Larry Kudlow Rips Jerome Powell Over ‘One Of The Goofiest Answers’ On Rising Oil Prices
Larry Kudlow Rips Jerome Powell Over ‘One Of The Goofiest Answers’ On Rising Oil Prices Harold Hutchison on September 20, 2023 Fox Business host Larry …
Prices
German producer prices post biggest decline on record
BERLIN (Reuters) -German producer prices posted their biggest year-on-year decline in August since data collection began in 1949, spurring hopes for further easing of inflation …
Gas Prices Could Soon Hit $4 in New Jersey as Oil Prices Rise Again
TRENTON, NJ – Gas prices in New Jersey this week are hovering in the $3.78 range, but that might not last long. News from around …
Canada’s Trans Mountain pipe expansion to disrupt oil flow to US, boost prices
By Nia Williams and Stephanie Kelly CALGARY (Reuters) – Canada’s Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from …
Canada says major grocery chains agree to help stabilize prices
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – Canada’s five major grocery chains have agreed to help the government in its bid to stabilize …
China’s yuan will stabilise as domestic prices bottom out – central bank publication
BEIJING (Reuters) -China’s yuan will stabilise after improvements in recent economic data and the bottoming out of domestic prices, state-owned media said on Monday. China’s …
Asking prices for UK homes pick up slightly despite summer slowdown: Rightmove
LONDON (Reuters) – Asking prices for homes in Britain rose marginally this month following a sharp drop in August, but buyer affordability is expected to …
South Korea house prices climb for second month in August
SEOUL (Reuters) – South Korea’s housing market climbed for a second straight month in August, data showed on Friday, with prices rising across the country. …
US crude prices above $90/bbl ignite inflation worries
By Arathy Somasekhar HOUSTON (Reuters) – Crude oil prices above $90 a barrel in the United States stirred worries that inflation could rise further in …
US producer prices accelerate in August on gasoline
WASHINGTON (Reuters) – U.S. producer prices increased by the most in more than a year in August as the cost of gasoline surged, the latest …
US retail sales, produces prices rise; jobless claims lower than forecast
NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that …
US contacts oil producers, refiners as gasoline prices rise
By Jeff Mason and Jarrett Renshaw WASHINGTON (Reuters) -The U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies at …
US consumer prices accelerate in August on gasoline
NEW YORK (Reuters) – U.S. consumer prices increased by the most in more than a year in August amid a surge in the cost of …
German wholesale prices continue downward trend in August
BERLIN (Reuters) – German wholesale prices fell for the fifth month in a row in August due to lower prices for mineral oil products, data …
Potential UAW strike could cut production, push up vehicle prices, analysts say
By Priyamvada C (Reuters) – A prolonged coordinated strike by the United Auto Workers (UAW) union against the Detroit Three automakers could cut production by …
Chinese rare earth prices hit 20-month high on Myanmar supply worry
BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the …
France’s Le Maire urges TotalEnergies to maintain cap on fuel prices
PARIS (Reuters) – French Finance Minister Bruno Le Maire said he wanted French oil giant TotalEnergies to maintain a cap on fuel prices beyond Dec. …
US services sector picked up in August, along with prices
(Reuters) – The U.S. services sector unexpectedly gained steam in August, with new orders firming and businesses paying higher prices for inputs — potential signs …
G7 shelves regular Russian oil cap reviews as prices soar – sources
By Julia Payne BRUSSELS (Reuters) – The G7 and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the …
Lower growth in China not affecting commodity prices ‘that much,’ Brazil’s Campos Neto says
BRASILIA (Reuters) – Brazilian central bank chief Roberto Campos Neto said on Tuesday that the slower growth seen in China is not affecting commodity prices …
British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll
By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as high interest …
China new home prices fall for fourth month, sales slump – survey
BEIJING (Reuters) – China’s new home prices fell for the fourth month in August, according to a private survey on Friday, as a property debt …
Labor Day Gas Prices to Reach Obama Administration Highs in New Jersey
If you’re planning on hitting the Garden State Parkway, New Jersey Turnpike, or heading further from the Garden State this Labor Day weekend, expect record-high …
Australia home prices rise 6th straight month as recovery gets entrenched -CoreLogic
By Stella Qiu SYDNEY (Reuters) – Australia’s home prices rose in August for a sixth straight month as a jump in new listings was absorbed …
Hormel Foods cuts annual forecasts on weak China demand, adverse pork prices
(Reuters) – Hormel Foods on Thursday cut its annual revenue and profit targets after missing quarterly results as the Skippy peanut butter maker wrestled with …
Germany home prices to fall in 2023 but rents to keep rising – Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall by more than 5% this year and stagnate in 2024, according to property …
Short U.S. housing correction likely over; tight supply to keep prices high: Reuters poll
By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped …
Explainer-Why is France struggling to lower supermarket prices?
PARIS (Reuters) – Finance Minister Bruno Le Maire is meeting France’s top supermarkets and their suppliers on Wednesday and Thursday to try to persuade them …
Spanish inflation rises to 2.6% in August on higher fuel prices
By Jakub Olesiuk (Reuters) – Spanish inflation rose to 2.6% year-on-year in August, boosted by higher fuel prices, preliminary data from the National Statistics Institute …
German July import prices post sharpest decrease since 1987
BERLIN (Reuters) – German import prices decreased by 13.2% year on year in July, the sharpest drop since January 1987, the statistics office said on …
New Zealand house prices to rise again on supply shortage, rate cut hopes: Reuters poll
By Anant Chandak BENGALURU (Reuters) – New Zealand house prices are forecast to rise again next year due to an ongoing supply shortage and expectations …
U.S. home prices rise month-over-month in June – S&P CoreLogic Case-Shiller
By Safiyah Riddle (Reuters) – U.S. home prices rose on a monthly basis in June while annual prices were unchanged, adding to a growing body …
Jif peanut butter maker J.M. Smucker lifts profit forecast on higher prices, lower costs
(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food …
Hong Kong home prices drop for third month in July, down 1.1%
HONG KONG (Reuters) – Hong Kong private home prices eased 1.12% in July from June, the third monthly fall in a row, official data showed …
China new home prices growth likely flat in 2023, dragging on economy – Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will likely show no growth this year, according to a Reuters poll, …
Bad News for New Jersey Chocolate Lovers as Cocoa Prices Soar
There’s some bad news for chocolate lovers in the New Jersey tri-state area. The price of cocoa is on the rise and that means your …
Chocolate makers’ prospects sour as cocoa prices spike
By Maytaal Angel, Jessica DiNapoli and Richa Naidu LONDON/NEW YORK (Reuters) – (This Aug. 18 story has been corrected to clarify that Europe has seen …
Large US homebuilders raise prices as existing home supply remains tight
By Ananta Agarwal (Reuters) – Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes …
Gas Prices Have Quietly Jumped 20 Cents In The Last Month
Gas Prices Have Quietly Jumped 20 Cents In The Last Month Nick Pope on August 25, 2023 The national average price of gasoline per gallon …
Argentina to freeze fuel prices until Oct 31 to curb inflation
(Reuters) – Argentina’s economy ministry said on Thursday it will freeze fuel prices until October 31 after an agreement with the industry as a measure …
Ice cream prices double in a month as Argentina battles inflation
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – When Ernesto Acuna, a convenience store owner in Buenos Aires, received the new price list this week from …
The Golden Girls approach: Buying homes together amid high prices
By Chris Taylor NEW YORK (Reuters) – Maybe Dorothy, Blanche, Rose and Sophia had it right all along. We remember the stars from the 1980s …
Russian consumer prices rose as rouble tumbled past 100 vs dollar -Rosstat
(Reuters) – Russia’s weekly consumer prices rose as the rouble’s tumble past 100 to the dollar added to already high inflationary pressure, data from the …
UK house prices rise by least since 2020 and fall in London – ONS
LONDON (Reuters) – British house prices increased by 1.7% in the 12 months to June, the Office for National Statistics (ONS) said on Wednesday, the …
South Korea house prices snap 13 months of decline
SEOUL (Reuters) -South Korea’s house prices rose slightly in July after 13 months of decline, data showed on Wednesday, with the rise led by demand …
India’s July wholesale price index falls less than expected on food prices
NEW DELHI (Reuters) -India’s wholesale price index fell 1.36% year-on-year in July, but the decline was smaller than expected because of higher prices for food …
Oil Prices Likely To Climb Even Higher, Energy Group Predicts
Oil Prices Likely To Climb Even Higher, Energy Group Predicts Nick Pope on August 11, 2023 Oil prices are poised to continue their climb in …
Brazil consumer prices up by more than expected in July
SAO PAULO (Reuters) – Brazil’s consumer prices as measured by the benchmark IPCA index rose more than expected in July, data from government statistics agency …
US consumer prices rise moderately in July
NEW YORK (Reuters) – U.S. consumer prices increased moderately in July amid lower costs for goods, including used motor vehicles, a trend that could persuade …
Palm oil demand boosted as rival oil prices jump on supply woes
By Rajendra Jadhav MUMBAI (Reuters) -Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent …