January 13, 2022
“Total federal tax collections in the first three months of fiscal 2022—October through December—set a record as they topped $1 trillion, hitting $1,051,873,000,000, according to the Monthly Treasury Statement released today. Prior to this year, the most the federal government had… Continue Reading…
January 13, 2022
“… The producer price index, a measure of wholesale prices for goods and services, increased 0.2% in December, below the 0.4% estimate. For all of 2021, the 9.7% gain was the biggest on record in data going back to 2010.… Continue Reading…
January 12, 2022
“…The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%. Economists surveyed by Dow Jones had been expecting the measure to… Continue Reading…
January 12, 2022
“To say investors are bullish on oil again would be an understatement. In a year that has begun with serious uncertainty—largely about the path of interest rates and tech stocks — a positive call on oil is as close to… Continue Reading…
January 13, 2022
Written By Tina Martin No matter your industry, the size of your company, or the length of time you have been in business, you can benefit from partnering with specialists who can optimize the success of each area of your… Continue Reading…
January 11, 2022
“Domino’s Pizza said it expects higher food prices to persist this year, putting pressure on the chain to cope with rising costs without alienating consumers. “We expect unprecedented increases in our food basket costs versus 2021,” CEO Ritch Allison told attendees… Continue Reading…
January 7, 2022
“EDITOR’S NOTE: Through most of 2021, mainstream economic opinion was operating under the narrative of “transitory inflation.” It was the biggest meme to go “viral” in the sphere of economic concerns. The Fed called inflation “transitory.” President Biden and his more… Continue Reading…
January 5, 2022
“…Nearly half, 46%, of the 2,050 people polled in a new MagnifyMoney survey think their current financial situation will force them to retire in debt. The survey included workers of all generations, from ages 18 to 75, not just those approaching retirement.… Continue Reading…
January 5, 2022
“…CNBC’s Jim Cramer said Wednesday he can’t recommend investors buy Chinese stocks because the communist government there is a “total wild card.” Chinese President Xi Jinping “does not like capitalism,” Cramer told “Squawk Box,” saying the leader of the world’s second-largest economy “may be the first… Continue Reading…
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