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 …
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Financial News
U.S. rate futures price in 75% chance of 75 bps Fed hike in June
by Reutersby ReutersBy 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 …
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Financial News
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
by Reutersby ReutersBy 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 …
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Financial News
U.S. rate futures price in 70% chance of 50 bps hike in June Fed meeting
by Reutersby Reuters(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 …
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Featured NewsTop HeadlinesUS and World News
‘We Put A Price On Woke Capital’: Christopher Rufo Explains Game Plan For Fighting Radical Corporations
‘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 …
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Financial News
Bank of Mexico board member cautions on implementing price controls
by Reutersby ReutersMEXICO 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 …
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Financial News
Nasdaq Nordic says investigating price movements after flash crash
by Reutersby ReutersSTOCKHOLM – 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 …
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Financial News
Continental plans price hikes due to $3.7 billion extra costs in 2022
by Reutersby ReutersFRANKFURT – 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 …
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Financial News
Easing energy costs curb Spanish April price rises but core inflation jumps
by Reutersby ReutersMADRID – 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 …
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Department of Justice Press Releases
Bergen County Company Sentenced for Price Gouging KN95 Masks During COVID-19 Pandemic
by DOJ Pressby DOJ PressNEWARK, 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 …
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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 …
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Financial News
Union Pacific quarterly profit jumps on price hikes, higher shipments
by Reutersby Reuters(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 …
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Financial News
Analysis-Ukraine-related price jolts threaten Cuba’s already tepid recovery
by Reutersby ReutersBy 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 …
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Top HeadlinesUS and World News
Russian teacher rejected Kremlin propaganda, then paid the price
by Reutersby ReutersLONDON – 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 …
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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 …
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Financial News
Russia’s central bank says it will stop buying gold at a fixed price
by Reutersby Reuters(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 …
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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 …
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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. …
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Financial News
Mexican president eyes food price controls if inflation stays high
by Reutersby ReutersMEXICO 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 …
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Financial News
Japan Q2 growth to be slower than first expected on price rises, Ukraine war – Reuters poll
by Reutersby ReutersBy 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 …
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Featured NewsUS and World News
Big Oil Thumbs Nose At Democrats, CEOs Decline Price Gouging Hearing Invitation
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 …
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Breaking NewsNew Jersey NewsNew York NewsNorth Jersey NewsPolice Blotter
Brooklyn Supermarket Company Admits to Price Gouging Pandemic PPE Supplies
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. …
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Department of Justice Press Releases
Brooklyn Company Admits Price Gouging KN95 Masks During COVID-19 Pandemic
by DOJ Pressby DOJ PressNEWARK, 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 …
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Financial News
Irn-Bru maker won’t rule out more price hikes as inflation bites
by Reutersby ReutersBy 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 …
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Breaking NewsFood & DiningNew Jersey News
Shrinkflation and how companies are downsizing, but charging you the same price
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 …