Skandar Mrad, shown here on vacation in Italy, is looking for a home in the Los Angeles area. When Skandar Mrad decided late last year to buy his first house, his top priority was location. Mrad, a gay man living in the Los Angeles area, has spent much of his adult life commuting several hours …
Why LGBTQ homebuyers say rising mortgage rates are hitting them hard Read More »
The price of a foot of water pipe in Tucson, Arizona: up 19%. The cost of a ton of asphalt in a small Massachusetts town: up 37%. The estimate to build a new airport terminal in Des Moines, Iowa: 69% higher, with a several year delay. Inflation is taking a toll on infrastructure projects across …
Inflation taking bite out of new infrastructure projects Read More »
Check out what’s clicking on FoxBusiness.com. Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures on Sunday after Russia cut gas supplies to Europe last week, claiming technical problems caused by Western …
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe Read More »
A federal gas tax holiday to ameliorate the burden of soaring gas prices across the nation is an idea “certainly worth considering,” Treasury Secretary Janet Yellen told ABC’s “This Week” on Sunday. Driving the news: The national average price for regular gasoline spiked to a never-before-seen $5 per gallon earlier this month as the country …
US gas tax holiday is “worth considering,” Yellen says Read More »
Inflation is all investors can think about right now. How high will it go? How long will it last? Can it be curbed in the US without a major recession? There are useful comparisons to be made with the era of high inflation in the 1970s and early 1980s. But there are also many factors …
When trying to predict inflation in the US, remember the wild cards Read More »
This post was originally published on Tker.co. JPMorgan’s global economic research team just published note titled: “They will know I am the lord when I lay my vengeance on them.” The quote comes from Ezekiel 25:17. It was popularized in “Pulp Fiction” by fictional hitman Jules Winnfield — portrayed by Samuel L. Jackson — who …
JPMorgan economists evoke God in a chilling research Read More »
National Economic Council Director Brian Deese on Sunday said the White House is hoping to make progress on legislation to lower prescription drug prices and other costs “in the coming weeks.” Deese stressed to CBS “Face the Nation” moderator Margaret Brennan that combating high inflation levels remains the White House’s top economic priority. “Our focus …
Deese says new legislation is White House’s ‘single most impactful’ avenue on inflation Read More »
MARION, KY – Marion workers are on the edge as businesses they work for that rely on water may be approaching hard times. This comes after Marion declared a citywide emergency. At The Front Porch in Marion, Allie Geary is pulling double duty today as server and manager. In the back of her mind? What’s …
Marion’s water crisis leaves business owners worrying about the future | News Read More »
Airline staffing shortages, which are already disrupting summer vacation plans, could extend well into 2023, some industry officials say. The big picture: Airlines had two years and billions of dollars in government aid to make sure they were ready for passengers to return to the skies after the pandemic. But demand has snapped back so …
Airline staff shortages expected to last into 2023 Read More »
Ava Labs President John Wu argues he hopes customers are able to get out of Celsius account freeze. Bitcoin has fallen more than 70% in value since it hit its 2021 high of over $67,000, now worth just under $19,000. The leading cryptocurrency has taken a beating in 2022, continuing a decline that started in …
Bitcoin falls to near 19K, down more than 70% since 2021 high Read More »
