(Bloomberg) — Gasoline prices in the US just saw the biggest single-day drop in more than a decade. Most Read from Bloomberg Average US pump prices fell by 3.1 cents to $4.721 a gallon overnight...
Tag: Prices
Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
Crypto and equities markets are down, and aside from the positive news of Celsius repaying all of their debt and avoiding a massive liquidation, there are few on-the-spot reasons that are prompting in...
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief finan...
Ray Dalio warns that the Fed will likely trigger something far worse than high prices. Here’s what he likes today
‘Reducing inflation will come at a great cost’: Ray Dalio warns that the Fed will likely trigger something far worse than high prices. Here’s what he likes today Some say cash is kin...
After the Biden and Bezos war of words, gas prices really are coming back down to earth
After hovering near the $5 mark for a while, the average price of gas could fall to $4 per gallon by mid-August, analysts predict. Gas prices have been retreating from their highs last month for a cou...
As prices rise nationwide, how to calculate your own inflation rate
Skynesher | E+ | Getty Images It’s likely no surprise to hear that prices have been rising across the U.S. economy, whether at the grocery store or the gas pump. But just how much have your pers...
What Do You Save With Electric Vehicles During High Gas Prices?
I often Tweet or write about the inevitability of the transition to electric vehicles (EVs). Every time I do, the inevitable (and often) angry responses are predictable: Too expensive. The infrastruct...
AVAX bullish as prices remains above $20.00
Avalanche price analysis reveals a strong bullish market sentiment as the AVAX prices remain well above the $20.00 mark. The market is facing some resistance at $20.01, however, the key support lies a...
Coinbase Economist Reveals One Major Factor That Will Drive Crypto Prices in Future
A top economist at the Coinbase Institute is revealing one factor that will likely determine the future prices of crypto assets. Cesare Fracassi, the chief economist of Coinbase’s research arm, says s...
Dogecoin Price Analysis: Bullish winds blows as the prices set to break past the $0.075
TL;DR Breakdown Dogecoin price analysis is bullish today. The DOGE/USD pair found support at $0.0507 just as anticipated in yesterday’s analysis. This is a positive development that suggests the bulls...
Toronto Home Sales Plunge 41%; Prices Drop for Fourth Month
(Bloomberg) — Toronto home prices dropped for a fourth straight month and sales tumbled as rising borrowing costs rapidly cool demand for properties in Canada’s financial capital. Most Read from...
The Sudden Surge In Gas Prices Didn’t Happen Overnight. Here’s Why.
Emily Pickrell, UH Energy Scholar HOUSTON, TEXAS – JUNE 09: A gas pump is seen at a Chevron gas station on June 09, 2022 in Houston, … [+] Texas. Gas prices are breaching record highs as d...
‘More restrictive’ policy likely if inflation fails to come down
Federal Reserve officials in June emphasized the need to fight inflation even if it meant slowing an economy that already appears on the brink of a recession, according to meeting minutes released Wed...
Oil Selloff Continues Amid Recession ‘Panic,’ But Analysts Predict Prices Will Rebound Later In 2022
Topline Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting d...
Biden Can Lower Gasoline Prices Now
On Saturday, as Americans were preparing for Independence Day celebrations, President Biden tweeted: “My message to the companies running gas stations and setting prices at the pump is simple: this is...
Gas Prices Continue To Drop—Here’s How Far They May Fall As Oil Prices Crater
Topline Gas prices fell two cents Wednesday to $4.779 per gallon, according to AAA data, down 24 cents from its highest-ever recorded level of $5.016 last month, and are on track to continue falling—t...
Home Prices Will Drop Soon, Capital Economics Says. Here’s What to Expect.
Text size Rising interest rates are expected to douse a red-hot housing market. Stefani Reynolds/AFP via Getty Images Home prices in nations such as Canada, Australia, and the U.S. are on the verge of...
Bullish winds continue blowing as prices set to break higher highs
Solana price analysis shows that the coin’s price is rising. However, it has met resistance at $36.87. There is strong support for the currency at $32.76. The price of Solana is presently trading abov...
Manhattan apartment sales fall 30% in June, prices remain high
FUTURE LIGHT | Photodisc | Getty Images Sales contracts for Manhattan apartments plunged by nearly a third in June as the city’s scorching real-estate market started to cool amid recession fears...
Oil Plunges As Recession Fears Mount: Gas Prices Set To Tumble
Updated at 4:24 pm EST Global oil prices plunged the most in several weeks Tuesday as investors pared bets on crude and commodities demand amid increasing signs of recession in the world’s bigge...
This must happen for gas prices to go below $4 a gallon
Despite West Texas intermediate crude oil futures dipping below $100 per barrel on Tuesday, serious gas price relief may be unlikely happen until motorists make adjustments by driving less. “I t...
Luxury car buyers pay more than ever as prices and loan costs rise
If you can even find a new car to buy, actually purchasing it is going to cost you. “It’s a really difficult time to buy a car,” said Jessica Caldwell, executive director of insights...
Here’s how far house prices are set to fall as rates go up, according to this forecasting firm
Stocks are veering south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain...
These Three Critical Macro-Events In July Are Set To Hamper Crypto Market Prices
The latest financial crisis that shook the crypto sector is the result of macroeconomic factors. Three forthcoming incidents, though, may give clues around how everything could perhaps progress from t...
New Zealand House Prices Drop The Most in 13 Years as Rates Rise
(Bloomberg) — New Zealand house prices fell the most in 13 years in the second quarter as the central bank raised interest rates aggressively to curb inflation. Most Read from Bloomberg Prices d...
EUR/USD Price Prediction – Flat After Producer Prices Report
Key Insights Euro Area PPI inflation was below analyst expectations in May. ECB will try to limit spreads between the bonds of the EU members, but it remains to be seen whether this financial operatio...
Decrease in demand for crypto mining rigs affected GPU prices
Data shows GPU prices have continuing to travel down recently as Ethereum mining profits are observant of a decline. Knowledge from the technical school outlet Tom’s Hardware suggests graphics cards p...
Argentina’s Minister Resignation Surged The Prices Of Stablecoins
On Saturday, July 2, 2022, The Argentinian Economy Minister, Martin Guzman, resigned from his post, and the price of dollar-pegged stablecoins surged across the exchanges. According to sources, this s...
European natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early stages of Russia’s invasion of Ukraine as proposed strikes in Norway increased fears about inadequate supply. Natu...
Bitcoin Prices Struggle Below $20,000. Why Tuesday Could Bring a Bigger Move.
Text size Bitcoin has failed to consistently breach the key $20,000 mark. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were largely unchanged on Monday, with digital assets contin...
Falling Commodity Prices Raise Hopes That Inflation Has Peaked
A slide in all manner of raw-materials prices—corn, wheat, copper and more—is stirring hopes that a significant source of inflationary pressure might be starting to ease. Natural-gas prices shot up mo...