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Economy

“Rising Prices and Wage Increases Will Normalize The US Economy”

“EDITOR’S NOTE: Market Watch explains why inflation is happening and how it will push the economy back closer to its pre-pandemic “normal” state. “Inflation is always caused by too much money chasing too few goods,” and the abundance of money… Continue Reading…

Stocks

“Top Oil Stocks To Watch In U.S. Shale As Profits Return Amid Rising Crude Demand”

“After series of takeover deals that reshuffling some shale oil stocks, Pioneer Natural Resources (PXD) now reigns as the top producer in the Permian Basin and is boosting returns to shareholders… Exxon Mobil (XOM) is the world’s largest publicly traded oil company by… Continue Reading…

Stocks

“PubMatic stock opens 26% above IPO price, and keeps rising”

“PubMatic Inc.’s soared out of the gate Wednesday, as the stock opened 25.6% above the initial public offering price. The IPO priced late Tuesday at $20 a share, above the previously expected range of $16 and $18 a share. The… Continue Reading…

Economy

“US grocery costs jump the most in 46 years, led by rising prices for meat and eggs”

“Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food… The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April,… Continue Reading…