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Inflation

Tesla hikes car prices in the U.S., China after CEO Elon Musk warns of inflation pressure

by Widely-vision

Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla has hiked the prices …

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Categories Tech

Treasury Secretary Janet Yellen says Americans will likely see another year of ‘very uncomfortably high’ inflation

by Widely-vision

Treasury Secretary Janet Yellen said Thursday that Americans will likely see another year of “very uncomfortably high” inflation as Russia’s invasion of Ukraine muddles her prior forecast that price acceleration would moderate in the months …

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Categories Politics

Commodities surge could pressure RBI to normalise more quickly: Report – Times of India

by Widely-vision

MUMBAI: The Reserve Bank of India may feel pressure to tackle inflation sooner than it expected following a surge in global commodity prices, sovereign ratings analyst Andrew Wood of S&P Global Ratings said on Thursday. …

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Categories Bussiness

Gas prices continue to surge with biggest jump since Hurricane Katrina | CNN Business

by Widely-vision

New York CNN Business —   US gas prices jumped another 8 cents a gallon in Saturday’s reading, a bit slower than Friday’s 11-cent increase but still faster than any other spike in prices since …

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Categories Most read

Obama Treasury Secretary Lew urges Senate to confirm Fed nominees amid Ukraine crisis, inflation

by Widely-vision

Former Treasury Secretary Jack Lew. Heidi Gutman | CNBC Former Treasury Secretary Jacob Lew urged Senate leaders to confirm President Joe Biden’s nominees to the Federal Reserve as soon as possible to help contain added …

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Categories Politics

This key measure of inflation climbed at the fastest pace since 1982 last month | CNN Business

by Widely-vision

New York CNN Enterprise —   Yet one more key measure of inflation ticked greater at the beginning of the yr, rising at its quickest tempo in practically 40 years. The worth index monitoring shopper …

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Categories World

Food and drink prices are going up. CEOs say consumers aren’t changing their shopping behavior yet

by Widely-vision

A buyer outlets at at a grocery retailer on February 10, 2022 in Miami, Florida. The Labor Division introduced that client costs jumped 7.5% final month in contrast with 12 months earlier, the steepest year-over-year …

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Categories Bussiness

The market has adjusted its views of how the Federal Reserve will raise interest rates

by Widely-vision

The Federal Reserve constructing is seen earlier than the Federal Reserve board is predicted to sign plans to lift rates of interest in March because it focuses on combating inflation in Washington, January 26, 2022. …

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Categories World

German Chancellor rejects calls to sanction Russia now — argues the West should keep Putin guessing

by Widely-vision

German Chancellor Olaf Scholz on Saturday rejected calls from Ukraine’s president to sanction Russia now, saying that Moscow shouldn’t be positive “precisely” how the West will reply to a possible invasion. Talking to CNBC’s Hadley …

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Categories World

‘Reflation’ trades are starting to work again. Here’s where the money’s going

by Widely-vision

“Reflation” trades are resurfacing. Journey and leisure shares have picked up steam this month, with exchange-traded funds corresponding to Invesco’s Dynamic Leisure and Entertainment ETF (PEJ), the U.S. Global Jets ETF (JETS) and AdvisorShares’ Hotel …

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Categories World
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