3 Ways Kevin Warsh Will Change the Fed The Senate has confirmed President Trump's nominee, and though he can't cut rates all by himself, there are three things Kevin Warsh can do to change the Fed. Kiplinger · May 4
Third RBA rate hike might not be the end for borrowers Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February. AAP · May 4
Goldman: AI will save the economy someday. First, it has to stop inflating it The AI productivity boom hasn't quite arrived yet, but the inflation from building it has. Maybe Gen Z is onto something with their AI rebellion. Fortune · May 4
Georgia Shoppers These Grocery Items Just Dropped in Price And Where You Will Save the Most Fighting food inflation feels like a constant battle for families trying to manage their weekly household budgets. However, recent agricultural data offers a glimmer of hope for residents shopping across the southeastern states. The cost of several essential pantry staples is finally trending downward as regional supply chains stabilize this… Grocery Coupon Guide · May 4
5 Grocery Staples That Recently Switched to Lower Cost Ingredients Food inflation is forcing large corporate brands to make difficult decisions regarding their classic recipes. Maintaining their current shelf prices requires cutting costs deep within their agricultural supply chains. Many beloved pantry staples are quietly undergoing significant chemical alterations to protect corporate quarterly profits. Shoppers are noticing that their favorite… Grocery Coupon Guide · May 4
UK food prices set to rise 50 per cent by November as cost-of-living pressures persist As the clock ticks toward November, UK families are bracing for an alarming 50% hike in food prices, a stark reminder of the ongoing cost-of-living crisis. Factors such as climate change, disrupted supply chains, and erratic energy prices are driving this inflationary tide, hitting essentials like pasta and olive oil… The Times of India · May 4
Beef Up 64%, Olive Oil 113%: UK Food Prices To Skyrocket 50% — 'Children Will Go Hungry' ECIU analysis warns UK food prices will be 50% above 2021 levels by November, with the poorest households hit hardest by surging staple costs. International Business Times UK · May 4
UK food prices on track to rise by 50% since start of cost of living crisis Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggests The Guardian - UK · May 4
Stocks Set to Open Lower as Oil Prices Climb on Renewed Middle East Tensions, U.S. Jobs Data and Earnings Awaited June S&P 500 E-Mini futures (ESM26) are down -0.12%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.10% this morning, pointing to a lower open on Wall Street as oil prices surged amid renewed tensions in the Middle East. Barchart · May 4
Jobs, Earnings and Other Key Things to Watch this Week Markets enter a big week following last week's Federal Reserve meeting and mega-cap technology earnings convergence, with focus now shifting to Friday's April jobs report at 8:30am that will provide insights into labor market health amid geopolitical uncertainties and energy-driven economic pressures. Barchart · May 3
The Hormuz hike: why the RBA is predicted to deliver a third straight interest rate rise this week While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation The Guardian - AU · May 3
Young Americans have soured on Trump The president’s approval rating with those under 30 has plummeted as he has failed to deliver on promise after promise The Guardian - US · May 3
Retirement Budget Drift: 4 Small Upgrades That Quietly Add $500-Plus a Month to Your Spending Financial experts explain retirement budget drift -- dining out, subscriptions and convenience upgrades that slowly push retirees’ monthly spending higher. GOBankingRates · May 3
Fed whisperer splits on Powell: A+ as steward, but ‘I don't think you could give him high marks on the economy’ "I think they made a lot of mistakes under his leadership, on the economics and the monetary policy." Fortune · May 3
The Economic Times · May 3 Charting the global economy: ECB is leaning toward rate hikes Economic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencing these decisions.
AAP · May 3 Close call tipped as Reserve Bank mulls third rate hike Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.
Fortune · May 2 Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook "In a 'Fiscal Dominance' regime, the Fed's ability to aggressively hike rates to curb inflation is constrained, as doing so risks a fiscal or financial crisis."
Saving Advice · May 2 $100 Oil Shock: 3 Ways This Week’s Price Spike Could Hit Your Retirement Budget Fast If you’ve noticed gas prices climbing again, you’re not imagining it, and it’s not just about what you pay at the pump. Recent global tensions...
Fortune · May 2 The American household just took an 81% margin cut. Wall Street hasn’t priced it in The economy is treating the oil shock like a temporary inflation problem. It's actually a household solvency problem, and the risk is radiating.
GOBankingRates · May 2 Financial Advisors: 5 ‘Safe’ Investments That Might Not Be Safe for Retirees Bonds, dividend stocks and cash seem safe in retirement, but advisors explain how these investments can increase risk, hurt income and fuel inflation loss.
The Economic Times · May 2 Fossil fuels no longer offer security. Clean energy can While historical energy crises spurred renewable adoption, current economic conditions like inflation and high interest rates pose investment challenges. Despite these obstacles, growing public support and the undeniable security benefits of renewables are driving continued progress.
Barchart · May 1 S&P 500 and Nasdaq 100 Post Record Highs on Solid Earnings The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.94%. June E-mini S&P futures (ESM26 ) rose +0.19%, and June E-mini Nasdaq futures...
Barchart · May 1 Dollar Rebounds as Trade Tensions Resurface The dollar index (DXY00 ) on Friday rose +0.12%. The dollar recovered from a 2-week low on Friday and finished higher. Tariff tensions resurfaced on Friday, pushing the dollar higher, after President Trump threatened to raise tariffs on European automobile imports to as high as 25%. The dollar initially moved...
Everybody Loves Your Money · May 1 Why Your Property Taxes Keep Rising—Even When the Market Slows Property owners often expect tax bills to fall when home prices cool off, but that expectation rarely lines up with reality. Local governments don’t adjust tax rates as quickly as the housing market shifts, and that lag creates a frustrating disconnect. Even when buyers hesitate and listings sit longer, municipalities…
Barchart · May 1 Stocks Climb on Strong Earnings and Crude Oil Weakness The S&P 500 Index ($SPX ) (SPY ) today is up +0.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. June E-mini S&P futures (ESM26 ) are up +0.43%, and June E-mini Nasdaq futures...