AFP via Getty Images Key takeaways August’s Consumer Price Index (CPI) data was released early Tuesday morning, finding that headline inflation has increased 0.1% in August and core inflation has clim...
Tag: Cooling
Once-Hyped IPO Dropped Amid Cooling Market
Topline Yogurt giant Chobani scrapped plans to go public, the company revealed in a Securities and Exchange Commission filing Friday, giving up on an initial public offering once reportedly valued at ...
Ark Invest says the crypto bear trend is cooling down
An analyst with the Ark Invest investment management company, Frank Downing, has said that Ethereum could start gaining bullish momentum as the cryptocurrency market shifts towards a risk-on environme...
‘It’s a remarkably uncertain time’: Redfin CEO warns of rapidly cooling housing market — says deals under contract are being cancelled
After a stellar two-year run, the housing market is sputtering as buyers pull back sharply. One real-estate chief said the market is indeed course-correcting, and it’s getting hard to make a deal as m...
Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling
Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24...
Bitcoin, Ethereum Skyrockets As CPI Data Shows Cooling Economy
U.S. Bureau of Labor Statistics issued the most awaited Consumer Price Index (CPI) data for the month of July. The positive CPI data has left the biggest crypto green. Bitcoin (BTC) and Ethereum (EHT)...
July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’ – Economics Bitcoin News
After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in ...
Inflation Is Cooling, but Rally in Crypto, Stocks May Not Last
CPI numbers come in lower than expected, showing easing inflation Food prices remained elevated while gas and energy prices have fallen The days of rapidly increasing prices may be in the US economy’s...
Mortgage rates finally sink back below 5% — and home prices are cooling off too amid a market ‘reset’
Mortgage rates finally sink back below 5% — and home prices are cooling off too amid a market ‘reset’ U.S. mortgage rates are tumbling even after the Federal Reserve hiked its benchmark in...
At Big Ass Fans, Cooling Cows Led To Keeping People Comfy
The biggest moneymaker for Big Ass Fans: cooling for industrial spaces. Image courtesy Big Ass Fans Where it started: cooling big spaces in tough environments Big Ass Fans has a name that’s rather sel...
Jobless claims rise again in another sign that labor market is cooling
A man walks past a “Now Hiring” sign in New York City on July 8, 2022. Angela Weiss | AFP | Getty Images Initial jobless claims hit their highest level since mid-November last week, the la...
Stocks Open in the Green Amid Earnings Season, Housing Market Shows Signs of Cooling Down » NullTX
Despite rumors of the Fed potentially increasing interest rates by 100 basis points next week, the U.S. stock market opened in the green today, with the S&P 500 increasing by 30 points and the Dow...
Nvidia Sees Crypto Mining Demand Cooling, Semiconductor Companies Slash Earnings Forecasts
The crypto bear market and declining demand for crypto mining chips have caused semiconductor companies to batten down the hatches. Bank of America analysts say that semiconductor downturns happen eve...
How to save money on summer cooling bills as energy prices rise
A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Tips for efficient en...
Home Prices Finally Cooling Off? Market Slows In April But Demand Remains High Despite Rising Mortgage Rates
Topline Home prices, which have been shooting up since last year, grew at a slower pace in April, showing signs of a potential cool down in the red-hot housing market, according to new data from S&...
Stock Market Climbs As Economic Data Shows Slowing Economy, Cooling Prices; Powell Set To Speak Again
The stock market rose in early trading, with all eyes on Fed Chairman Jerome Powell’s second day of testimony in Congress. X The Nasdaq composite, S&P 500 and Dow Jones Industrial Average al...
Lennar Starts Cutting Prices in Cooling US Housing Market
(Bloomberg) — Lennar Corp. has started trimming prices and offering buyer incentives in some areas of the US to bolster sales in a cooling housing market. Most Read from Bloomberg Rapidly rising...
Housing wealth gains record $1.2 trillion, but signs suggest market is cooling
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. Da...
the US cooling season is on
Natural gas price has bounced off Friday’s lows following the start of the US summer season. The supply/demand imbalance will likely sustain the uptrend in the new week. Fundamentals Profit-taking had...
NFT market enters turmoil; cooling stage reached
NFT sales are down as BAYC and MAYC are somewhere near 41% and 30% sales figures The decrease in exchanging pattern of NFTs demonstrates that the market is entering a bear stage The by and large NFT m...
Is Red-Hot Inflation Cooling Off? 3 Signs That Show It Is.
Text size Expectations for inflation are critical to how fast the Fed raises interest rates. Frederic J. Brown/AFP via Getty Images Good news about inflation is bubbling up even as the Federal Reserve...
3 Signs Red-Hot Inflation Is Cooling Off
Text size Expectations for inflation are critical to how fast the Fed raises interest rates. Frederic J. Brown/AFP via Getty Images Good news about inflation is bubbling up even as the Federal Reserve...
Despite A 14% Drop In Sales, Wayfair Is Prepared For The Inevitable Cooling In The Home Market
Describing the current market as entering a “softer period,” CEO Nraj Shah said, “We are seeing … [+] early signs of normalization in consumer behavior.” (Photo by Suzanne Kreiter/The Bost...
Singapore Restaurants Accepting Crypto Despite Government Cooling
The Singapore food industry is keeping the crypto flame burning even as the government toughens its stance on digital assets. Maison Ikkoki, an 80-seat restaurant in the heart of the Kampong Glam neig...
Institutional Investors Cooling on Crypto as Weekly Outflows Top $120M
Digital asset manager CoinShares broke down the numbers in its weekly digital asset fund flows report released on May 3. Capital has flown out of major crypto asset funds for four weeks in a row, and ...
Home Prices Surged to a Record as Sales Fell. What’s Cooling the Hot Housing Market.
Text size The rising cost of buying a home has weighed on buyers as mortgage rates have increased. Brandon Bell/Getty Images Existing-home sales fell in March fell as home prices climbed to their high...