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Real Estate

“Manhattan apartment sales fall 30% in June, but prices remain high”

July 6, 2022

“…New York real estate was on a tear through the early spring, with high prices and strong sales. The median sales price for the second quarter rose to a record $1.25 million, according to data from the firms Miller Samuel… Continue Reading…

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Economy, Energy

“Get Ready for Another Energy Price Spike: High Electric Bills”

May 3, 2022

“…Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, compounding inflation’s financial toll on people and businesses. The national average residential electricity rate was up 8 percent in January from a… Continue Reading…

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Economy

“Workers Are Getting Poorer As Price Inflation Reaches New Heights”

March 22, 2022

“ EDITOR’S NOTE: Eleven months ago, CPI inflation hit a “shocking” 4.2%. The Fed called it “transitory,” while Treasury Secretary (and former Fed Chair) Janet Yellen said that the CPI would drop to around 3% by the end of this… Continue Reading…

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Business, Economy

“$10 toothpaste? U.S. household goods makers face blowback on price hikes”

March 1, 2022

“…Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co (CL.N) CEO Noel Wallace said last week at an industry conference that the household goods maker sees its new Optic White Pro Series toothpaste as the type of premium product “vital” to… Continue Reading…

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Economy

“Shock gas, grocery price hikes spur states to pursue tax relief”

February 21, 2022

“Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk, and electricity. The governors of Maine and Kentucky… Continue Reading…

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Economy

“Saudi Arabia Warns Energy Transition Will Cause Oil-Price Spikes”

December 13, 2021

“Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energy prices… “We have very serious concerns that the world could run short of energy if we are… Continue Reading…

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Economy

“Here’s why groceries keep getting more expensive”

November 12, 2021

“…Food manufacturers and grocers have faced higher costs for commodities, labor, transportation and other expenses during the pandemic. Those costs have escalated in recent months, leading manufacturers to pass off some of these costs to their retail customers, who in… Continue Reading…

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Economy

“Oil Price Fundamental Daily Forecast – Unexpected Demand from Fuel Switching Put $100 Crude on Radar”

October 11, 2021

“…The U.S. benchmark crossed the psychological $80 per barrel level on Friday for the first time since November 2014, jumping more than 2% before easing into the close. Brent also rose more than 2% higher early in the session. On… Continue Reading…

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Economy

“U.S. crude oil price tops $80 a barrel, the highest since 2014”

October 8, 2021

“West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since November 2014 as demand rebounds while supply remains tight. The U.S. oil benchmark jumped more than 2% to trade as… Continue Reading…

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Precious Metals

“Lithium Jumps Again as Miners Can’t Keep Up With Battery Boom”

October 6, 2021

“Prices have more than doubled in the past year, according to a Benchmark Mineral Intelligence index of lithium carbonate and hydroxide. Demand for the materials used in electric cars and renewable-energy storage has soared and, while miners are seeking to… Continue Reading…

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