Economy
Chicken Breast, Ground Beef, Pork Prices Set to Surge Higher
According to a new analysis, in the United States, meat and poultry prices are expected to rise, but more expensive cuts like steak should level out.
Evercore ISI issued a...
What Exactly Is The Democratic Party’s Build Back Better Strategy? It Seems A Lot Of People In America Aren’t Aware Of It
While Democrats in Congress debate the "Build Back Better" plan, the general public is more likely to be aware of the cost than the specific projects that would be...
Fed’s Preferred Inflation Gauge Rose 5.4%, Highest Since 1983
Thursday, the Commerce Department said that the Federal Reserve's preferred inflation indicator indicated increased price pressures in February, rising to its highest annual level since 1983.
The personal consumption expenditures...
Stocks Extend Losses To Cap Worst Quarter In 2 Years
Stocks dipped on Thursday, ending a tumultuous quarter in the negative, as investors assessed President Joe Biden's decision to release the largest amount of oil ever from the country's...
What a 180-Million-Barrel Oil Release May Mean for the Market
After a rumor that the Biden administration is considering releasing around 1 million barrels per day from its strategic reserves for several months, oil plunged by more than $5...
Why An Inverted Yield Curve Is A Bad Tool For Timing The Stock Market
After a brief trip into inversion territory earlier this week, the yield on the 2-year Treasury note climbed above the 10-year yield on Friday, inverting that carefully monitored gauge...
