Economy, Energy

“US import prices unexpectedly fall in March on cheaper energy goods”

“U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, but the trend is unlikely to be sustained amid an escalation in trade tensions. Import prices dipped 0.1% last month after a downwardly revised 0.2%… Continue Reading…

Economy

Inflation Is Down, Energy Prices Are down, & Egg Prices Are Down

“February Inflation Cooled And Egg Prices Dropped In March … Egg prices, which soared nearly 60% from February a year ago and rose 12.5% in January, dropped sharply in March from over $8 a dozen at the beginning of the… Continue Reading…

Economy

LIES EXPOSED! Egg Prices And New Data

“Egg prices soar 59% year over year while other breakfast foods also outpace inflation According to key data from the Bureau of Labor Statistics, the cost of eggs rose 58.8% year over year in February. Prices are up 12.5% month over… Continue Reading…

Economy

“Agriculture secretary will ‘do something’ about egg prices: Trump”

“…“She’s going to do something with the eggs,” Trump said. “We inherited all the problems.” Trump made the comments on Friday. Egg prices have nearly doubled in the last six weeks, with the average cost of a dozen cracking $8… Continue Reading…

Economy

“Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike”

“…Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. Consumers aren’t cutting back enough to… Continue Reading…

Economy, Real Estate

“Buyers catch a break: Home prices just fell the most in 2 years”

“Home prices are being cut at the fastest pace in two years. The share of home listings that saw a price cut rose to 18.9% in July, up 3.4% from last year. Demand is cooling as buyers wait for mortgage… Continue Reading…

Business

“Target lowering prices on 5,000 items in bid to lure more shoppers”

“Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said on Monday, as it looks to attract budget-stretched customers. Still-high food prices and borrowing costs have… Continue Reading…

Economy

“Grocery prices fall for first time in a year”

“Grocery prices fell on the whole in April for the first time in 12 months, according to data released Wednesday by the Labor Department. Prices for food at home fell 0.2 percent in April, according to the Labor Department’s consumer… Continue Reading…

Business, Economy

“Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading”

“Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere in the country have residential real estate prices fallen further… Continue Reading…