Over half of the states in the U.S. will increase minimum wage in 2022, according to a report. As reported by the Daily Caller, 26 states will raise their minimum wages, with 22 of the states starting the increase on …
If you think your grocery bills are high, wait until next month. A fresh wave of supermarket price hikes is expected to begin in January, raising prices anywhere from 2% to 20% on a slew of staples including pasta, …
by confoundedinterest17 There is a lot going on in the US housing market. Excessive monetary stimulus keeping mortgage rates low, historically low inventory available for sale, and FOMO (fear of missing out … on rapidly rising home prices). The Case-Shiller repeat …
A devastating eviction crisis is rapidly worsening all around the country, and it is threatening to push millions of families out of their homes this holiday season. Even though there was a brief pause in evictions after the moratorium ended …
by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), …
by confoundedinterest17 Inflation keeps clubbing Americans to death. This time in the form of New Home Sales prices. November’s New Home Sales figures are out. New Home Sales declined 14% YoY while the median price of New Home Sales is up …
By City A.M UK Gas prices have soared by 520 percent this year. The soaring prices reflect current market conditions across Europe, and follow continued geopolitical uncertainty and rising tensions over the 759-mile Nord Stream 2 pipeline. Russia has been …
Watch the latest video at foxbusiness.com Dec. 22, 2021 – 4:41 – Stew Leonard’s CEO Stew Leonard Jr. notes supermarket chains have been ‘trying to hold back as much as we can’ by not passing along higher input costs to …
by mark000 https://tradingeconomics.com/commodity/uk-natural-gas UK natural gas prices rallied to fresh all-time highs above 390 pence a therm in the third week of December, in line with the Dutch contract, amid reports that natural gas flows through the key Yamal-Europe pipeline reversed …
https://twitter.com/wmiddelkoop/status/1473085146995830786
From transitory to persistent.. the narrative is shifting. $Gold. https://t.co/fNuEP4nYnw — Daniel March (@Daniel_March3) December 16, 2021 The Fed may slow or eliminate new bond purchases but is not planning to sell. Meanwhile, producer prices have skyrocketed and Americans are consuming …
#China's home prices have now dropped three months in a row, something that has not happened since 2015. Historically there has been a positive relationship between house prices and consumer spending. pic.twitter.com/7IDbHmEfFT — Blokland Fund (@BloklandFund) December 15, 2021 NEW: …
Bad energy policy decisions from politicians, bureaucrats, regulators and national oil company (NOC) executives will cause oil and gasoline prices to keep rising in the coming years! Saudi Arabia: Hasty Energy Transition Will Lead To Oil Price Spikes https://finance.yahoo.com/news/saudi-… …
#recession … #Global $USD #Liquidity #Squeeze edition Businesses pushing on a string when trying to pass on higher prices to US consumers. https://t.co/NKGb7cn4Ql — Invariant Perspective (@InvariantPersp1) December 15, 2021 https://twitter.com/Breaking911/status/1471173160582144010 Do producer prices lead consumer prices? The supply chain …
by confoundedinterest17 Lumber prices are above $1,000 for the first time since early summer as a hot housing market continues to drive demand. According to Markets Insider, lumber prices are up 127% from its most recent low. With demand high and supplies …
by confoundedinterest17 Yes, we have trouble in river city with a capital T than rhymes with P and that stands for Producer Prices. Prices paid to U.S. producers posted a record annual increase of almost 10% in November, a surge that …
.@JeffreyToobin do you have any thoughts on how we can beat big meat? https://t.co/MSW01D97Ne — Dr. Richard Harambe (@Richard_Harambe) December 14, 2021
The Biden administration and maritime officials have sought to reduce the backlog with measures that included an attempt to extend the hours truckers pick up boxes. The measures have had limited impact, in part because of shortages of workers, trucking …
Fresh vegetable prices in China surged by 30.6% in November from a year ago, according to the National Bureau of Statistics. The price of pork, a staple in Chinese diets, remained well bellow the highs of last year with a …
by Joanna Miller I started raising chickens for meat in 2014. I’ve always bought the same feed from the same farmer. Prices have always been about the same. Even when prices on meat were slowly rising in the grocery stores …
by Shaun Richards This week has seen another phase in the energy crisis which is facing Europe. In sense the Rolling Stones were correct and indeed prescient with their lyric “It’s a gas,gas,gas.” The domestic energy reliance on gas and …
By Simon Watkins China has been one of the main drivers of the 2000-2014 commodities supercycle Slower economic growth and a huge debt bubble pose a tremendous risk to oil markets China’s Evergrande crisis shows the fragility of the Chinese …
by RichFelon Many of you just took significant losses in your portfolio over these last 3 weeks (some all year), and sadly there is more to come. What is driving this sell off? A change in monetary policy. Scrolling through …
Global food inflation continues to rise for the fourth consecutive month in November, reaching levels not seen in a decade, led mainly by robust demand for wheat and dairy products, according to a new report via the Food and Agriculture Organization …
India released 5 million barrels of oil from its strategic petroleum reserves (SPR) in coordination with other countries including the United States, China, Japan and South Korea. The move is part of efforts led by U.S. President Joe Biden’s for …
credit spreads have been under pressure all month pic.twitter.com/sqB0RXzdKV — DeFi, TradeFi, venture (@swaptions) November 30, 2021 Home prices have peaked pic.twitter.com/I03SNBfMV0 — zerohedge (@zerohedge) November 30, 2021 Fed says Recession Incoming https://twitter.com/pivotanalytics/status/1465765768432336901 $DAX 2000 VS 2021 SCARY ? pic.twitter.com/pO16J7lmcK …
by confoundedinterest17 When I told Benzinga’s Phil Hall in an interview a while back that I thought US home price growth would slow, I didn’t consider the never-ending COVID epidemic (now with the Omicron Variant taking the stage. But at least the CoreLogic Case-Shiller …
By Robert Rapier U.S. President Joe Biden is taking a lot of flack for the rise in gasoline prices. In the short term, there is not much the President can do to put a cap on prices at the pump. …
Providers increasing their prices include: Citizens’ Electric — 6.9777 cents to 7.9476 cents per kWh (13.9%) Duquesne Light — 7.41 cents to 7.98 cents per kWh (7.7%) PECO — 6.597 cents to 7.021 cents per kWh (6.4%) PPL — 7.544 …
The Democrat agenda depends on deliberately driving up energy prices in order to make their green energy boondoggles appear less outrageously wasteful and destructive than they really are. That approach has been painfully obvious from the beginning of the Biden …