ECB’s Lagarde Says Eurozone Inflation Could Move Higher

European Central Bank President Christine Lagarde said Monday that it was possible that the euro area inflation could become stronger, but the risks of such a scenario were limited. “While inflation could prove weaker than foreseen if economic activity were to be affected by a renewed tightening of restrictions, there are some factors that could lead to stronger price pressures […]

» Read more

This Town Has the Highest Poverty Rate in America

The U.S. Census Bureau has just released its “Income, Poverty and Health Insurance Coverage in the United States: 2020” report. Last year, the poverty rate for America was 11.4%, which was up 1% from 2019. Much of the increase was blamed on the COVID-19 pandemic. It was the first year poverty rose after five years in a row of declines. […]

» Read more

Jerome Powell says Fed to change trading rules for central bank officials

Experts react to Fed Powell’s statement that inflation is ‘temporary’ Laffer Tengler Investments CIO Nancy Tengler and Wuill Intelligence LLC CEO Danielle DiMartino Booth discuss Chair of the Federal Reserve Jerome Powell’s press conference on ‘Making Money’ Federal Reserve Chairman Jerome Powell said on Wednesday the U.S. central bank's current rules dictating what its officials are allowed to invest in […]

» Read more

Carnival Cruise Line first to embark from New Orleans since pandemic: 'We've been waiting'

Maria Bartiromo’s Wall Street – Friday, September 17 Consumer prices, Mask mandates, Facebook toxic Carnival Glory departed from the Port of New Orleans for a week-long cruise Sunday, the first ship to embark from the city since the COVID-19 pandemic. The ship departed from the Erato Street Cruise Terminal and will make stops at the Bahamian destinations of Bimini, Freeport, […]

» Read more

Ford plans to add 450 jobs to ramp up F-150 Lightning production

Electric vehicle market ‘extremely powerful,’ lots of ways to play it: Expert Hood River Capital Management portfolio manager Brian Smoluch talks the best investments after Dow’s longest losing streak since June 18. Ford Motor Co. is staffing up in order to meet strong demand for its all-electric F-150 Lightning truck.  The Detroit-based automaker will invest an additional $250 million and […]

» Read more

Property values are at risk in climate change hot spots, RBA warns

Property in parts of Australia exposed to climate change and wild weather could experience valuation declines that leave banks with less protection in the event of a default, according to Reserve Bank research. About 3.5 per cent of dwellings in Australia already fall under an international definition of being at “high risk” from climate damage, RBA economists Kellie Bellrose, David […]

» Read more

White Castle CEO says US labor shortage 'more challenging' at some locations

White Castle CEO Lisa Ingram: US labor shortage ‘more challenging’ at some locations White Castle CEO Lisa Ingram on how inflation and labor shortages have impacted her business, which was America’s first fast-food hamburger chain. The CEO of America's first fast-food hamburger chain said the U.S. labor shortage has hit some locations harder than others. "In some of our locations, […]

» Read more
1 2 3 4 5 82