RETAIL PRICES RISING MORE QUICKLY Retailers, both online and in physical spaces, are updating prices often, sometimes more than...
Tag Archive for: feb 8 2022
FRONTIER, SPIRIT AIRLINES AGREE TO $6.6-BILLION MERGER The U.S.’s two largest discount airlines have agreed to merge to create...
On 2 February, Brazil’s central bank lifted its overnight interest rate by 1.5 percentage points, the third recent increase...
Foreign investors rid themselves of $4.5 billion worth of Indian stocks in January, the largest flight since the COVID...
On 3 February, shortly after the European Central Bank announced it would not raise rates yet, the Europe-wide Stoxx...
The Bank of England’s (BOE’s) monetary policy committee added another quarter of a percentage point to its prime rate,...
Inflation in Turkey reached an annual rate of 48.7 percent in January, speeding past December’s pace of 36.1 percent,...
While the U.S. has been ending its military and political entanglement in Iraq, China has quietly been extending its...
Canada’s economy erased 200,000 jobs in January, almost double the 110,000 economists had forecast, due to far-reaching restrictions on...
Last Wednesday, President Biden stayed up past his bedtime to watch American troops launch a dead of night operation...
For the eighth consecutive month, the Organization of Petroleum Exporting Countries and its ally nations (OPEC+) plan to raise...
Kinks in the world’s supply chains may last through this year or even into next year, Ngozi Okonjo-Iweala, director-general...
In January, world food prices rose to levels not seen since 2011, according to a 3 February report by...
After experiencing the world’s worst economic contraction during the COVID War, Latin America faces a future of galloping inflation,...
In its meeting on 3 February, the European Central Bank’s (ECB’s) governing council agreed that it should not rule...
Around the world, investors sold bonds on 3 February as central banks acted, or hinted at impending actions, to...
New orders for U.S. factory-made goods fell 0.4 percent in January, the largest month-to-month decline since April 2020 at...
During the COVID War, consumers bunkered at home and focused their spending on buying “stuff” while restaurants, gyms, and...
The U.S. economy gained 467,000 new jobs in January, the U.S. Labor Department reported. The gain defied predictions that...
While essentially unreported in the United States, and chastised when it was, the human rights group Amnesty International said...