignation" were more likely to receive a pay increase that beat inflation.

United statesGary kaltbaumOmair sharifJohn robertsonFederal reserve bankLabor departmentInflation insightsKaltbaum capital managementClaman countdownAtlanta fed

Wholesale inflation surges 0 7% in January, more than expected as high prices persist

Inflation at the wholesale level rose faster than expected in January as stubbornly high producer prices persist, the Labor Department said Thursday.

Mike loewengartOmair sharifGary kaltbaumFederal reserveMorgan stanley global investment officeLabor departmentInflation insightsKaltbaum capital managementClaman countdownWall streetDow jones industrial averageMorgan stanley global investment

Retail sales surge 3% in January despite stubbornly high inflation

Americans continued to spend at restaurants, bars and other retail stores in January even as they confronted high inflation and rising interest rates.

Omair sharifGary kaltbaumCommerce departmentInflation insightsKaltbaum capital managementClaman countdown

California considers wealth tax for residents who leave blue state

Journalist Adam Lashinsky and Kaltbaum Capital Management's Gary Kaltbaum on whether this 'crazy' wealth tax idea will come to fruition.

United statesGary kaltbaumAdam lashinskyKaltbaum capital management

Disney divide: How Disney World caters to big spenders while working families pay the price

A new "Fancy Girl's Guide to Disney" claims the only way to enjoy Disney World is to spring for the VIP treatment. But surveys show it is lower-income families that make the trek.

United statesFrance generalWalt disney worldDan geltrudeGary kaltbaumStein chizzikMatt schulzDanielle stein chizzikKaltbaum capital managementDisney worldFancy girlTree chief analyst matt schulzDisney resort

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