General inflation is easing, but the prices of some food items are not going down anytime soon. And the reasons are largely out of the Federal Reserve’s control. The consumer Read more
Tag: soar
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +13.22% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car maker’s earnings Read more
Mazda Motor shares soar after guidance boost
Mazda Motor Corp. 7261, +7.99% shares rose sharply Friday morning after the Japanese auto maker boosted its full-year earnings guidance following strong quarterly results on higher shipment and selling prices. Read more
The U.S. dollar continues to soar: What that means for the stock market and investors
Amid all of 2022’s wild volatility, there’s one thing that investors can still count on: the soaring U.S. dollar. The ICE U.S. Dollar Index DXY, +0.68%, which measures the U.S. Read more
Halloween spending expected to increase by $500 million — as candy prices soar at the highest rate on record
It’s going to be a big year for Halloween, despite millions of Americans feeling under financial pressure due to inflation. Total spending is expected to hit $10.6 billion, an increase Read more
Halloween spending expected to increase by $500 million — as candy prices soar at the highest rate on record
It’s going to be a big year for Halloween, despite millions of Americans feeling under financial pressure due to inflation. Total spending is expected to hit $10.6 billion, an increase Read more
Wells Fargo failing customers as Zelle scams soar, Sen. Warren charges in letter
Sen. Elizabeth Warren is tightening the pressure on Wells Fargo CEO Charles Scharf, just one among major bank executives that the Massachusetts Democrat is targeting amid evidence of repeat fraud Read more
EU-area inflation hits 10%, as electricity, natural gas prices soar
FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter Read more
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Read more
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