August 10, 2022
“Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, prices were… Continue Reading…
July 8, 2022
“The night before a political bombshell had dropped: the economy minister, Martin Guzman, had suddenly resigned. And Argentines, long accustomed to financial chaos, knew the current crisis was about to get a lot worse. So before the peso could plunge… Continue Reading…
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…
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…
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…
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…
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…
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…
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…
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…
Recent Comments