Powell Says ‘Inflation Is Much Too High,’ Suggests Taking A More Aggressive Stance Harry Wilmerding on March 21, 2022 Federal Reserve Chairman Jerome Powell said Monday that soaring prices have…
– Federal Reserve policymakers will consider speeding up the pace of interest rate hikes this year should high inflation not begin to abate, Federal Reserve Chair Jerome Powell said on…
By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers on all fronts, data showed…
TOKYO – Japanese consumers’ inflation expectations hit a record high in March, a government survey showed on Wednesday, as people’s perceptions of future price moves were affected by surging energy…
– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ pockets from higher fuel costs.…
Gas thievery has gone high-tech across the country as thieves in vans are stopping their vehicles over underground gas station tanks and pumping the high-priced fuels out of the ground.…
TOMS RIVER, NJ – Gas prices across New Jersey spiked and peaked in the past 7 days, according to GasBuddy.com, a nationwide gasoline price monitoring index website. At the Jersey…
– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the ride-hailing firm tries to address…
NAPLES, FL – The Collier County Sheriff’s Office today reported that former Palmetto Ridge High School track coach Amed Garriga-Smith, 37, has been charged for a sexual relationship had with…
Inflation Soars To Another Four-Decade High Harry Wilmerding on March 10, 2022 The Consumer Price Index (CPI) increased 0.8% in February, bringing the key inflation indicator’s year-over-year increase to 7.9%,…
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a near two-year high, as Russia’s…
CORPUS CHRISTI, Texas – A 43-year-old Falfurrias resident has been ordered to federal prison following his conviction of transporting illegal aliens, announced U.S. Attorney Jennifer B. Lowery. Pedro Galindo pleaded…
Job Openings Remain Near Record High Harry Wilmerding on March 9, 2022 Job openings in the U.S. remained near their record high while the number of Americans who quit their…
By Prerana Bhat and Indradip Ghosh BENGALURU – There is a high risk the Federal Reserve will raise interest rates by half a percentage point sometime this year, according to…
By David Randall NEW YORK – Europe’s economy is likely already in a recession as a result of the Russian invasion of Ukraine and the U.S. economy may not be…
US Trade Deficit Hit A Record High In January Harry Wilmerding on March 8, 2022 The U.S. trade deficit continued to grow in January as the import-export gap widened to…
LONDON – The European benchmark price for a tonne of diesel now surged to a record $509.75 more than for diesel in six month’s time on Tuesday as fears of…
Gas Prices Hit All-Time High As White House Turns To Dictators For Help Thomas Catenacci on March 7, 2022 The average price of gasoline surged to the highest level ever…
DES MOINES, IA – A teenager has died and two have been hospitalized in critical condition after shots were fired outside a high school in Iowa on Monday afternoon, according…
By Tom Bergin – Western sanctions banning several Russian banks from the SWIFT international payments network with the potential threat of more to come if there is no end to…
By Bharat Gautam – Palladium shot to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in…
By Bharat Gautam – Palladium shot up to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark…
HACKENSACK, NJ – An ongoing police investigation of an unknown matter has forced the closure and evacuation of Hackensack High School today, police said. Police issued the following statement, “Hackensack…
By Joori Roh SEOUL – South Korea’s consumer inflation hovered near a decade high in February and stood above the central bank’s 2% target for an 11th month, adding pressure…
The price of crude oil touched its highest level in nearly 11 years on Wednesday amid the ongoing Ukraine crisis which has roiled energy markets. The WTI index, the U.S.…