385757 10: A winter sunrise surrounds an oil well in the South Cuyama Oil Field February 16, 2001, … [+] near New Cuyama, CA in Santa Barbara County. In recent months, the state Coastal Commissi...
Tag: Inflation
Health Inequities May Cost The U.S. One Trillion Dollars
Health inequity is expensive. A new report by Deloitte elucidates the details: “…health inequities account for approximately $320 billion in annual health care spending signaling an unsustainable cris...
Former CEA Chair explains how to fight inflation right now
Fiscal and monetary policies must work together for the U.S. to win the ongoing battle against inflation, says Kevin Hassett. He’s the former Chairman of the Council of Economic Advisors (CEA). ...
Dow Jones Up As Powell Issues Inflation Warning; Tesla Stock Falls Amid Closure; Apple Stock Gains
The Dow Jones Industrial Average rose despite Federal Reserve Chairman Jerome Powell issuing an inflation warning. Tesla (TSLA) stock fell following news it is closing a Silicon Valley office. Bed Bat...
How can I ‘quiet’ my portfolio? Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 14.9% yield
How can I ‘quiet’ my portfolio? Here are 3 top dividend stocks for stable cash return and inflation protection — one of them even offers an incredible 14.9% yield When high-flying growth s...
How to buy Series I savings bonds via TreasuryDirect
Eakgrunge | Istock | Getty Images There’s been record demand for federal Series I savings bonds, an inflation-protected and nearly risk-free asset, offering an eye-popping 9.62% annual return th...
Carnival Shares Plunge Nearly 15% As Morgan Stanley Warns Of Potential Stock Wipeout
Topline Cruise stocks tanked on Wednesday after yet another major Wall Street firm warned that weak demand and higher costs could sink industry profits and lead to another demand shock, with Morgan St...
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...
Powell vows to prevent inflation from taking long-run hold in the U.S.
U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. Mary F. Calvert | Reuters Federal Reserve Chairman Jer...
Watch Fed Chair Powell talk live about the economy, interest rates at ECB forum
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Wednesday to a European Central Bank ...
Maverick’ gives 2022 box office momentum, but inflation could hurt
“Top Gun: Maverick” rocketed to $1 billion at the global box office over the weekend, setting a new career milestone for star Tom Cruise and signaling some momentum for the domestic box of...
EUR/USD price forecast amid inflation reaching 10.2% in Spain
The last trading week of June is a special one for FX traders. First, the trading month ends on Thursday, and so the volatility is expected to increase during the main fixing times. Second, June’s NFP...
Jeff Bezos Says Inflation ‘Most Hurts The Least Affluent’ Which May Be Why These Assets Are Performing Better Than Ever
Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos got into a bit of a Twitter spat last month with President Joe Biden over who’s to blame for the record-high inflation. In one tweet, Bezos said,...
Dow Jones Dives As Inflation Fears Rise; This Stock Pops As Warren Buffett Raises Stake; Nike Plunges
The Dow Jones Industrial Average was down sharply in afternoon trading Tuesday amid more worries about the health of the U.S. economy. A Warren Buffett stock popped on news that Berkshire Hathaway (BR...
Dow Plunges Nearly 500 Points, Recession Fears Resume As Consumer Confidence Hits New Low
Topline Stocks fell for a second day in a row on Tuesday as markets failed to build on last week’s strong rebound from 2022 lows, with investors once again selling off shares amid looming recession fe...
Cathie Wood: I Erred On Inflation, But Recession is Here
Hotshot investor Cathie Wood, chief executive of Ark Investment Management, has said repeatedly in recent weeks that we’re headed for disinflation soon. But she acknowledges that she failed to realize...
Cathie Wood Claims Economy Already In A Recession—Warns Inflation And Inventories Pose ‘Big Problem’
Topline High-profile stock picker Cathie Wood conceded to being wrong about the duration of high inflation that’s contributed to her fund’s steep decline this year while doubling down on h...
‘we were wrong on inflation’
The U.S. economy is yet to check the technical definition of a recession, but Cathie Wood is convinced that we’re already in one. Highlights from Wood’s interview on CNBC Her thesis is partly driven f...
New York Fed President John Williams says a U.S. recession is not his base case
New York Federal Reserve President John Williams said Tuesday he expects the U.S. economy to avoid recession even as he sees the need for significantly higher interest rates to control inflation. R...
Morgan Stanley Investment Head Sees Hidden Inflation Threat In Dollars And Commodities
As investors wonder when inflation will begin to abate, Morgan Stanley CIO Lisa Shalett is looking … [+] at the relationship between dollars and commodities for the answer. Getty Images Investor...
Inflation will probably fall, but it won’t be the Fed’s doing: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, June 28, 2022 Today’s newsletter is...
Bitcoin (BTC) and Ethereum (ETH) crash as result of inflation, Chronoly (CRNO) skyrockets
‘Inflation’ is a word that is being spoke about a lot at the moment, but what does ‘inflation’ actually mean? Inflation, for economists, means too much money chasing too few goods and services but, in...
Dave Wakeman Talks Tickets
Mick Jagger performs on stage during a Rolling Stones concert. (Photo by Lynn Goldsmith/Corbis/VCG … [+] via Getty Images) Corbis/VCG via Getty Images It is time again to visit with my friend Da...
Retirees are heading back to work amid soaring inflation — here’s what you need to know
‘There is no more retirement’: Retirees are heading back to work amid soaring inflation — here’s what you need to know “Unretirement,” or the act of going back to work after retiring...
Mr. Big Short: Fed May do a 180 on Interest Rates
The Federal Reserve has raised its federal funds rate target by 150 basis points since March, and speculation now centers on how much further the Fed will go. Interest-rate futures traders see an 89% ...
Mixed inflation data might be necessary for a soft landing
CNBC’s Jim Cramer on Monday told investors that while the market remains volatile as it receives contrasting signals about the state of inflation, the seesawing could give way to a soft landing....
RBC top analyst sees comeback
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy...
Robert Kiyosaki says that hot inflation will ‘wipe out 50% of the US population’ — here’s what he means by that and how to protect yourself
Robert Kiyosaki says that hot inflation will ‘wipe out 50% of the US population’ — here’s what he means by that and how to protect yourself With price levels continuing to spike, the...
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board – Economics Bitcoin News
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Stev...
Here’s how much your Social Security check is likely to go up next year
Good news — sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The aver...