Turkey prices are down. A deadly bird flu could change that
By Danielle Wiener-Bronner, CNNNew York (CNN) — Egg and turkeyprices are down. But a deadly bird flu is still…
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Oil Prices Climb Even As Payroll Report Surprises | OilPrice.com
By Julianne Geiger - Aug 05, 2022, 10:25 AM CDT
Total nonfarm payrolls rose by 528,000 in July, well above expectations of a decline to 250,000.
WTI crude jumped from…
Powell’s Jackson Hole speech comes with Fed and the market on different pages
The Federal Reserve keeps telling the market it's serious about conquering inflation even if that means damage elsewhere. But the market is still having a hard time taking it seriously. So it will be up to Fed Chairman Jerome Powell next…
OPEC+ makes small trim to world oil supplies as prices fall
FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economyMonday, underlining their unhappiness as recession fears help drive down crude prices — along…
China leaves benchmark lending rates unchanged; Japan stocks briefly touch 33-year highs
An Hour AgoBOJ should shun ultra-loose policy to support yen, Deutsche Bank saysAmong major central banks, the Bank of Japan has been most notorious for its ultra-loose monetary policy, but that must come to an end soon to support the…
Asia markets rebound after heavy sell-off; former China premier Li Keqiang dies
2 Hours AgoChina industrial profits fall in Jan-Sept periodChina's industrial profits fell in the first nine months from a year earlier, according to data released by the government.Profits at industrial firms shrank by 9% in the January…
Asia markets ease after Powell comments
4 Hours AgoOil settles slightly higher after sell-off this weekOil settled slightly higher on Thursday but still hovered at three-months lows after a sell-off this week triggered by worries that demand is softening. Brent crude contracts…
LA County gas prices drop for 38th consecutive day
LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Monday for the 38th consecutive day, decreasing nine-tenths of a cent to $5.253.
The…
The Most Splendid Housing Bubbles in Canada: Prices Drop to where They’d Been 2 Years Ago,
From peak in March 2022, prices fell 15.6%, in Toronto 17.2%. But Calgary reached a new high (still waiting for the memo?).
By Wolf Richter for WOLF STREET.
Home prices in Canada dropped 1.6% in October from September, the fourth…
Gas prices dip, travel soars ahead of Labor Day weekend
The United States is getting a taste of normalcy this weekend as gas prices continue to decline and air travel begins to near pre-pandemic levels.
What You Need To Know
The United States is getting a taste of normalcy this weekend as…