Daily Standup Top Stories Italy’s central bank backs helping poorer countries fund energy transition September 16, 2024 Mariel Alumit ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind […]
But inventories of 2- to 3-year-old vehicles are tight because of the new-vehicle shortages 2 and 3 years ago. By Wolf Richter for WOLF STREET. Retail sales of used vehicles at independent and franchised dealers jumped by 8% […]
By Wolf Richter for WOLF STREET. Across Canada, home prices (actual, not seasonally adjusted) dipped in August from July, were down 3.9% year-over-year – the fifth year-over-year decline in a row – and were down 15.8% from the […]
ROME, Sept 16 (Reuters) – Italy’s Central Bank governor Fabio Panetta on Monday threw his weight behind a plan to help poorer countries reduce their carbon emissions, saying it would ultimately reduce the overall cost […]
Weekly Daily Standup Top Stories Oil Majors and Traders Vye for Shell’s South African Assets September 8, 2024 Stu Turley Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders […]
Households’ money market fund & CD balances rise to a record $7.4 trillion; “savings” are far from depleted, they’re bigger than ever. By Wolf Richter for WOLF STREET. Americans hate, hate, hate inflation. But they like the higher yields on […]
Biggest declines: San Francisco, San Jose, Austin, Denver, San Diego, Seattle, Dallas, Salt Lake City, Honolulu, Phoenix, Portland, Houston, Los Angeles, Nashville, Charlotte, Tampa By Wolf Richter for WOLF STREET. Our series, “The Most Splendid Housing Bubbles in […]
But a drop in energy prices had a soothing effect on overall PPI, which also accelerated, but by less. By Wolf Richter for WOLF STREET. The Core Producer Price Index bounced back sharply in August from the negative […]
A landmark study released today makes a strong case for shore power at ports across the world. Issued by the International Council on Clean Transportation (ICCT), an NGO from Washington DC, the study is the […]
Second month-to-month acceleration in a row. Year-over-year, Core CPI and Core Services CPI show first acceleration since March. By Wolf Richter for WOLF STREET. On a month-to-month basis in a most unwelcome development, “core services” re-accelerated for the […]
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