A statue of the Euro stands in front of the former European Central Bank headquarters in Frankfurt, Germany, on Sunday, July 3, 2016. Christian Boxey | Bloomberg | Getty Images The euro approaching parity with U.S. dollar For the first time in 20 years, currency strategists are divided over whether it will get there, and … Read more
David Sekera of Morningstar thinks the market sell-off looks overdone — and reveals which tech stocks he thinks are attractive right now, as well as his choices for riding the resurgence of consumer spending. After years of beating the market, tech stocks have fallen this year as expectations of a hard tightening by the Federal … Read more
Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline prices are an alternative ticket to consumers’ wallets this summer, as supply shortages and uncertainty in Ukraine could drive up fuel costs sharply. Gasoline prices are up around $5, and look like they’ll stay high even after the … Read more
Consolidation of Target, Walmart, Lowe’s, and Home Depot stores. Reuters To what extent can the American consumer bear a rise in inflation rates? This depends on who you ask. Four major retailers – WalmartAnd GoalAnd Home Depot And Louie They announced their quarterly financial results this week, and each offered a different view of where … Read more
Energy workers inspect photovoltaic power generation facilities at a 35MW “complementary fish light” photovoltaic power plant in Binhai New District, Haiyan City, east China’s Jiangsu Province, on March 15, 2022. Costphoto | Future Publishing | Getty Images Record-breaking coal and gas prices have pushed up prices for consumers and businesses alike, but there may be … Read more
The UK’s Office for National Statistics said its estimates indicated that inflation could have been higher “sometime around 1982.” Justin Thales | Afp | Getty Images Official figures revealed on Wednesday that UK inflation jumped to a 40-year high of 9% in April as food and energy prices escalated, escalating the country’s cost-of-living crisis. Consumer … Read more
China has shown signs of easing its crackdown on the technology sector that has wiped out billions of dollars from the value of its flagship companies. But analysts said Beijing’s recent positive rhetoric should not be confused with policy reversal. “I think the big tech companies will have a grace period maybe for the next … Read more
India has banned wheat exports as grain prices soar this year due to the Russo-Ukrainian war. T. Narayan | Bloomberg | Getty Images India banned wheat exportsIt became the latest country to do so with grain prices soaring this year in part because of the Russo-Ukrainian war. The war caused a sharp rise in wheat … Read more
Tennis pro Santa Barbara Dane Gingrich fell in love with Pickle Ball at first sight. I literally charmed him to his knees. “My husband introduced me to this sport maybe 3 and a half years ago, and I played for four hours non-stop,” Gingrich said. “there is no water. “And then I couldn’t walk for … Read more
More than four in five people in the UK are concerned about the rising cost of living and their ability to afford basic necessities such as food and energy over the coming months, according to a new survey. Tulga Akmen | Afp | Getty Images LONDON – A quarter of Britons skipped meals as inflationary … Read more
