U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 79 points, or 0.2%. S&P 500 futures added 0.0...
Tag: Inflation
Financial anxiety is high. Why financial planners may miss the signs
The Covid-19 pandemic has made it difficult for people to answer big questions about their futures, and many financial planners are underestimating the financial anxiety that is causing, according to ...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta. Christopher Dilts | Bloomberg | Getty Images Atlanta Federal Reserve President Raphael Bostic said Wednesd...
Why the U.S. is facing a paint shortage
Demand for raw materials in the paint industry soared over the pandemic as quarantined consumers took to DIY projects and home improvement. But supply just couldn’t keep up. “The raw-mater...
‘If you’re a wage earner you’re going to fall behind’: Ex-Fed insider warns of ‘difficult few years’ due to inflation
Former Federal Reserve insider Thomas Hoenig thinks the U.S. faces a painful reckoning because of high inflation. Hoenig was a lone dissenter eight times in 2010, when the Fed voted to pursue a then-n...
Seven hikes? Fast-rising wages could cause the Fed to raise interest rates even higher this year
Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace. Average hourly earnings jumped 0.7% in January and are no...
Bank of England’s Bailey faces backlash after discouraging pay rises
Andrew Bailey, governor of the Bank of England, speaks at a press conference on the Monetary Policy Report at the Bank of England on Feb. 3, 2022 in London, England. Dan Kitwood | Getty Images News | ...
Be Careful About Changing Your Investment Plan To Adjust For Inflation
Businessman planning and analyse investment marketing data. getty If one financial term is the hot topic for 2022, it is “inflation.” Inflation worries are showing up in everything from political news...
inflation concerns surge ahead of US CPI data
Gold price is back above the critical level of $1,800 per ounce following the easing of US bond yields’ rallying. On Friday, the higher-than-expected US job numbers resulted in a rise in Treasury yiel...
Cost Of Living In The UK Surges
With the cost of living soaring, many retailers and consumers are grappling with the difficulties of … [+] price rises getty A further interest rate rise by The Bank of England this week, confir...
Investors Flock to Savings Bonds for Protection Against Inflation
As inflation rises, another low-risk investment is getting more attention: the tried-and-true Series I savings bond known as inflation or I bonds. These federally guaranteed instruments currently hav...
U.S. Inflation Is Probably About to Spike Yet Again: Eco Week
(Bloomberg) — Inflationary pressures in the U.S. continued to heat up at the start of the year, data are expected to show, likely putting a Federal Reserve interest-rate increase next month on a...
‘This is not 1980’: What investors are watching as next U.S. inflation reading looms
Investors next week will be closely watching for the latest reading on U.S. inflation, which has been running hot against the backdrop of a volatile stock market in 2022. “Inflation will be the data p...
Will Inflation Led To Unrest?
The Execution of Louis XVI in the Place de la Revolution on 21 January 1793, 1790s. Found in the … [+] collection of Musée Carnavalet, Paris. (Photo by Fine Art Images/Heritage Images/Getty Imag...
Forget About Inflation. Contrarians Expect a Recession and a Drop in Bond Yields.
“Something that everyone knows isn’t worth knowing,” as the famed financier Bernard Baruch once observed. And so I was reminded by a long discourse in the New York Times this past week on why bond yie...
66% Of Gen Z Investors Turn To Crypto As Inflation Concerns Run High ⋆ ZyCrypto
Advertisement     Getting to grips with current living costs has been a tough nut to crack, but as it would appear, inflation could still carry on to the unforeseeable...
How the Biden administration misread the inflation threat
U.S. Treasury Secretary Janet Yellen (L) and Federal Reserve Board Chairman Jerome Powell (R) testify during a hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novemb...
Long-term unemployment tumbles in January
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Long-term unemployment fell significantly in January, con...
Inflation means price jumps for dinner and roses this Valentine’s Day
Adriana Gamez restocks rose bouquets at California Flowers in downtown Los Angeles on Feb. 12, 2021. Dania Maxwell | Los Angeles Times | Getty Images They say love doesn’t cost a thing, but Vale...
Turkey Enters Galloping Inflation – Trustnodes
Inflation is galloping in Turkey, jumping to 48.69% in January from 36% in December, itself a jump from 21% in November as pictured above. That makes this the worst rate of inflation since 2004 when i...
California, Florida, and Inflation Are Sinking Solar
Text size Ethan Miller/Getty Images The solar power industry is destined to grow many times over in the coming decades, and several companies will undoubtedly become behemoths. But the current picture...
How To Find Inflation-Protected Payouts For 40% Per Year
Newspaper headline “Oil prices jump” getty As the stock market returns to Planet Earth, we contrarians will have an opportunity to cherry pick some bargains. This is a good thing for us in...
European Central Bank Keeps Interest Rates Low And Expects Inflation To Stay Elevated
While the Federal Reserve continues to threaten interest rate hikes amid rising inflation, the ECB has taken a different approach. Bank President Christine Lagarde stated they will “not rush into a de...
Inflation impacts Valentine’s Day but overspending isn’t sexy
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation. On av...
Starbucks earnings hit by inflation, rising worker costs and damp China sales
Starbucks (SBUX) posted mixed first-fiscal quarter earnings results compared to Wall Street estimates, as soaring inflation, higher worker costs and the impact of the Omicron variant took a toll on th...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Jim Cramer expects some causes of inflation ‘to get worse’ before improving
CNBC’s Jim Cramer said Tuesday he expects some of the inflationary pressures in the U.S. economy to remain at problematic levels for a little longer before relief arrives. “As I peel the l...
Inflation and the Fed: Why Wall Street Is Misdiagnosing Pandemic Economics
About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics, and the former chief economist and chief investment officer, respectively, of UBS. The Federal Reserv...