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Economy

“Wholesale prices rose 10.8% in May, near a record annual pace”

June 14, 2022

“…The producer price index, a measure of the prices paid to producers of goods and services, rose 0.8% for the month and 10.8% over the past year. The monthly rise was in line with Dow Jones estimates and a doubling… Continue Reading…

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Energy

“OPEC+ bows to pressure and agrees to increase size of oil output hikes by 50%”

June 3, 2022

“OPEC+ will increase the size of its oil-supply hikes by about 50 per cent, bowing to months of pressure from major consumers including the U.S. to help ease the pain of high energy prices. Ministers agreed on Thursday that the… Continue Reading…

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Personal Finance

“Consumer complaints up 31% since 2018 about collection attempts for medical debt not actually owed, federal watchdog finds”

April 21, 2022

“For some consumers, medical debt they don’t even owe appears to ends up haunting them anyway. Complaints jumped 31% from 2018 to 2021 about debt collectors attempting to get consumers to fork over amounts that already were paid or otherwise… Continue Reading…

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Stocks

“Twitter shares soar more than 20% after Elon Musk takes 9% stake in social media company”

April 4, 2022

“Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for what he said was its failure to uphold the tenets of free speech. Musk owns… Continue Reading…

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Economy

“Inflation rose 7.9% in February, as food and energy costs push prices to highest in more than 40 years”

March 10, 2022

“…The consumer price index, which measures a wide-ranging basket of goods and services, increased 7.9% over the past 12 months, a fresh 40-year high for the closely followed gauge, according to the Labor Department’s Bureau of Labor Statistics… Food prices rose… Continue Reading…

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Economy

“Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982”

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…

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Economy, Energy

“Oil Market Keeps Getting Stronger as Prices Power Up to $93”

February 4, 2022

“The market’s structure is trading at its strongest level in years, indicating scarce supply. Diesel — the fuel that helps power the global economy — is also surging as a cold snap hits the U.S and demand soars. Inventories at… Continue Reading…

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Business, Economy

“Toyota remains world’s biggest car seller, widens lead on Volkswagen”

January 28, 2022

“Japan’s Toyota Motor said on Friday its vehicle sales rose by 10.1% last year, making it the world’s biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany’s Volkswagen. The carmaker said sales were 10.5… Continue Reading…

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Economy

“GDP grew at a 6.9% pace to close out 2021, stronger than expected…”

January 27, 2022

“The U.S. economy grew at a much better than expected pace to end 2021 from sizeable boosts in inventories and consumer spending and despite signs that though the acceleration likely tailed off towards the end of the year. Gross domestic… Continue Reading…

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Stocks

FARMMI Stock is rallying. I hope you listened.

December 9, 2021

Remember this? ATTENTION PENNY STOCK WATCHERS: FARMMI ON THE MOVE. Well the stock just jumped. From the time I posted it was 24 cent. Now it peaked at 27 cents so far. I’m not trying to brag here but I’m… Continue Reading…

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