Corporate profits have withstood raging inflation over much of the last year, but those good times may be ending. Profits stayed fat even as companies’ costs rose thanks to one simple trick: ...
The Producer Price Index dished up another nasty surprise, with the Services PPI leaping by 7.1% annualized, and with the Finished Goods PPI jumping by 4% annualized in January. During the current ...
Proposals to rein in Corporate America’s profits, like the windfall tax that President Joe Biden wants to slap on oil drillers, are easy to dismiss as bluster. And yet, they’re an uncomfortable signal ...
The Fed began raising “interest rates” on March 16, 2022. At the time the dollar price of gold was $1,936. 525 basis points worth of hikes later, the dollar price of gold sits at $2,041. Why the ...
TOLEDO, Ohio (WTVG) - For the Fat Tuesday holiday, one local bakery is trying to keep its tradition of nearly four decades alive. However, with the prices of ingredients on the rise, it is proving to ...
FILE - A display shows most indices up on the floor at the New York Stock Exchange in New York, Tuesday, Oct. 4, 2022. Corporate profits have withstood raging inflation over much of the last year, but ...