The soaring costs of basic necessities such as food and housing are disproportionately hitting people with lower incomes. Here, a house is available for rent in Los Angeles on March 15. Mario Tama/Getty Images hide caption toggle caption Mario Tama/Getty Images The soaring costs of basic necessities such as food and housing are disproportionately hitting […]
Category: Economy
PINGGU, China — From village to village, the wheat crops in China have been inconsistent this season. One field on the flat plains east of Beijing was patchy, with knee-high emerald stalks in some spots while almost bald elsewhere, damaged by the torrential rains of last autumn. The next village over, a luxurious wheat crop […]
Lane Generational founder and managing partner Fred Lane says the Biden administration is trying to compete against the American consumer. The state of the market is sending “clear” signals that the US is going into recession, former Raymond James Vice Chairman and Lane Generational founder and managing partner Fred Lane warned on “Mornings with Maria” […]
WTI Crude Oil Technical Analysis The West Texas Intermediate Crude Oil market has stabilized during the trading session on Tuesday, after initially dipping below the 50 Day EMA. The 50 Day EMA of course is an indicator that a lot of people pay close attention to, and therefore it looks to me as if there […]
Stocks and crypto aren’t the only things getting walloped. Billions worth of bonds from Fortune 500 companies deemed nearly bulletproof from default also have been tagged in a yard sale for financial assets, as the Federal Reserve works to raise rates and cool inflation at the highest in four decades. The dollar price of the […]
Former DC Democratic Party Chairman Scott Bolden and Gianno Caldwell, Fox News political analyst, weigh in after Biden’s speech on America’s inflation problem. Has inflation peaked? That’s the question at the top of most economists’ minds ahead of the newest inflation data out this week, which is widely expected to show that consumer prices moderated […]
Emine Dzhaparova, Ukaine’s Foreign Affairs First Deputy Minister, joins ‘Varney & Co.’ to weigh in on Europe’s reluctance to ban Russian gas and oil. Oil traded higher Wednesday morning, summarizing an upward move following a 9% drop over the previous two sessions. Supply concerns remain at the crux of the trade as the European Union […]
TERRE HAUTE, Ind. (WTHI) – While inflation is hurting many of you at home, it is also making it much harder for businesses across the Wabash Valley. Grand Traverse Pie Company in Terre Haute has been open for about 15 years. General Manager Stephen Huddleston said he has not seen an economic situation like this […]
Andrew Thrasher and Kevin Paffrath provide insight on the state of the stock market on ‘Making Money.’ US equity futures were trading higher Wednesday morning ahead of the release of a key report on inflation. The major futures indices suggest a gain of 0.7% when trading begins on Wall Street. GET FOX BUSINESS ON THE […]
READING, Pa.—Emily Mascitis has one of the most important jobs you never knew existed. As Americans’ monthly bills climb at the fastest rate in four decades, it is Ms. Mascitis’s work that confirms the $9 you just paid for a 4-pound bag of clementines isn’t an anomaly. Newsletter Sign-up The 10-Point. A personal, guided tour […]