Inflation quickens as Jan. IIP contracts
Retail price gains hit 3-month high of 5.03% in Feb. on food, fuel costs; industrial output shrank 1.6% Retail inflation quickened in February to 5.03%, a three-month high, spurred by … Read More
Category: Economy
How much stimulus is too much? Biden’s relief bill may have a nasty sting
How much stimulus is too much? That is the question US Federal Reserve chairman Jerome Powell will be asked at next week’s press conference. As President Biden signs into law … Read More
The US has radically changed how it deals with economic turmoil
American political leaders have learned a few things in the past 12 years, since the nation was last trying to claw its way out of an economic hole. Among them: … Read More
LPG consumption up 7.3% despite price rise: Oil companies
Cooking gas LPG consumption rose 7.3% in the last three months despite a steep price rise, with usage among the PMUY beneficiaries, who are mostly poor rural households, jumping near … Read More
Victoria’s Yallourn coal power plant to close early as clean shift slashes prices
Victoria’s largest coal-fired power station, Yallourn, will close four years earlier than scheduled, casting doubt over the future of hundreds of jobs. EnergyAustralia is licensed to run the brown coal-burning … Read More
Dow crosses 32,000 to all-time high after Senate clears stimulus bill
More On: stock market Tech rebound pulls stocks out of a slump and to weekly gain GameStop booster ‘Roaring Kitty’ testifies before Massachusetts regulators Dow adds 600 points as bond … Read More
Cryptocurrency Dogecoin jumps after Mark Cuban claims it could hit $1
More On: cryptocurrency Antivirus-software mogul charged with $13M crypto ‘schemes’ Cryptocurrency trading exploded last month after Tesla’s bitcoin buy Mark Cuban says he will sell Dallas Mavericks tickets for Dogecoin … Read More
Battlelines have been drawn for the next US-China stoush
The battlelines for the next phase of the tussle for economic and strategic supremacy between China and the US are being drawn, not directly in military capabilities but in a … Read More
Best TIPS ETFs for Q2 2021
Exchange-traded funds (ETFs) that invest in U.S. Treasury inflation-protected securities (TIPS) present a convenient way for investors to gain exposure to these government-guaranteed fixed-income instruments. TIPS are Treasury securities indexed … Read More
Explainer: Why rising rates are unsettling Wall Street
More On: stock market Berkshire’s Charlie Munger calls out investor gambling mentality, bitcoin Elizabeth Warren says GameStop retail investors were engaged in market ‘manipulation’ Key players in GameStop frenzy to … Read More