Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: march 22 2022
BANK OF JAPAN BUCKS TREND, LEAVES RATES NEGATIVE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 0Japan is an outlier. Last month, Japan’s core consumer price index—which excludes fuel and fresh food costs—declined. Prices overall...
Hitachi, Toshiba, Toyota, and other major Japanese corporations have increased annual salaries by the most in seven years as...
INDIA, RUSSIA FORMING NEW TRADE TIES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 3India is buying sanctioned Russian oil, the first step in what may become closer long-term trade ties. The two...
In the wake of a prolonged sell-off in Chinese stock markets, the government will take steps to “boost the...
IEA MEASURES URGED ON NATIONS A SIDE SHOW?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 0The International Energy Agency (IEA) is urging its 31 member countries to implement “emergency measures” to reduce oil demand...
BANK OF ENGLAND RAISES INTEREST RATE FOR THIRD TIME
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 0The Bank of England (BoE) raised its key interest rate to the pre-COVID level of 0.75 percent on 17...
PACE OF INFLATION RAVAGES BRITAIN’S ECONOMY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 0Inflation in the U.K. in January galloped at 5.5 percent, year over year, its fastest since 1992, driven by...
EUROPE’S INFLATION RATE SETS RECORD IN FEBRUARY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 0Consumer prices across the 27-member European Union swelled at an annual rate of 5.9 percent in February, the highest...
UKRAINE WAR WILL CUT GLOBAL ECONOMIC GROWTH
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 22 2022, 1Russia’s attack on Ukraine and resulting sanctions on Russia’s exports will inflate food and energy prices, disrupt global supply...
WILL AIRLINES TICKET SALES KEEP SOARING?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 1Travelers are flocking to the skies, U.S. airlines say, and in such high numbers that the carriers can cover...
The average monthly vehicle payment for any kind of car or truck is now $691, according to data service...
GEN X, MILLENNIALS: GOT NO RETIREMENT DOUGH
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 2About 45 percent of late-stage Millennials, those ages 18 to 35, are waiting for “normal” times to return before...
MORTGAGE RATES BREAK ABOVE 4 PERCENT FOR FIRST TIME IN THREE YEARS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 1For the first time since May 2019, interest rates for 30-year, fixed-rate mortgages have risen above 4 percent, the...
RISE IN HOME EQUITY IN 2021 OUTSTRIPS U.S. ANNUAL INCOME
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 1Last year, for the first time, U.S. homeowners gained more in value through the rise in the value of...
In February, 7.2 percent fewer previously owned homes sold than in the month before and 2.4 percent fewer than...
CONSUMERS SAY “NO THANKS” TO PRICIER ITEMS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 3Retailers are discovering the point at which higher prices mean falling sales. Macy’s added $100 to the price of...
PRODUCER PRICE INDEX DOWN, INDUSTRIAL OUTPUT UP
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 22 2022, 0The U.S. producer price index (PPI)—the prices that factories pay for their products’ components and raw materials—rose 0.8 percent...
New claims for unemployment benefits fell to 214,000 in the week ending 12 March, 15,000 less than the week...
Last month, American consumers kept on spending more, but at a slower rate of increase than in January. Retail...