Economy, Real Estate

“Home Prices Around the World Will Drop Soon, Economist Says. What to Expect”

“Home prices in nations such as Canada, Australia, and the U.S. are on the verge of a decline, Capital Economics’ chief economist writes. But not every country can expect price drops of the same magnitude. Rising rates aren’t weighing on… Continue Reading…

Economy, Real Estate

“Millions Of Americans Pushed Out of The Housing Market Thanks To Skyrocketing Prices”

“EDITOR’S NOTE: The prices of homes are beginning to decline as recent economic data shows that home sales are generally weakening across the country (despite a slight rise in today’s data, most likely due to a short-term relief in mortgage… Continue Reading…

Economy

“Inflation Hits July 4 Cookouts With Food Prices Up as Much as 36%”

“…Ground beef prices are up 36% from a year ago, while chicken breasts gained by a third, according to a survey from the American Farm Bureau Federation. Overall, revelers can expect to spend 17% more on food for a barbecue,… Continue Reading…

Economy

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

“…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…

Economy, Energy

“Global Inflation Skyrockets And Gas Prices Rise To Highest In History”

“EDITOR’S NOTE: In the 1970s, the average cost of gas was around 39 cents per gallon. At the time, the price was painful. It was a period of high inflation, similar to what we’re experiencing today. Yet if we were to… Continue Reading…

Energy

“Gas prices on verge of doubling since Biden’s first day in the Oval Office”

“The national average price for a gallon of gas is projected by Sunday to top $4.80, twice as much as the day President Biden took office. It is a staggering milestone that underscores both the everyday pain inflation inflicts on Americans and… Continue Reading…

Economy, Energy

“Record high Memorial Day gas prices are stinging consumers and impacting travel”

“…The national average for unleaded gasoline is now $4.599 per gallon, just below a record of $4.60. That’s also a 40% increase so far this year and well above last year’s $3.04 per gallon level, according to AAA. By the… Continue Reading…

Economy, Energy

“California’s gas average tops $6 per gallon as prices across the U.S. surge”

“California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit a record $6.021 per gallon on Tuesday,… Continue Reading…

Energy

“Gas prices jump to fresh record highs”

“The national average price for regular gasoline climbed more than four cents on Tuesday to $4.37 a gallon, according to AAA. That takes out the prior record of $4.33 set on March 11.The gas spike — prices are up 17 cents… Continue Reading…

Energy

“Soaring gas prices are forcing some Uber, Lyft drivers off the road”

“…The Consumer Price Index, which measures the prices Americans must pay for goods and services, is up 8.5% from a year ago — notching a fresh high in March. However, gas prices jumped 18.3% for the month, boosted by the war in Ukraine and… Continue Reading…