Last year inflation took a giant leap as consumer prices rose in many prominent United States metropolitan areas. However, Atlanta has seen the highest inflation rates on goods and services, increasing around 9.8 percent since 2021.

Rising prices, known as inflation, typically increase year after year to somewhere around 2%. According to the United States Bureau of Labor Statistics, food prices have increased by 4.6% over the past 12 months.

Bitcoin’s price surged to an all-time high of $66,974 on Wednesday, October 20, 2021. Many speculate the price increase was due to Bitcoin’s futures ETF, BITO, debuting on the New York Stock Exchange.

Since 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.

Inflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.

Publicly traded companies on the stock market are identified by their stock ticker symbol, which is a unique set of letters, numbers, or both. Stock tickers are an identifier of the stock name itself.