| Getty Images Key Takeaways Wholesale inflation rose 0.3% in November compared to October. Year-over-year, wholesale inflation increased by 7.4%, the slowest since May 2021. Even with the slowdown, t...
Tag: interest rate hike
Jobless Claims Fall Despite Layoffs And Inflation
| Getty Images Key Takeaways Despite constant fears of high inflation and news of layoffs, the October jobs report announced that 261,000 non-farm jobs were added. The Fed has been watching the labor ...
Is Inflation Slowing Down? Investors Are Always Look To Get Ahead Of The Fed Meeting
| Are investors jumping the gun on the Fed? Getty Images Key Takeaways The recent inflation data indicates that prices aren’t rising as quickly as they were, but they are still rising. Despite numerou...
Hong Kong Billionaire Edwin Leong Takes The Long View On Housing
Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can affo...
Stocks Jump After Federal Reserve Confirms March Interest Rate Hike To Fight Surging Inflation
Topline The stock market ticked higher on Wednesday after the Federal Reserve reassured investors that it would “soon” begin raising interest rates in March as it looks to combat a decades-high surge ...