Economy - /contrib/economy

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What Americans face now as the Fed raises interest rates...
The U.S. Federal Reserve's big interest rate hike on Wednesday -- and the expectation of more to come -- is aimed at bringing down 40-year high inflation topping 8% on an annual basis in recent months.
By Anonymous Submission on 2022-06-15 18:25 UTC
May retail sales unexpectedly decline as consumers confront sizzling hot inflation...
Retail sales unexpectedly dropped in May as consumers -- confronted with the hottest inflation since 1981 -- pulled back on spending.
By Anonymous Submission on 2022-06-15 12:46 UTC
Inflation puts pressure on Powell: What to know this week...
Markets face another half-point rate hike this week and the prospect of sharper increases ahead when the Federal Reserve concludes its two-day policy-setting meeting Wednesday.
By Anonymous Submission on 2022-06-13 13:42 UTC
Inflated grocery prices and shrinking package sizes. The cost of food is rising at fastest pace since 1979...
Americans are suffering sticker shock every time they go to the grocery store: They're coping with the biggest increase in food prices since 1979 — not to...
By Anonymous Submission on 2022-06-10 15:45 UTC
Inflation hits 40-year high as CPI rises 8.6% in May...
Inflation accelerated in May as U.S. consumers grapple with a surge in prices for gas, food, and shelter, data showed Friday.
By Anonymous Submission on 2022-06-10 15:43 UTC
Inflation: Here's how much grocery prices soared in May...
Inflation in the U.S. hit a fresh 40-year high in May, with Americans paying significantly more money in a category crucial for their survival — food.
By Anonymous Submission on 2022-06-10 15:41 UTC
'I Was Wrong': Biden's Treasury Sec Admits She Bungled Inflation Prediction...
'I think I was wrong then about the path that inflation would take'
By Anonymous Submission on 2022-06-01 19:30 UTC
JPMorgan predicts $6 gasoline by the end of the summer...
The national average for a gallon of gas is at a record $4.59 per gallon, and it could be about to hit $6, according to JPMorgan.
By Anonymous Submission on 2022-05-20 18:08 UTC
Democrat elites have brought economic havoc with Modern Monetary Theory...
As with various radical academic "theories" going against common sense, Democrats have almost broken the U.S. economy with runaway inflation associated with MMT. The more money put into circulation the higher inflation will rise; it's not rock
By Anonymous Submission on 2022-05-19 15:18 UTC
Gas prices surpass $4 in every state for the first time in history...
Drivers nationwide can expect the highest gas prices the country has ever recorded, with average prices surpassing $4 in all 50 states and Washington, D.C., for the first time.
By Anonymous Submission on 2022-05-18 21:03 UTC
$6 Per Gallon Could Soon Become A Reality As Gas Prices Continue To Soar...
Gas prices just continue to rise, shooting up again overnight to another new record national average of $4.567 per gallon.
By Anonymous Submission on 2022-05-18 21:03 UTC
Gas Prices Race Past $4 a Gallon in Every US State. How High Could They Go?...
The nationwide average is more than $4.50 a gallon.
By Anonymous Submission on 2022-05-18 16:41 UTC
Dow Falls 800 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures...
Submitted to Category: /contrib/business/, /contrib/economy
Stocks tanked as investors worried about inflation's impact on consumer spending.
By Anonymous Submission on 2022-05-18 16:40 UTC
Cramer rips Target for blindsiding investors. Turns out it did even worse than Walmart...
Jim Cramer says the retailers should have preannounced the bad news.
By Anonymous Submission on 2022-05-18 16:39 UTC
Target shares headed for worst day since crash of 1987...
Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe selloff since the Black Monday market crash of 1987. Profits fo...
By Anonymous Submission on 2022-05-18 16:39 UTC
Fed Should Hike to 5% or Higher to Curb Inflation, Dudley Says...
(Bloomberg) -- Former Federal Reserve Bank of New York President Bill Dudley said the U.S. central bank should stop sugarcoating its message on how high interest rates need to go -- and how much pain that will cause -- to get inflation under control.Most Read from BloombergDont Bother Paying Off
By Anonymous Submission on 2022-05-12 00:25 UTC
Fed's Bullard backs plan to hike rates by 50 basis points at each of next two meetings...
St Louis Fed President James Bullard on Wednesday said he supports a plan for the central bank to hike rates by 50 basis points in June and July.
By Anonymous Submission on 2022-05-12 00:22 UTC
Biden critics trend 'My 401k' after stock market continues to crash and burn...
Critics of President Joe Biden had "My 401k" trending nationally on Twitter after the stock market continued to crash and burn on Monday. The Dow Jones industrial index closed down nearly 2% on Monday with 11.86% down so far this year, while the N
By Anonymous Submission on 2022-05-10 01:19 UTC
The fertilizer crisis is getting worse...
Data: International Food Policy Research Institute , NPK prices; Chart: Axios Visuals The rolling crises of the past few years rendered visible so many vital commodities that plenty of us never gave much thought — nickel, silicon chips, lumber . The
By Anonymous Submission on 2022-05-06 15:50 UTC
Is now a good time to buy a home? The majority of Americans don't think so — Gallup says it's the first time over 50% of people said no...
Americans still view real estate as an attractive investment, but rising prices are creating major barriers.
By Anonymous Submission on 2022-05-05 15:53 UTC

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