San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, July 16, 2019. Ann Saphir | Reuters The Federal Reserve should be measured i...
Tag: Prices
Biden’s Empty Promise To ‘Work Like The Devil’ On Gas Prices
President Joe Biden departs, followed by German Chancellor Olaf Scholz after a news conference in … [+] the East Room of the White House, Monday, Feb. 7, 2022, in Washington. (AP Photo/Alex Bran...
ETH Falls Below $3,000 to Start the Weekend – Markets and Prices Bitcoin News
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower, giving up some of this week’s gains in the process. Bitcoin Foll...
Bitcoin, Stock Prices Fall as Russia-Ukraine Tensions and Inflation Spook Markets
Cryptocurrency markets dropped late Friday—along with U.S. stocks—as investors dumped riskier assets amid fears Russia could invade Ukraine. Bitcoin, the largest cryptocurrency by market cap, was down...
Dow Plunges Over 400 Points, Oil Prices Surge Amid Fears That Russia Will Soon Invade Ukraine
Topline Markets plunged Friday after the White House said Russia could invade Ukraine “any day now,” including during this month’s Winter Olympics, a prospect which led panicked investors to dump stoc...
The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed P...
Silver Prices Whipsaw as Inflation Hits a 40-year High
Silver prices remained in a range on Thursday, whipsawing in the wake of the hotter than expected CPI report. The 10-year yield surged higher along with the front end of the curve, following the highe...
U.S. inflation data like a ‘punch in the stomach’ for the Fed: Citi
The latest U.S. January inflation data came in like a “punch in the stomach” for the Federal Reserve, which raises the possibility for an aggressive 50 basis points rate hike in March, the...
Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030 – Markets and Prices Bitcoin News
A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030. Fintech Specia...
JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead – Markets and Prices Bitcoin News
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going for...
Soaring used vehicle prices haven’t cooled demand
Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl Hesterberg told CNBC on Thursday. Hesterberg said o...
Kellogg may raise prices again in 2022 amid ‘double digit cost inflation,’ says CEO
Kellogg is planning to raise prices and increase productivity to offset the skyrocketing inflation it’s seeing for input costs, CEO Steve Cahillane told CNBC on Thursday. “As we enter 2022...
Inflation, high gas prices contributing to financial anxiety
Gasoline prices are displayed at a Los Angeles gas station on Feb. 8, 2022. Mario Tama | Getty Images As inflation climbs to historic highs, rising gasoline and other consumer prices are among America...
Inflation eroded pay by 1.7% over the past year
People shop at a Los Angeles retail outlet on Jan. 28, 2022. FREDERIC J. BROWN | AFP | Getty Images High inflation overshadowed a big increase in wages over the past year, amounting to a nearly 2% sma...
Biden touts wage growth, slower inflation forecasts after another surge in prices
US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. (Photo by Brendan Smialow...
Coca-Cola’s Earnings Top Estimates. Sales Rise on Higher Prices.
Text size Cocacola Dreamstime Coca-Cola stock was rising after the beverage giant reported earnings that surpassed analysts’ expectations. Coca-Cola (ticker: KO ) reported an adjusted quarterly profit...
LBank Adds Chainlink Price Feeds for Secure Perpetual Futures Prices
Advertisement     We’re pleased to announce that Chainlink Price Feeds have been incorporated into the LBank Exchange, a world-class digital asset trading platform. LB...
Land grab in the Shiberse, floor prices fall, NFT house sale and more…
The team behind one of the top memecoin projects Shiba Inu (SHIB) is rolling out tokenized real estate dubbed “Shiba Lands” as part of its upcoming metaverse project. Shiba’s upcoming metaverse is yet...
Ford, GM are cracking down on dealers for inflating prices — Quartz
The average price of a new car in the US is higher than ever before, and some of the biggest automakers are starting to blame the dealerships that sell their vehicles. At Ford, for example, the averag...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March – Markets and Prices Bitcoin News
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly pred...
Switzerland’s Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency – Markets and Prices Bitcoin News
Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cry...
NFT prices misfire as OpenSea daily active user volume drops 30% in a week
While it seems OpenSea is keeping pace with January’s total volume of $5 billion by generating over $1.3 billion in total volume the last 7 days, the number of active users has decreased by more than ...
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion – Markets and Prices Bitcoin News
A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypto and blockchain space grew 5.5 times the previous year to more than a record $30 billion in 2021. KPMG ...
Alcohol Industry Needs Serious Reform To Boost Competition, Lower Prices: Treasury Report
Topline With the Biden administration looking to fight consolidation in industries from meatpacking to shipping, a new report from the Treasury Department on Wednesday zeroed in on the $250 billion (a...
LBank Exchange integrates Chainlink price feeds for secure Perpetual Futures prices
We’re excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBa...
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...
Stock futures gain slightly with more big earnings ahead
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures ...
Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K – Markets and Prices Bitcoin News
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strate...
Can Whistleblowing On Meatpackers Curb Retail Prices? Stay Tuned
Today, meat production has consolidated to fewer players. Just four major meatpackers – Tyson, … [+] Cargill, JBS S.A. and Marfrig Global Foods S.A. (through National Beef Packing Co.) – control...
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...
Why Rising Prices Haven’t Stopped Shortages
Shelves are empty at a supermarket. (Photo by Jeremy Hogan/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Demand above supply is causing shortages, but Economics st...