inflation

A new billionaire has been minted nearly every day during the pandemic

A new billionaire has been minted nearly every day during the pandemic new York CNN Business — The Covid-19 pandemic has been good for the wallets of the wealthy. Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. That …

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EUR/USD sees establishment above 1.0600 on soaring market mood, Eurogroup meeting eyed

EUR/USD sees establishment above 1.0600 on soaring market mood, Eurogroup meeting eyed EUR/USD is looking to sustain above 1.0600 amid positive market sentiment. Mounting inflationary pressures in the eurozone have raised the odds of a rate hike by the ECB. In today’s session focus will remain on the Eurogroup meeting. The EUR/USD pair has continued …

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Inflation is rising, but fans are paying for NBA, NFL, other sports tickets

Inflation is rising, but fans are paying for NBA, NFL, other sports tickets People are changing their spending habits as prices surge at rates not seen in four decades, making choices that favor experiences. That means big demand for live sports. Demand for sports attendance is usually “unresponsive to price changes,” said Dennis Coates, a …

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Should You Buy Stocks With An Impending Bear Market And Possible Recession?

Should You Buy Stocks With An Impending Bear Market And Possible Recession? Bearish scenario in stock market with bear figure in front of red price drop chart. getty A late-day rally on Friday staved off what seems inevitable. If current trends hold, at some point soon, the market is likely to reach bear market territory …

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Sticker shock at the shore: ‘There’s nothing that didn’t go up.’ | Local News

Sticker shock at the shore: ‘There’s nothing that didn’t go up.’ | Local News Amy S Rosenberg The Philadelphia Inquirer OCEAN CITY — The price hikes were traveling up the Boardwalk the other day, as visitors tallied the rising cost of pizza, not to mention the small cotton-candy-flavored Polish Water Ice gelato, adding just a …

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Why Elizabeth Warren’s new ‘anti-inflation’ plan would fail miserably

Why Elizabeth Warren’s new ‘anti-inflation’ plan would fail miserably Upset about inflation? Do not worry. Sen. Elizabeth Warren (D-MA) “has a plan for that.” There’s just one problem: It’s terrible. Warren has repeatedly blamed Big Business and “corporate greed” for the surge in inflation that’s hitting families hard right now. Her proposed solution, along with …

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Fed’s Bullard says retailers who don’t understand that consumers are stretched thin by inflation are going to get ‘punched in the face’

Fed’s Bullard says retailers who don’t understand that consumers are stretched thin by inflation are going to get ‘punched in the face’ Retailers who endlessly raise their prices and don’t understand that consumers are stretched thin because of inflation are going to lose market share, said St. Louis Fed President James Bullard on Friday. “A …

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