Little girl reading terror stories to her brother and a skeleton. getty With memories of the ‘ghosts of Halloween past’ that include figuring out how to Trick or Treat safely amid a global pandemic, 2...
Tag: Inflation
Is Australia Adopting Crypto Besides High Inflation?
As per the recent report, the annual inflation rate in Australia rose to 7.3% in the third quarter (Q3) of this year from 6.1% in the second quarter (Q2.) Additionally, the IRCI report showed that 28....
Key Inflation Measure Accelerates Ahead of Next Fed Meeting
Consumer prices and wages are still climbing rapidly, new economic data released Friday shows, bolstering expectations that the Federal Reserve will press ahead in its campaign of interest rate hikes ...
The employee contribution limit for 401(k)s will now jump to $22,500 for 2023 — the largest-ever hike due to inflation. Here’s how that really helps your retirement goals
The employee contribution limit for 401(k)s will now jump to $22,500 for 2023 — the largest-ever hike due to inflation. Here’s how that really helps your retirement goals Big earners who are big...
This Bond Can Help Your Money Fight Against Inflation
Investment grade corporate bonds Amid market turmoil, every investor is looking for ways to protect his or her portfolio. According to research from AllianceBernstein, investment-grade corporate bonds...
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats – Economics Bitcoin News
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct....
Australians Embrace Crypto Amid Record Inflation Numbers: Report
Australia’s inflation hit 7.3%, which is the highest rate in 32 years. Considering the soaring prices of real estate and gas, analysts expect this figure to surge even more before the year’s end. To p...
Inflation Is Getting Less Scary
Federal Reserve Board Chairman Jerome Powell laughing (Photo by Win McNamee/Getty Images) Getty Images The Federal Reserve’s speedy interest rate raising is taking effect – in business and...
Another jumbo Fed rate hike is expected next week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting next week. A hike of three-quarters of a perce...
This top 1% guru just warned of a possible 25% market plunge — and says the Fed won’t tame inflation before something ‘goes haywire.’ But he still loves 1 specific sector
This top 1% guru just warned of a possible 25% market plunge — and says the Fed won’t tame inflation before something ‘goes haywire.’ But he still loves 1 specific sector Despite the...
TreasuryDirect crashes as investors try to beat key I bond deadline
Shapecharge | E+ | Getty Images Investors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-high interest rate before a key deadline. I bonds ha...
Here Are The Companies That Have Profited The Most During Inflation
Getty Images When it comes to inflation, there’s no shortage of blame to go around. First, the pandemic broke the global supply chain. Then stimulus payments set off a frenzy of consumer spending at...
Why A Strong Dollar Is Not As Good As You Think
A strong dollar sounds great. Here is where it is not so great for U.S. companies and investors. getty To most people, a strong currency means a strong country. Weak countries have weak currencies. St...
Why Consumers May Be in Better Shape Than We Think
Why Consumers May Be in Better Shape Than We Think getty Economists’ expectations for a downturn in the next year are so high that the recent good news — the economy grew at a 2.6% annual rate in the ...
Despite Outcries About Inflation, Major Arms Makers Are Doing Just Fine
The recent round of earnings calls by America’s largest weapons contractors demonstrates that the firms are doing just fine despite the challenges posed by inflation and supply chain issues. This fina...
PCE Inflation September 2022:
Halloween candy is for sale at a Harris Teeter grocery store on October 17, 2022 in Washington, DC. Drew Angerer | Getty Images An economic gauge that the Federal Reserve follows closely showed that i...
Walmart Continues Its Rapid Expansion In Healthcare, Announcing 16 New Facilities
Retail giant and household staple Walmart has proven time and again to be a relentless source of value. Having become one of the most well-known national brands over the last few decades, it has staye...
Amazon Stock Dives As Holiday Sales Outlook Clouds Q3 Profit Beat
Updated at 4:21 am EST Amazon Inc (AMZN) posted better-than-expected third quarter earnings Thursday, but forecast disappointing holiday sales despite adding an extra Prime shopping day event, sendi...
Powell again is facing political pressure as worries mount over the economy
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Je...
AUD/USD price forecast amid higher than expected inflation data
Overnight in Australia, traders eagerly awaited the monthly inflation data to be released. Inflation data worldwide matters because the market always tries to anticipate changes in the underlying tren...
India’s Digital Health Ecosystem Is An Unparalleled Opportunity
The Indian healthcare system is a remarkable phenomenon in many ways. Boasting one of the largest social health programs in the world, in addition to incredible research and development facilities, th...
Turkish Lira and Inflation Stabilizes Despite Interest Rate Cuts, Why? – Trustnodes
The Turkish Lira crashed from 8 in September 2021 to 18 TRY per dollar. A dive to 10 made it bounce to 14, and since then it has gradually fallen but has recently become somewhat stable at 18.5. Infla...
Embattled Markets Revive Bitcoin Inflation Hedge Argument
Growing economic instability, especially in the United Kingdom, has seen investors swarming back to Bitcoin as an inflation hedge. Britain’s former Prime Minister Liz Truss unveiled her economic agend...
You must buy Series I bonds by Oct. 28 to get 9.62% annual interest
Insta_photos | Istock | Getty Images If you’re eager to secure 9.62% annual interest for Series I bonds for six months, the deadline is quickly approaching. You must purchase I bonds and receive...
How bad could it get for your 401(k)?
Probably the best argument for investing some more of our 401(k)s in the stock market right now is all the people telling us not to. As a general rule, it’s been a good time to be bullish when so many...
Mike Novogratz Tells the Fed to Let Inflation Be; Could Help BTC
Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exc...
Understanding The Producer Price Index And Consumer Price Index As An Investor
| Getty Images Key Takeaways The PPI measures the change in selling prices received by domestic vendors and represents the cost of producing goods. The CPI measures the change in prices consumers pay ...
What Are Flatcoins and Are They a Better Inflation Hedge?
The NUON flatcoin is pegged to the value of $1 on July 1, 2022 — worth $2.04 as of Monday “We’re trying to blend the best of both worlds where we take the user experience from the stablecoin market an...
Why I don’t want I-bonds
There’s been such a rush to buy “I-bonds,” inflation-protected bonds from the U.S. government, that the TreasuryDirect website crashed. I-bonds have been one of the hottest investments of the year. Pe...