Economy - /contrib/economy

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Gas prices surpass $4 in every state for the first time in history...
Drivers nationwide can expect the highest gas prices the country has ever recorded, with average prices surpassing $4 in all 50 states and Washington, D.C., for the first time.
By Anonymous Submission on 2022-05-18 21:03 UTC
$6 Per Gallon Could Soon Become A Reality As Gas Prices Continue To Soar...
Gas prices just continue to rise, shooting up again overnight to another new record national average of $4.567 per gallon.
By Anonymous Submission on 2022-05-18 21:03 UTC
Gas Prices Race Past $4 a Gallon in Every US State. How High Could They Go?...
The nationwide average is more than $4.50 a gallon.
By Anonymous Submission on 2022-05-18 16:41 UTC
Dow Falls 800 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures...
Submitted to Category: /contrib/business/, /contrib/economy
Stocks tanked as investors worried about inflation's impact on consumer spending.
By Anonymous Submission on 2022-05-18 16:40 UTC
Cramer rips Target for blindsiding investors. Turns out it did even worse than Walmart...
Jim Cramer says the retailers should have preannounced the bad news.
By Anonymous Submission on 2022-05-18 16:39 UTC
Target shares headed for worst day since crash of 1987...
Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe selloff since the Black Monday market crash of 1987. Profits fo...
By Anonymous Submission on 2022-05-18 16:39 UTC
Fed Should Hike to 5% or Higher to Curb Inflation, Dudley Says...
(Bloomberg) -- Former Federal Reserve Bank of New York President Bill Dudley said the U.S. central bank should stop sugarcoating its message on how high interest rates need to go -- and how much pain that will cause -- to get inflation under control.Most Read from BloombergDont Bother Paying Off
By Anonymous Submission on 2022-05-12 00:25 UTC
Fed's Bullard backs plan to hike rates by 50 basis points at each of next two meetings...
St Louis Fed President James Bullard on Wednesday said he supports a plan for the central bank to hike rates by 50 basis points in June and July.
By Anonymous Submission on 2022-05-12 00:22 UTC
Biden critics trend 'My 401k' after stock market continues to crash and burn...
Critics of President Joe Biden had "My 401k" trending nationally on Twitter after the stock market continued to crash and burn on Monday. The Dow Jones industrial index closed down nearly 2% on Monday with 11.86% down so far this year, while the N
By Anonymous Submission on 2022-05-10 01:19 UTC
The fertilizer crisis is getting worse...
Data: International Food Policy Research Institute , NPK prices; Chart: Axios Visuals The rolling crises of the past few years rendered visible so many vital commodities that plenty of us never gave much thought — nickel, silicon chips, lumber . The
By Anonymous Submission on 2022-05-06 15:50 UTC
Is now a good time to buy a home? The majority of Americans don't think so — Gallup says it's the first time over 50% of people said no...
Americans still view real estate as an attractive investment, but rising prices are creating major barriers.
By Anonymous Submission on 2022-05-05 15:53 UTC
Dow plunges 1,000 points as U.S. stocks give back Fed-relief-rally gains ...
U.S. stock futures slipped Thursday, as a relief rally fuelled by Federal Reserve Jerome Powell's comments quickly ran out of steam.
By Anonymous Submission on 2022-05-05 15:53 UTC
The pandemic boom in home sales is over: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market...
The Federal Reserve is pushing mortgage rates higher, which is upending the competitive housing market.
By Anonymous Submission on 2022-05-05 15:49 UTC
Home Market Stumbles Again: Mortgage Applications Drop...
Mortgage applications fell 8.3% last week from a week earlier, hitting the lowest level in more than three years.
By Anonymous Submission on 2022-04-28 00:50 UTC
Economic data hasn't just been strong — they're exceeding expectations...
People have been concerned about the possibility that the economy could soon go into recession. Indeed, "recession" has been a trending topic, according to Google Search data, peaking during the week ending April 16.
By Anonymous Submission on 2022-04-24 17:39 UTC
White House says it expects inflation to be 'extraordinarily elevated' in new report...
The Biden administration is bracing for the Labor Department's consumer price index report to show that inflation is
By Anonymous Submission on 2022-04-11 22:16 UTC
Mexico Halts Gas Relief as U.S. Citizens Head South to Stock Up...
Mexico suspended gasoline subsidies for states along its northern border as the Finance Ministry said U.S. citizens crossing into the country are draining supply.
By Anonymous Submission on 2022-04-04 21:55 UTC
Economists warn Americans should budget an extra $5,200 this year to combat effects of inflation...
Bloomberg economists say that Americans should considering budgeting an extra $5,200 this year — or $433 monthly — in order to fight the effects of inflation. The U.S. Consumer Price Index has indicated that prices across the board have skyroc
By Anonymous Submission on 2022-03-30 13:19 UTC
Stimulus update: Here's who would get $100 when gas prices spike if new bill passes...
Congress is proposing a new gas stimulus giving individuals making $75,000 or less $100 when gas prices exceed $4 per gallon.
By Anonymous Submission on 2022-03-27 15:16 UTC
Consumer sentiment falls to new decade-long low as inflation fears soar...
Submitted to Category: /contrib/business/, /contrib/economy
University of Michigan's Survey of Consumers results for the end of March found that consumer sentiment fell to a new decade-long low as concerns about inflation worsen during Russia's invasion of Ukraine.
By Anonymous Submission on 2022-03-27 15:14 UTC
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