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Inflation

Wednesday’s CPI report could mark a change in thinking for the Fed

by Adrian Jhonsan
Wednesday’s CPI report could mark a change in thinking for the Fed

Product prices as seen at Walmart.  Courtesy: Walmart The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department releases the …

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Categories World

Oil soars amid Middle-East tensions

by Adrian Jhonsan
Oil soars amid Middle-East tensions

Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …

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Categories World

59% of Americans wrongly think U.S. is in a recession, report finds

by Adrian Jhonsan
59% of Americans wrongly think U.S. is in a recession, report finds

Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Gabby Jones | Bloomberg | Getty Images We are not in a recession “Right now …

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Producer price index July 2024:

by Adrian Jhonsan
Producer price index July 2024:

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates. The producer price index, which …

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Categories World

Oil soars on Middle-East tensions

by Adrian Jhonsan
Oil soars amid Middle-East tensions

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories World

After a busy week of trades, we’re looking to some key inflation data

by Adrian Jhonsan
After a busy week of trades, we’re looking to some key inflation data

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …

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Categories World

Harris responds to Trump Fed comments; readies economic policy plan

by Adrian Jhonsan
Harris responds to Trump Fed comments; readies economic policy plan

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., …

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Categories World

Not a Costco member? Shoppers have tips to skip new entry scanners

by Adrian Jhonsan
Not a Costco member? Shoppers have tips to skip new entry scanners

Nothing gets California shoppers more fired up than changes at their beloved weekend hangout, Costco. The club is rolling out new technology to keep nonmembers from venturing inside. Entry scanners …

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Categories World

Five tips to help keep your utility bill somewhat manageable this summer

by Milton Acorn
Five tips to help keep your utility bill somewhat manageable this summer

California is fast approaching the hottest part of summer and with temperatures rising, utility customers crank up their air conditioners and consume a lot more electricity than in other times …

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Categories Science

China’s consumer prices pick up more than expected in July, up by 0.5%

by Adrian Jhonsan
China’s consumer prices pick up more than expected in July, up by 0.5%

China’s retail sales grew by 2% in June from a year ago. Data for July is due out Thurs. Aug. 15. Pictured here is a shopping mall in Beijing on …

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Categories World
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