‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say Will Kessler on March 16, 2024 President Joe Biden recently released his budget proposal for…
ROME (Reuters) – A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach…
Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes John Hugh DeMastri on March 14, 2023 Prices grew 0.4% on a monthly basis in February, falling slightly from…
(Reuters) – Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted margins. The Houston, Texas-based refiner’s earnings stood at $1.9 billion,…
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation John Hugh DeMastri on January 11, 2023 Average interest rates for bank-issued credit cards this past November surpassed a…
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s surging inflation will just keep rising, according to the vast majority of executives surveyed in a poll released on Thursday, even though…
By Peter Hobson LONDON – Slowing economic growth is weighing on industrial metals prices but zinc and aluminium are likely to outperform if sky-high energy prices force European smelters to…
By Hernan Nessi and Jorge Iorio BUENOS AIRES – Argentina’s monthly inflation clocked in at 5.1% in May, still painfully high but below expectations and slower than the two previous…
‘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…
‘Significant Uncertainty’: Mortgage Demand Plummets Amid Sky-High Rates, Massive Inflation Harry Wilmerding on March 16, 2022 Mortgage demand plummeted in mid March after a sharp increase in rates and inflation,…