Record Inflation Will Jack up the Price of Your Next Phone

Jan 6, 2023

U.S. Sen. Todd Young (R-ID) references a chart on rising costs during a press conference on inflation, at the Russell Senate Office Building on February 16, 2022 in Washington, DC Photo: Kevin Dietsch (Getty Images) If you’re already struggling with pain at the pump and rising prices of everything from ramen to rent , buckle up for some more unpleasant news. The fastest inflation increase in four decades means a year of pricier phones, laptops, and other gadgets as well. Whil ...read more

Inflation spirals to 8.5%, no surprise according to the Federal Reserve Bank of Cleveland - Kitco NEWS

Jan 6, 2023

Hawaii Six O - Gary Wagner Kitco Commentaries | Opinions, Ideas and Markets Talk Featuring views and opinions written by market professionals, not staff journalists. Today the BLS (Bureau of Labor Statistics) released its CPI inflation report for March 2022. The report showed that inflation had risen to 8.5% when compared to the inflation level in March 2021. When compared to month-over-month levels, inflation rose 0.6% as February's level of inflation came in at 7.9 ...read more

Brazil should keep inflation targets despite shocks, says central bank nominee - Reuters Canada

Jan 6, 2023

Register now for FREE unlimited access to Reuters.com BRASILIA, April 5 (Reuters) - Diogo Guillen, who was nominated to the board of Brazil's central bank, said on Tuesday that it seems appropriate to keep the government's current inflation targets despite recent price shocks, stressing that policymakers already forecast inflation close to target next year, on its relevant policy horizon. Guillen, tapped to be economic policy director for the central bank, was addressing the economic affa ...read more

(VIDEO) Could Record Inflation and Interest Rate Hikes Lead to Recession?

Jan 6, 2023

    Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee ...read more

(VIDEO) Could Recent Inflation Lead to Recession?

Jan 6, 2023

    Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee f ...read more

Biden Plan Would Release a Million Barrels of Oil a Day From Reserve

Jan 6, 2023

March 30, 2022, 9:37 p.m. ET March 30, 2022 March 30, 2022 A Strategic Petroleum Reserve site in Texas. Credit... F. Carter Smith/Polaris, for The New York Times WASHINGTON — President Biden is considering a plan to release one million barrels of oil a day from the Strategic Petroleum Reserve for as long as 180 days, a move that would add a large amount of oil to the global market, according to a person familiar with the Whi ...read more

Report: High Inflation Driving Seniors Back to Work

Jan 6, 2023

Report: High Inflation Driving Seniors Back to Work Isaac Nuriani    | Apr 15, 2022 Relentless inflation pressures demand seniors keep working. Higher prices mean retirement will become a “luxury” says one older worker. Listen to the Article Digest Your browser does not support the audio element. Inflation simply refuses to get off of our backs. As you likely know by now, the year-over-year consumer price index (CPI) for March grew at 8.5%. The last time we saw CPI ...read more

(VIDEO) Could Recent Inflation Lead to Recession?

Jan 6, 2023

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Pr ...read more

Jackson Confirmation Aside, G.O.P. Sees an Opening With Black Voters

Jan 6, 2023

With inflation, war and the pandemic looming larger, Democrats who hope that the browbeating of Ketanji Brown Jackson will rally Black voters behind their candidates may be disappointed. Judge Ketanji Brown Jackson listened as Senator Ted Cruz, Republican of Texas, spoke during her confirmation hearing. Credit... T.J. Kirkpatrick for The New York Times April 8, 2022 Sign Up for On Politics, for Times subscribers only.  ...read more

Amazon hits US sellers with a 5 percent fuel and inflation surcharge

Jan 6, 2023

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Analysis: This could be the new sneaky big issue of the 2022 election

Jan 6, 2023

(CNN)With all the focus of late on inflation and its impact on the coming midterm elections, we may be overlooking another issue gaining traction among the American public: immigration. More than 4 in 10 Americans told Gallup in March that they have a "great deal" of worry about "illegal immigration," which is how the firm framed the issue in its survey. That number, which was consistent with Gallup's polling last year as well, is on the high end of their survey findings on the issue over t ...read more

Inflation Won’t Be “Tamed” by Fed Rate-Hike Efforts Says Credit Suisse

Jan 6, 2023

Inflation Won’t Be “Tamed” by Fed Rate-Hike Efforts Says Credit Suisse Isaac Nuriani    | Apr 8, 2022 Banking giant says interest rates should be much higher to effectively confront rising prices. Retirement savers should consider strategies to help mitigate a loss in purchasing power. Listen to the Article Digest Your browser does not support the audio element. Three weeks ago, the U.S. Federal Reserve raised interest rates for the first time in more than three y ...read more

Biden blames Putin for inflation, warns war in Ukraine will 'continue to take its toll' on economy

Jan 6, 2023

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UK executives expect high inflation to squeeze profits - Deloitte - Reuters

Jan 6, 2023

Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com LONDON, April 19 (Reuters) - More than seven out of 10 chief financial officers (CFOs) at Britain's biggest companies expect high inflation to reduce their profit margins, and few see the Bank of England getting inflation under control in the next couple of years. A quarterly survey from accountants Deloitte showed a record 98% of CFOs expec ...read more

(VIDEO) Could Record Inflation and Interest Rate Hikes Lead to Recession?

Jan 6, 2023

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Pr ...read more