The problem is in services, which account for 67% of PPI. But goods prices are re-accelerating too. The whole inflation scenario has changed. By Wolf Richter for WOLF STREET. The prior months’ data of the Producer Price Index […]
On re-spiking motor vehicle prices, jumping food & gasoline prices. But housing inflation backs off. By Wolf Richter for WOLF STREET. The overall Consumer Price Index rose by 0.31% (+3.8% annualized) in November from October, the sharpest increase […]
Beitveit Holding Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based […]
Daily Standup Top Stories Biden Defends Economic Record, Says Trump Plans Threaten Growth December 10, 2024 Clark Savage ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him […]
Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up. By Wolf Richter for WOLF STREET. General Motors announced Tuesday afternoon, after blowing $10 billion on its […]
ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him defending his economic record on my bingo card this week. If you have listened to the ENB […]
Stop the ‘green hallucinationists’ plan to close all 200 coal power plants. December 9, 2024 Clark Savage America continues to subsidize the development of occasionally generated electricity from weather dependent wind turbines and solar panels, to […]
NFE announced on Monday the completion of the private exchange of $1.5 billion new senior secured notes for more than two-thirds of each of the company’s outstanding senior secured notes maturing in 2026 and 2029. […]
The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms of the agreement announced in October, […]
Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand. By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US jumped by 1.3% in November […]
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