February 16, 2022
“…Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate. The numbers are not adjusted for inflation; the 0.6% rise in the consumer price index for the month helped push a reversal from the 2.5% sales… Continue Reading…
February 15, 2022
“…The Dow jumped about 400 points, or 1%, helped by a 3% jump in Boeing. The S&P 500 climbed 1.5% and the technology-heavy Nasdaq Composite advanced 1.9%. All three major benchmarks were down in the three prior sessions. The S&P… Continue Reading…
February 15, 2022
“WASHINGTON: Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the G20, a top World Bank official warned. As interest rates are starting to rise around the world, putting more pressure on… Continue Reading…
February 15, 2022
“Taco Bell is accelerating its growth outside the U.S., opening 25% of its international restaurants in just the last two years. The Yum Brands chain announced Tuesday that it opened its 100th restaurant in Spain. The chain said it’s on track to… Continue Reading…
February 11, 2022
“…The University of Michigan’s sentiment index dropped to 61.7, the lowest since October 2011, from 67.2 in January, data released Friday showed. The figure trailed the median estimate of 67 in a Bloomberg survey of economists. The report’s gauge of… Continue Reading…
February 11, 2022
“…Why it matters: Retailers are already reeling from the pandemic, supply chain woes and the labor shortage. Now they’re combating systematic looting by organized crime gangs — which are growing more aggressive and violent.• “It’s out of control — it is… Continue Reading…
February 10, 2022
“The average U.S. household is spending an additional $250 a month because of inflation that is rising at its fastest rate in 40 years, a new economic analysis showed. The squeeze stems from higher prices across a range of products and… Continue Reading…
February 10, 2022
“…The consumer price index for January, which measures the costs of dozens of everyday consumer goods, rose 7.5% compared with a year ago, the Labor Department reported Thursday. That compared with Dow Jones estimates of 7.2% for the closely watched… Continue Reading…
February 10, 2022
“U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield on the 10-year Treasury note jumped 6 basis points to hit a session high of 2%, the… Continue Reading…
February 8, 2022
“…The National Federation of Independent Businesses, a Tennessee-based association of small business owners, found that the net percent of owners raising average selling prices rose to 61% in January, a four-point increase from the previous month and the highest reading… Continue Reading…
Recent Comments