CPI report August 2023: Inflation rose 0.3%
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price index, which measures costs …
Consumer prices
Bond yield jump is not death to equities: BofA’s Savita Subramanian
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a …
How Wall Street’s REIT giants are reshaping U.S. real estate
U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is …
Don’t count out more rate hikes due to jobs: fmr Fed governor Kroszner
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University of Chicago economics professor, believes rates are staying high into …
Southeast Asia turns to alternative meats as fight against climate change ramps up
Packages of “Impossible Burger” and Beyond Meat sit on a shelf for sale on November 15, 2019 in New York City. Vegetarian alternatives to burgers and sausages are enjoying a …
CPI inflation July 2023: Inflation rose 3.2% annually
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated …
High prices are still a problem
Gas station signboards display prices in Bethesda, Maryland on August 6, 2023. Mandel Ngan | AFP | Getty Images Thursday’s consumer price index report likely will show that the pace …
consumer prices: Wall St Week Ahead: Inflation report, bond yields in focus as US stocks rally pauses
A highly awaited inflation report and elevated bond yields offer the latest test to a U.S. stock rally that has delivered hefty gains this year. The benchmark S&P 500 index …
Low Fed interest rates reshaped the U.S. economy; here’s what’s next
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Frozen food grocery sales vs. critical cold storage supply chains
Americans love frozen food. Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the …