Getty Images Key takeaways Supercore inflation purposefully ignores highly volatile areas of the economy, like housing, food and energy, to give a clearer picture of inflation Food inflation increased...
Tag: Inflation
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down – Bitcoin News
As investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to...
What To Expect From February’s CPI Inflation Numbers
US President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, DC, US, on … [+] Thursday, Jan. 12, 2023. US inflation continued to slow in December, adding to evidence ...
Microsoft Is Aggressively Investing In Healthcare AI
Earlier this month, healthcare artificial intelligence (AI) company Paige announced a new partnership with renowned technology giant, Microsoft. Paige describes itself as a company at the forefront of...
Stocks Mixed, Tech Earnings, Salesforce, AMD-5 Things To Know
Five things you need to know before the market opens on Monday January 23: 1. — Stock Futures Mixed As Market Eyes Tech, Dollar Slides U.S. equity futures traded mixed Monday, while the dollar e...
Experts Share Views on U.S. Inflation
Famed author of “The Price of Tomorrow,” Jeff Booth, warned that the Federal Reserve’s attempt to combat inflation with continued interest hikes could lead to a “debt deflation.” A debt deflation occu...
Dollar General Launches Health Clinics
As the world embraces recession headwinds, companies globally are exploring new avenues to create value for customers, increase revenue, and monetize their services. Healthcare, in particular, is at a...
What You Think Inflation Is, It’s Not
Inflation remains the topic du jour. The problem is that much of what the pundit class imagines inflation to be quite simply isn’t inflation. Take a recent column by the Wall Street Journal’s James Ma...
Employment Remains Strong And Inflation Is Receding In Spite Of Recession Fears
Getty Images Key takeaways: The American economy is doing well when we look at unemployment and inflation numbers. But the stock market isn’t – reminding us that the two are not the same. While there ...
This Investment Fund, Once $3.5 Billion, Was Designed To Combat Inflation. How Could It Be Losing The Battle?
Nancy Davis’ hedge against rising prices, celebrated when it launched in 2019, has yet to hit the jackpot due to freakish circumstances in the debt market. Written by Brandon Kochkodin, Forbes Staff F...
US Bond Market Flouting Inflation Looks Increasingly Vulnerable
(Bloomberg) — There’s growing concern that the bond market has written down inflation risk too far. Most Read from Bloomberg A sharp decline in yields over the past two months is mainly due to f...
Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot – Economics Bitcoin News
Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, majo...
Top economist Mohamed El-Erian sees inflation getting ‘sticky’ at 4%—and a growing chorus sees the dawn of a new world in investing
After raging to multiple four-decade highs in 2022, inflation has fallen steadily over the past six months. But now, an increasing number of economists and business leaders are worried that the trend ...
Early Q1 2023 Crypto Prices Rally On Favourable US Inflation Data ⋆ ZyCrypto
Advertisement     Thursday, January 12, 2023, saw the release of December 2022 US inflation figures by the Bureau of Labor Statistics. The Consumer Price Index (CPI) d...
Watch the Federal Reserve’s Waller speak live on the economy and interest rates
[The stream is slated to start at 1 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Governor Christopher Waller is scheduled to speak Friday at 1 p.m. ...
Somalia to Fight Inflation and Counterfeiters With New Banknotes – Africa Bitcoin News
According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank ...
Bonds say inflation has peaked, but here’s what Cathie Wood says the stock market needs to hear to stage a bona fide rally
Bullish stock investors have gotten punched in the month so far this week, after a relatively cheery kickoff to 2023 following an ugly 2022. Cathie Wood, however, has some thoughts about what might tr...
Forget inflation, Jefferies says to watch out for a ‘disinflation era’ like the early 1980s
Inflation was the most pressing concern of Americans in 2022 as prices for everything from gas to wheat soared to record highs. Year-over-year inflation, as measured by the consumer price index, hit a...
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Markets TL;DR: Recession fears up, inflation down, crypto flat & stocks drop
1. Economy The World Economic Forum is currently taking place in Davos, Switzerland. Geopolitics is front and centre, with transatlantic trade tensions taking centre stage. With inflation ...
Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer
U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...
Amid inflation, more middle-class Americans struggle to make ends meet
As inflation spiked, Americans in the middle class were particularly hard hit. For them, prices increased faster than their income, according to a September report by the Congressional Budget Office. ...
Markets fully price in quarter-point interest rate hike in February as inflation slows
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down in the pace of ...
Wholesale prices fell 0.5% in December, much more than expected; retail sales fall
Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease. The producer price index, which measures final demand p...
After Two Incredible Years, U.S. Trade Will Slow, Possibly Until 2025
Silhouettes of onshore oil and gas well in the field outdoors against blue cloudy sky getty U.S. trade growth will be slow to nonexistent for many U.S. airports, seaports and border crossings for the ...
GBP/USD rallies on higher core inflation; what comes next?
Today’s London session started with the much-awaited December UK inflation data. Central banks’ fight against inflation is one of the main themes in the financial world, so every piece of data matters...
Another Rate Hike Could Be Coming Soon And Inflation Starts To Dip
Getty Images TL;DR Inflation has gone down for the first time since April 2020—at -0.1%, it’s not exactly a massive drop, but its progress The Fed is now expected to hike interest rates by 0.25 percen...
Loonie setup ahead of Canada inflation data
The USD/CAD price drifted upwards as the market waited for the upcoming Canada consumer price index (CPI) data. It rose to a high of 1.3431, which was about 80 basis points above the lowest level in 2...
MIT & Mass General Hospital Have Developed An AI System That Can Detect Lung Cancer
Lung cancer is a devastating disease. According to the World Health Organization, lung cancer is one of the most common causes of death worldwide, accounting for nearly 2.21 million cases in 2020 alon...
China’s reopening overwhelmingly positive to tackle inflation
OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight to tackle surging inflation. “We certainly very much we...