TOKYO – Rising prices for raw materials, including nickel and copper, accelerated by Russia’s invasion of Ukraine were having a “big” impact on Panasonic Corp, with the Japanese industrial giant …
Prices
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- Top HeadlinesUS and World News
Biden Action On Gas Prices Will Only Affect 1.5% Of Gas Stations, Save Some Americans 10 Cents
Biden Action On Gas Prices Will Only Affect 1.5% Of Gas Stations, Save Some Americans 10 Cents Thomas Catenacci on April 13, 2022 President Joe Biden’s recent action to address …
- Financial News
New Zealand house prices fall as interest rates and inflation weigh
by Reutersby ReutersWELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New …
- US and World News
Democrats’ Narrative Blaming Putin For Surging Gas Prices Appears To Be Working: POLL
Democrats’ Narrative Blaming Putin For Surging Gas Prices Appears To Be Working: POLL Thomas Catenacci on April 12, 2022 President Joe Biden and Democrats’ attempt to blame the nationwide gasoline …
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Biden Scraps Green Fuel Rules In Bid To Slow Skyrocketing Gas Prices Thomas Catenacci on April 12, 2022 President Joe Biden is expected to announce a temporary pause on an …
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ZURICH -Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose …
- Financial News
New mechanisms needed for debt stress as poor countries hit by surging prices -IMF
by Reutersby ReutersBy Andrea Shalal WASHINGTON – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt …
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WASHINGTON – U.S. consumer prices likely increased by the most in 16-1/2 years in March as Russia’s war against Ukraine boosted the cost of gasoline to record highs, resulting in …
- Top HeadlinesUS and World News
Oil Prices Are Falling, But It Has Nothing To Do With Biden’s Policies
Oil Prices Are Falling, But It Has Nothing To Do With Biden’s Policies Thomas Catenacci on April 11, 2022 Global crude oil prices continued to slide Monday because of the …
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FRANKFURT – A European Union embargo on Russian coal imports will push up prices in the short term before alternative supplies become available to steady the cost, German coal importers’ …
- Featured NewsTop HeadlinesUS and World News
‘It’s A Huge Problem’: California’s Sky-High Electricity Prices Bring A Shock To Biden’s EV Dreams
‘It’s A Huge Problem’: California’s Sky-High Electricity Prices Bring A Shock To Biden’s EV Dreams Thomas Catenacci on April 7, 2022 California electricity bills are among the highest in the …
- Financial News
Analysis-As bond prices swoon, U.S. banks may slow stock buybacks
by Reutersby ReutersBy David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding securities. Now that rates are …
- Financial News
IEA to release 120 million barrels of oil to ease prices – Bloomberg
by Reutersby Reuters(Reuters) – The International Energy Agency (IEA) will release 120 million barrels of oil to ease prices, half of which would come from the United States, while other IEA members …
- Financial News
Gold prices flat as firmer dollar, yields dim safe-haven demand
by Reutersby ReutersBy Asha Sistla (Reuters) – Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s …
- Financial News
U.S. senators want ‘elevated and volatile’ West Coast pump prices investigated
by Reutersby ReutersWASHINGTON – Three U.S. senators wrote to the U.S. Federal Trade Commission on Tuesday to urge an investigation into “elevated and volatile” prices for gasoline, diesel and jet fuel. Senators …
- Financial News
U.S. service sector regains speed in March; high input prices persist – ISM survey
by Reutersby ReutersWASHINGTON – U.S. services industry activity picked up in March, boosted by the rolling back of pandemic restrictions, but businesses continued to face higher costs as supply strains persisted. The …
- Financial News
High commodity prices, comparative calm keeping investors interested in Latam M&A
by Reutersby ReutersBy Tatiana Bautzer SAO PAULO – Latin American bankers expect investors to overlook political worries in the region this year and keep investing in local companies, buoyed by strong commodities …
- Financial News
Russia faces rising sugar prices, shortages as traders divert shipments
by Reutersby ReutersBy Maytaal Angel LONDON – Commodity traders have started diverting sugar shipments away from Russia, according to industry sources and shipping data, a move set to further boost soaring domestic …
- Financial News
U.S. manufacturing sector activity slows in March; input prices surge – ISM
by Reutersby ReutersWASHINGTON – U.S. manufacturing activity unexpectedly slowed in March as tight supply chains continued to drive input prices higher, but factories boosted hiring, allowing them to reduce the backlog of …
- Financial News
Oman to use surplus from higher oil prices to reduce public debt
by Reutersby ReutersCAIRO – Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by …
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Prices Are Still Rising Despite The Fed Saying Everything’s Under Control Harry Wilmerding on March 31, 2022 The price of goods throughout the economy rose at its fastest level in …
- Financial News
Amazon to double cashback rewards on fuel purchases as fuel prices rise
by Reutersby Reuters(Reuters) – Amazon.com Inc is launching a program to double cashback rewards on fuel purchases to up to 12% for Amazon Flex debit cardholders, to help Flex delivery partners amid …
- Financial News
Saudi Arabia may raise May crude prices to Asia to new record levels
by Reutersby Reuters(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE – Top oil exporter Saudi Arabia is expected to raise crude prices to Asia in May to new …
- Financial News
Goldman Sachs expects Hong Kong home prices to fall 20% by end-2025
by Reutersby ReutersHONG KONG – Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by a drag on household income and homebuyer demand caused …
- Financial News
Top public lands producers decline U.S. House committee hearing on oil prices
by Reutersby ReutersBy Liz Hampton, Valerie Volcovici and Timothy Gardner DENVER/WASHINGTON – U.S. oil companies with the most production on federal lands and waters are not planning to attend a congressional hearing …