Companies can’t pass on those higher prices? What a bummer. But if they can without losing sales, it’s off to the races. See 2021/2022. By Wolf Richter for WOLF STREET. Nearly every subindex of today’s ISM Services PMI […]
US president Donald Trump’s new round of tariffs against his country’s top three trading partners has sparked retaliatory action, launching new trade conflicts. On Tuesday, Trump imposed 25% tariffs on Mexican and Canadian imports, as […]
The game of inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods. By Wolf Richter for WOLF STREET. Just briefly here because it’s an interesting twist by the New York Fed on Friday’s PCE […]
Daily Standup Top Stories China discovers ‘limitless’ energy source that could ‘power the country for 60,000 years’ March 2, 2025 Clark Savage ENB Pub Note: Thorium is an outstanding source of energy, and there are several […]
Terminating IRA subsidies will cut trillions in debt, lower costs, create real jobs, reduce corruption, and restore reliable energy. Congress has the opportunity to fulfill Donald Trump’s pledge to “terminate the Green New Scam,” aka […]
December, prior months revised higher. Goods prices jump month-to-month by most since August 2023, turn positive for first time in a year. By Wolf Richter for WOLF STREET. The inflation measure released today – the PCE price index […]
The strategy: Let inflation rip to bring the horrible debt-to-GDP ratio down. Households & yield investors pay for it. Turns out, no free lunches after all. By Wolf Richter for WOLF STREET. The “all items” Consumer Price Index […]
By Wolf Richter for WOLF STREET. Inflation dished out another bad surprise with a big increase in January from December, which wasn’t a surprise because inflation, once it gets going, is known to do that. This time, the […]
Why the Fed vigorously backpedaled on further rate cuts and pivoted to wait-and-see: Long-term interest rates matter. By Wolf Richter for WOLF STREET. Fed Chair Powell, at his testimony before the Senate Committee on Banking, Housing, and Urban […]
ENB Pub Note: This is huge. We will also cover this on the Energy Realities Podcast on Monday morning live on Stu’s X, or David Blackmon’s LinkedIn. Tammy Nemeth and Irina Slav will also provide […]
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