NEW YORK (Reuters) –Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in more than two decades and on fears rising interest rates will tip […]
When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]
When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]
Stocks fell during volatile trading Wednesday, after the Federal Reserve delivered an unprecedented third consecutive 75 basis point rate hike in its continuing battle against inflation in the US economy. The fed funds rate now […]
Following its latest policy meeting the Federal Reserve announced its third consecutive 75 basis point interest rate hike, as it continues to battle with a stubbornly persistent inflation. The third 75 basis point hike was […]
The August jobs report is coming at 8:30 a.m. ET Friday, and analysts expect it is going to come in hot with broad-based hiring across many sectors, and that may have implications on Fed policy […]
FOMC July meeting minutes were released, revealing that Federal Reserve officials feel that additional interest rate hikes will be necessary over the coming months, and such hikes will continue until they see evidence that inflation […]
Coal prices are soaring and global coal consumption is expected to return to record levels reached almost 10 years ago as the global energy supply crunch continues. While investors in coal stocks are having a […]
Struggling to re-establish its shredded and ridiculed credibility as inflation fighter, the Fed today concluded the most hawkish Fed meeting in decades. Following the CPI report last week that apparently had blown all doorknobs off inside […]
The United States has weathered energy shocks before. Broad price swings for a barrel of crude are nothing new. But we have never seen an energy crunch like 2022: Reeling from a pandemic, confronting climate […]
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