20% stock market plunge ahead, recession
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks …
Consumer prices
Bond yields could race through 5%, market forecaster Jim Bianco warns
Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in the next couple of weeks. “I don’t think we’re near …
Could the UAW strike affect car prices? ‘Inevitably yes,’ expert says
Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images Regardless …
Don’t worry about August’s hotter-than-expected CPI
Gasoline prices for full serve and self serve are displayed at the Union 76 gas station ahead of the Labor Day weekend on August 28, 2023 in Beverly Hills, California. …
August’s CPI report isn’t as bad as it seems
A view of a gas station as gas prices are at the highest level from last year in Virginia, on August 16, 2023. Celal Gunes | Anadolu Agency | Getty …
Here’s the inflation breakdown for August 2023, in one chart
Gasoline was priced from $4.29 a gallon at a fuel station in Virginia on Aug. 16, 2023. Anadolu Agency | Anadolu Agency | Getty Images Inflation rose in August on …
CPI report August 2023: Inflation rose 0.3%
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price index, which measures costs …
Bond yield jump is not death to equities: BofA’s Savita Subramanian
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a …
Southeast Asia turns to alternative meats as fight against climate change ramps up
Packages of “Impossible Burger” and Beyond Meat sit on a shelf for sale on November 15, 2019 in New York City. Vegetarian alternatives to burgers and sausages are enjoying a …
Annual CPI inflation in July 2023 surges to 3.2%
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated …