IRS weighs guidance for employee retention tax credit | CĮU Proposes $55 Billion Economic Support Package for Ukraine Over Four Years | W Hunter Biden to plead guilty to tax crimes, take gun charge deal | Cīiden to meet with AI experts in San Francisco | C It's official: Student loan payments will restart in October | CĬhris Christie battles Trump with big donors on his side | C US Housing Starts Surged in May Applications to Build Also Rose | B New US home construction surges by most in 3 decades in May | R Today’s Rate Hikes Threaten to Push Up Tomorrow’s Housing Costs | W Wall Street Buys More T-Bills, Parks Less at Fed | WĬhina’s Central Bank Cuts Loan Prime Rates | NĬhina Cuts Borrowing Rates Again in Bid to Juice Recovery | W S&P 500 ends lower, pausing rally with Powell testimony in view | R Stock-Market Rally Costs Bears $120 Billion | W … In China, inflation isn’t the problem post-lockdown economic weakness is. … In Europe, elevated inflation rates are dropping as well, even though the war in Ukraine grinds on. High rent inflation is buoying the headline CPI rate, but it should normalize as pandemic effects fade. Goods inflation already has plummeted from 14.2% y/y at its peak to 0.6% in May. As these continue to recede, so should inflation-and without further Fed tightening. High rates of US inflation are one of the pandemic’s many shockwaves. Latest Morning Briefing Executive Summary: Inflation Here & There Listen to the music play: Fed Chair Jerome Powell admits to being a Deadhead | Cįeds are buying your life with your tax dollars | P Supreme Court Justice Samuel Alito took ride on Paul Singer plane | C Pandemic Learning Slide Continues for 13-Year-Olds, Making Full Recovery Unlikely | W US Warns of China’s IP-Theft ‘Playbook’ for AI, Advanced Tech | Bīitcoin Bonanza on Tap if BlackRock ETF Is Approved | W Tech: Small tech companies are staying remote to attract workers, while Big Tech goes back to the office | VoxĬhatGPT Told Softbank’s Masayoshi Son His Ideas Are Great. Ukraine offensive 'slower than desired', Zelenskiy says Putin sees 'lull' | RĬonsumer: What Costco’s Baskets Reveal About Consumer Finances | WĬonsumer: FTC sues Amazon over 'deceptive' Prime sign-up and cancellation process | CĬonsumer: Amazon Prime Day 2023 sale runs July 11 and 12 | C Western Countries Look for More Ways to Help Fund Ukraine’s Reconstruction | WĮU approves 11th sanctions package against Russia over Ukraine | R Tracked Huawei, ZTE Workers at Suspected Chinese Spy Sites in Cuba | W Inside China's spy war on American corporations | C Modi’s Vision for India Rests On Six Giant Companies | Wīiden labels Chinese President Xi a dictator | CĬhina Lashes Out at U.S. German recession will be sharper than expected: Ifo | RĮuropean Business Confidence in China Falls to Record Low, Poll Shows | W Why Supreme Court hasn't decided on Biden's student loan forgiveness | C Taxpayer experience in 2023 'vastly improved' compared with 2022: Report | C Teenagers are in high demand as summer hiring surge gets under way | CĬhuck Schumer Joins Crowd Clamoring for AI Regulations | W Weekly mortgage demand flat, interest rates drop for the third straight week | CĬan I Buy a House? Listing Plummet as High Rates Tie Owners Down | B Powell: Half-point of additional hikes a "good guess" of policy outcome | Rįed’s Powell Testifies in US House on Monetary Policy: 5 Key Takeaways | Bįed’s Raphael Bostic Says Bar to Justify Further Interest Rate Hikes Is Higher | Bįorget the Fed, and Focus on the Economy | W Powell expects more Fed rate hikes ahead as inflation fight 'has a long way to go' | Cįed’s Powell Says Higher Interest Rates Needed to Curb US Inflation | B What a Fed Interest-Rate Pause Means for Your Money | W Meta Platforms' return to growth index highlights annual Russell refresh | R TIPS Ladder Funds Don’t Yet Exist, but They Should | Morningstar Wall Street slips as Powell hints at further rate hikes | R … And: When the solid-state batteries for EVs now being developed become commercialized, the much greater driving range they offer may be just the shove the EV market needs to take off. On the bright side, fuel costs have fallen, and analysts are optimistic about improved results next year. Jackie examines the S&P 500 Transportation industry’s demand problem. Transport companies continue to report less freight to haul, as FedEx’s recent earnings report illustrated. Latest Morning Briefing Executive Summary: Transports & BatteriesĪs consumers continue to celebrate their freedom from Covid with vacations and other experiences, spending less on tangible things, not only retailers have felt the sting-and not only last year.
0 Comments
Leave a Reply. |