Covid Aid Dropped From U.S. Lawmakers’ Big Spending Deal
U.S. lawmakers late Wednesday passed a massive new bill that would fund the federal government for the remainder of the fiscal year, as well as further aid Ukraine, but a last-minute snag resulted in Covid-19 money being dropped.
Fed Chair Powell Left Open Possibility Of Hiking More Aggressively Should Inflation Persist
Fed Chairman Jerome Powell said Wednesday he still sees interest rate hikes ahead though he noted the “implications for the U.S. economy are highly uncertain” from the Ukraine war.
CBR Tackles Geopolitically Motivated Ruble Depreciation, Boosts Key Rate to 20 Percent
Russia’s central bank, CBR, has more than doubled its key interest rate from 9.5% to 20% as its currency
Spot Rotterdam Gas Prices Soared to Over €1400/Thousand Cubic Meters Instantaneously. What’s Next?
Gas prices are soaring globally, largely because of the resurgence of demand for fossil fuels after the Covid-19 pandemic and lockdowns, depleted storage and the difficulty of ramping up supply after the disruptions of the past two years.
El Salvador To Grant Citizenship to Foreign Investors Including Bitcoin Injectors
El Salvador President Nayib Bukele on Sunday said he will send Congress a proposal to grant citizenship to foreigners who invest in the Central American country as well as other initiatives to reduce government hurdles in order to attract investment projects.
Is Boeing Finally Out of Woods?
Last month, it launched the new 777-8 Freighter and expanded its 777X and freighter families of jetliners with an order for up to 50 aircraft from Qatar Airways.
U.S. Inflation Tends to Be More Urban than Rural
Consumer prices in the U.S. accelerated last year predominantly in large U.S. metropolitan areas seeing an influx of new residents than in the nation overall, while inflation was milder in large coastal cities with less population growth.
Germany’s International Fiscal Standing Keeps Worsening
Germany’s trade surplus shrank for the fifth year in a row in 2021 to €6.8 billion in December from €15.1 billion in the same period last year and €10.9 billion in November, as a global supply crunch hampered exports, including in its key auto sector.
Amazon, Nike, and Other Bidders Are Reportedly Eying Peloton
After crashing investors' expectations by a lockdown-fueled elevated demand during the pandemic, Peloton (PTON) is now in deep trouble.
U.S. Economy Shedding Workforce
Total nonfarm payroll employment in the United States declined by 301,000 in January, largely missing out on market expectations, Automatic Data Processing Inc. (ADP) revealed in its report released on Wednesday.
High-Tech Stocks Remain Investors’ Darlings Despite Fed’s Hawkish Stance
Representatives of the high-tech sector have been and will have been the best performing growth stocks no matter what.
Cost of living: New Zealand inflation tops three-decade high
The current inflation spiral has no limits and borders.
Agrifood Analytics Lab: “Access to Food will be Challenge this Winter”
Throughout the Covid-19 pandemic, U.S. shoppers have encountered the effects of everything from supply chain disruptions to pandemic-related labor constraints which have led to more and more pronounced grocery store shortages.
Ford Motor’s Stock Has Good Chance to Outperform Tesla in 2022
Ford Motor Co (F) shares while remaining in the ascending channel, suddenly lost over 7% by Wednesday afternoon.