Inflation
How Salt Lake City transformed into one of the hottest housing and job markets in the U.S.
Salt Lake City has become a thriving metropolis with a booming population and plenty of job opportunities in banking and tech. Many residents, like former Gov. Michael Leavitt, point to the 2002 Winter Olympics as the catalyst for the city’s transformation. “A lot of good things came together at the right time. We had a […]
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Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
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Why Trump’s economic policies may have canceled the DOGE dividend check, at least for now
Elon Musk stands as he is recognized by U.S. President Donald Trump during Trump’s address to a joint session of Congress at the US Capitol in Washington, DC, on March 4, 2025. Saul Loeb | Afp | Getty Images Stocks are wobbling. Inflation is expected to tick higher again, if maybe only in the short-term, […]
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‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
ETF Edge ‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds Published Sat, Mar 22 202511:00 AM EDT Yaritza Diaz WATCH LIVE Source
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Japan inflation eases to 3.7% in February, down from a two-year high
The owner of rice shop Tadao Koike carries a bag of rice at his shop in Tokyo on February 14, 2025. Yuichi Yamazaki | Afp | Getty Images Japan’s headline inflation rose 3.7% year on year in February, easing from a two-year high of 4% seen in January. Core inflation — which excludes prices of […]
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‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation […]
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Fed holds interest rates steady, still sees two cuts coming this year
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted […]
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Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
Japan’s national flag flutters at the Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Wednesday kept its key policy rate steady at 0.5% in a unanimous vote, as the export-reliant country assesses the potential impact of U.S. President Donald Trump’s protectionist trade […]
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Wholesale egg prices have ‘plunged,’ analyst says — shoppers may soon see some relief
Key Points Wholesale egg prices have fallen more than 40% since the end of February. The pullback comes amid a reprieve from major bird flu outbreaks so far in March and weaker consumer demand, which have helped the nation’s egg supply to start recovering. Retail egg prices broke a record high in February. It’s unclear […]
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China announces plan to ‘vigorously boost consumption’ in bid to shore up economy
TONGREN, CHINA – MARCH 13, 2025 – Prosecutors explain to consumers how to buy qualified products at a supermarket in Pingxi street of Yuping Dong Autonomous County in Tongren, southwest China’s Guizhou province on March 13, 2025. Cfoto | Future Publishing | Getty Images China announced a “Special Action Plan to Boost Consumption” on Sunday […]
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