prices

Why are real estate prices so high?  Blame remote work, not the 'speculative bubble', Fed study finds

Why are real estate prices so high? Blame remote work, not the ‘speculative bubble’, Fed study finds

The sudden shift to remote working amid COVID-19 has driven more than half of overall US house price growth during the pandemic — and as it becomes more integrated into our daily lives, it is likely that it will also continue to drive up house prices than inflation. That’s according to new research released Monday …

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The 'real cure' for inflation has been ignored, says Steve Forbes

The ‘real cure’ for inflation has been ignored, says Steve Forbes

The pound plunged to a record low on Monday morning in Asia, after the announcement last week by the new British government that it would implement tax cuts and investment incentives to boost growth. By focusing on raising interest rates to calm inflation, central banks and governments have overlooked the importance of keeping currencies stable, …

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Gas prices in the United States rose for the fifth straight day to $3.71 on Sunday, just over a week after the country's gas prices rose for the first time to $3.68 in nearly of 100 days, which marked the end of a historic sequence of declines.  prices driven by stronger supply and weaker demand for fuel

Gasoline prices rise for a fifth day to $3.417 a gallon after the Federal Reserve raises interest rates

The average price of a gallon of gasoline in the United States rose for the fifth straight day after interest rates set by the Federal Reserve rose to 3.25% amid fears of a global recession . On Sunday, the price of a gallon of gasoline was valued at $3.714 per gallon, the AAA reported. Oil …

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Food prices are skyrocketing, and it's changed the way we eat |  CNN Business

Food prices are skyrocketing, and it’s changed the way we eat | CNN Business

New York CNN Business — Lisa Altman prided herself on being able to eat whatever she wanted without worrying too much about the price. When she was growing up, seconds weren’t served and side dishes were rare. “My mom had a budget every week and she stuck to it,” she said. “As I got older …

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From the Fed to the currency crisis in Europe, here's what's behind this massive sell-off in financial markets

From the Fed to the currency crisis in Europe, here’s what’s behind this massive sell-off in financial markets

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened on Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could lead to much higher interest rates and a recession. Friday’s selloff was global, in a week the Fed …

From the Fed to the currency crisis in Europe, here’s what’s behind this massive sell-off in financial markets Read More »