UK annual house price rise eases to 10.8% – Halifax
LONDON – British house prices rose for a tenth consecutive month in April, although the annual rate of growth eased slightly from the 15-year high recorded in March, figures from…
LONDON – British house prices rose for a tenth consecutive month in April, although the annual rate of growth eased slightly from the 15-year high recorded in March, figures from…
By Gertrude Chavez-Dreyfuss NEW YORK – Futures on the federal funds rate priced in on Thursday a roughly 75% chance of a three quarters of a percentage point tightening by…
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank…
(Reuters) – Futures on the federal funds rate have priced in a roughly 70% chance of another half a percentage-point tightening at next month’s meeting after the Federal Reserve lifted…
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations Laurel Duggan on May 3, 2022 Manhattan Institute senior fellow Christopher Rufo laid out…
MEXICO CITY – Bank of Mexico board member Jonathan Heath on Tuesday cautioned on implementing price controls to tackle inflation, saying the measures only work in the short term. “My…
STOCKHOLM – Nasdaq Nordic is looking into an unexplained plunge in equities earlier on Monday, which brokers Nordnet said was a “flash crash” triggered by a brief market panic, a…
FRANKFURT – German car parts supplier Continental said on Friday it expects energy, logistics and materials cost to rise by 3.5 billion euros ($3.7 billion) this year due to COVID-19…
MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although core inflation, which strips out…
NEWARK, N.J. – A Bergen County, New Jersey, company was fined $67,668 today and sentenced to one year of probation for its role in price gouging a chain of New…
By Alex Lawler LONDON – OPEC told the International Monetary Fund’s steering committee on Thursday that the surge in oil prices was largely due to the Ukraine crisis, in the…
(Reuters) -U.S. railroad operator Union Pacific Corp posted a 21.5% jump in first-quarter profit on Thursday, benefiting from higher shipments due to a rise in U.S. factory production and price…
By Marc Frank HAVANA – The Russian invasion of Ukraine is making Cuba’s three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship…
LONDON – Days after Russia’s Feb. 24 invasion of Ukraine, Andrei Shestakov opened a set of files in a WhatsApp group chat for history teachers like himself in his town…
DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest…
(Reuters) – Russia’s central bank said on Thursday that due to a “significant change in market conditions” it would buy gold from commercial banks at a negotiated price from April…
It Took Just Four Days For Biden’s Oil Price Scheme To Go Up In Smoke Thomas Catenacci on April 4, 2022 Oil prices shot up Monday despite President Joe Biden’s…
SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices caused by the Russia-Ukraine conflict.…
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Thursday his government will seek to control food prices if inflation cannot be brought down. “We’ve been able to…
By Daniel Leussink TOKYO – Japan’s economy will grow at a slower pace than previously thought next quarter in part due to Russia’s invasion of Ukraine and its inflationary effect…
Big Oil Thumbs Nose At Democrats, CEOs Decline Price Gouging Hearing Invitation Thomas Catenacci on March 30, 2022 Three major U.S. fossil fuel companies rejected an invitation from House Democrats…
NEWARK, NJ – A Brooklyn-based chain of grocery stores, Milk & Honey and its partners have admitted price gouging its customers who bought KN95 masks at a nearly 400% markup.…
NEWARK, N.J. – A New York company admitted its role in price gouging a chain of New Jersey grocery stores in connection with the sale of KN95 masks during the…
By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out future price hikes given Britain’s…
Inflation continues to climb across America at a record pace and now, companies who are afraid to raise prices on their products, instead, are shrinking their products but charging the…