GOP Slams “One Sided” Legislative Hearing on New Jersey’s Soaring Energy Prices
Key Points TRENTON, N.J. — Senate Republican Leader Anthony M. Bucco and Senate Republican Whip Michael Testa launched sharp criticism Thursday against what they described as a “one-sided” legislative hearing on New…
Cuban soup kitchen sees soaring demand as economic crisis deepens
By Alien Fernandez and Dave Sherwood HAVANA (Reuters) – Cuban Elda William, a 60-year old former psychologist, had been making ends meet selling cellphone plans – until a sewage pipe at her…
JOE TROTTER: How Soaring Prices Cast A Pall Over Holiday Cheer
JOE TROTTER: How Soaring Prices Cast A Pall Over Holiday Cheer Joe Trotter on December 26, 2023 The holiday season is here, and Americans are preparing for a time of joy, family,…
Russian rouble gives up gains after soaring to 3-month high
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar earlier in a volatile session, supported by high interest rates,…
US dollar’s rally supercharged by soaring real yields on Treasuries
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the buck. The real…
US stock market’s powerhouses tested by soaring bond yields
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of giant technology and growth companies…
Uniqlo parent’s profit seen soaring to a Q3 record on China recovery
By Rocky Swift TOKYO (Reuters) – The Japanese operator of apparel retailer Uniqlo is expected by analysts to post a 25% jump in profit to a third-quarter record on Thursday, when the…
Soaring vegetable prices may tip India’s delicate inflation balance -economists
MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at least three…
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) – Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady climb in the stock’s price in recent months on the back of…
Dems, Eco-Groups At Each Other’s Throats Over Climate Plan That Will Send Energy Bills Soaring
Dems, Eco-Groups At Each Other’s Throats Over Climate Plan That Will Send Energy Bills Soaring John Hugh DeMastri on April 4, 2023 Democratic Gov. Kathy Hochul of New York is facing stiff…
‘Breath Of Fresh Air’: Unlike Chesa Boudin, San Francisco’s New DA Is Getting A Grip On Soaring Crime, Experts Say
‘Breath Of Fresh Air’: Unlike Chesa Boudin, San Francisco’s New DA Is Getting A Grip On Soaring Crime, Experts Say Trevor Schakohl on March 9, 2023 San Francisco District Attorney Brooke Jenkins…
Soaring egg prices lead to black market trade, smuggling
Laurel Duggan on February 10, 2023 TRENTON, NJ – With egg prices soaring from around $2.99 per dozen in the New York and New Jersey area just a year ago to over…
U.S. solar prices still soaring as projects stalled
(Reuters) – U.S. solar energy contract prices have soared by a third over the past year as project developers have struggled to get imported panels, according to a report published late on…
American Oil Giant Shatters Earnings Record On The Back Of Soaring Gas Prices
American Oil Giant Shatters Earnings Record On The Back Of Soaring Gas Prices John Hugh DeMastri on January 27, 2023 American oil company Chevron nearly doubled profits from 2021 to 2022, posting…
Marketmind: Asian stocks – soaring and roaring
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Spurred by a solid rally on Wall Street after upbeat U.S. economic growth data on…
D.C. among six cities with soaring number of murders to start 2023
Erinn Broadus And Trevor Schakohl on January 20, 2023 Several U.S. cities were affected by deadly violence this year, outpacing the same period in 2022. As a response, experts urged police funding,…
Portugal to give one-off subsidy to poorest families amid soaring inflation
LISBON (Reuters) – Portugal’s government approved a one-off subsidy of 240 euros for over a million poor families, whose purchasing power is being hard hit by soaring inflation, Labour Minister Ana Mendes…
Soaring current account surplus fails to cover up cracks in Russian economy
By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s current account surplus more than doubled year-on-year to $225.7 billion in January-November from $108.6 billion, the central bank said on Friday, giving…
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2 years, as the housing market buckles under the strain of surging mortgage…
Inflation sends Thanksgiving food prices soaring, here’s how much
TRENTON, NJ – New Jerseyans struggling financially are about to get an eye-opening rude awakening this week when they start to go food shopping for their Thanksgiving dinner. According to a new…
Mexican craft beer to gain ground despite soaring costs, says trade group
MEXICO CITY (Reuters) – Mexico’s craft beer industry should grow by over 10% this year, the country’s brewing association ACERMEX said on Friday, even as it faces sky-rocketing costs and competition from…
Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U.S. dollar found little comfort from last week’s meetings of global finance officials, with no sign…
Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high energy prices boosted its import bill, official estimates released…
Soaring egg prices force French food industry to change recipes
PARIS (Reuters) – A more than doubling in egg prices in France due to soaring feed and energy costs and a lack of supplies after the worst ever bird flu crisis has…
Soaring power costs leave Slovakia economy at risk of collapse, PM tells FT
(Reuters) – Slovakia’s Prime Minister Eduard Heger said that soaring electricity costs had left the country’s economy at risk of “collapse”, the Financial Times reported on Wednesday. Heger said that the increase…
Hungary extends energy and food price caps amid soaring inflation
BUDAPEST (Reuters) -Hungary has extended price caps on fuels and basic foodstuff by three months until the end of the year in a bid to shield households from soaring costs, Prime Minister…
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