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Tag: economy

Business

Fuel is a problem for businesses and consumers – why are prices so high

May 19, 2022 - Leave a Comment

A sign displays gasoline prices at a gas station in San Mateo County, California, on May 10, 2022. Liu Guanguan | China News Agency | Getty Images The surge in …

Fuel is a problem for businesses and consumers – why are prices so high Read More
Business

What is a bear market? Is Wall Street close now?

May 19, 2022 - Leave a Comment

NEW YORK (AP) — Investors on Wall Street need a place to hide. The stock market slide this year has brought the S&P 500 close to a so-called bear market. …

What is a bear market? Is Wall Street close now? Read More
Business

Retailers call on Visa and Mastercard to raise fees, which could worsen inflation

May 19, 2022 - Leave a Comment

Last month, two credit card companies raised some Their exchange rate, or the fee the merchant pays for each credit or debit card transaction. These so-called “swipe fees” are then …

Retailers call on Visa and Mastercard to raise fees, which could worsen inflation Read More
Business

Explainer: Why is Wall Street approaching a bear market?

May 19, 2022 - Leave a Comment

NEW YORK (AP) — Bears are rumbling on Wall Street. The stock market slide this year has brought the S&P 500 close to a so-called bear market. Rising interest rates, …

Explainer: Why is Wall Street approaching a bear market? Read More
Business

Stocks fall sharply as Target’s woes reignite inflation fears

May 19, 2022 - Leave a Comment

NEW YORK (AP) — The Dow Jones Industrial Average fell more than 1,100 points on Wednesday and the S&P 500 posted its biggest drop in nearly two years, as Target …

Stocks fall sharply as Target’s woes reignite inflation fears Read More
Business

U.S. dollar climbs as growth worries batter stocks

May 18, 2022 - Leave a Comment

Stocks slide as inflation fears lead to uncertainty UK inflation hits 9%, Canada rises to 6.8% German 2-year bond yields hit 2011 ECB rate hike highs NEW YORK, May 18 …

U.S. dollar climbs as growth worries batter stocks Read More
Business

Stocks rebound, Treasury yields rise on strong data

May 17, 2022 - Leave a Comment

Stocks rise on retail sales, China upbeat Dollar slips as risk appetite returns Crude oil falls on Fed tightening concerns Powell maintains hawkish Fed message NEW YORK, May 17 (Reuters) …

Stocks rebound, Treasury yields rise on strong data Read More
Business

Analysis: Pain in food inflation keeps emerging markets in limbo

May 17, 2022 - Leave a Comment

Food accounts for 40% of low-income countries’ CPI basket UN food price index hits record high in February and March More governments opt to roll out support measures Rising food, …

Analysis: Pain in food inflation keeps emerging markets in limbo Read More
Business

Musk and Bezos agree on who is responsible for inflation

May 17, 2022 - Leave a Comment

It’s rare for Elon Musk and Jeff Bezos to agree on things. As of May 16, the former is reportedly the richest person in the world, with an estimated wealth …

Musk and Bezos agree on who is responsible for inflation Read More
Business

Market Chaos and Calls Bitcoin Price Bottom

May 16, 2022 - Leave a Comment

Watch this video on YouTube or rumble Listen to the episode here: On this episode of the “Fed Watch” podcast, I discuss macro developments related to Bitcoin with Christian Keroles …

Market Chaos and Calls Bitcoin Price Bottom Read More

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