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Egg Prices Decreased by 19.8% in June, a 61% Drop Since February

Egg Prices Decreased by 19.8% in June, a 61% Drop Since February

Egg Prices Drop Significantly in June Egg prices saw a significant decline in June, marking the third drop in just four months, with prices falling over 20% this time. According to the Labor Ministry, the fresh egg price index decreased by 19.8% from the previous month. Earlier this year, prices had dropped by 21.3% in […]

Third homicide victim discovered in Tonto National Forest since February

Third homicide victim discovered in Tonto National Forest since February

Tragic Deaths of Two Arizona High School Students Under Investigation High school students Pandora Kjolsrud, 18, and Evan Clark, 17, were discovered dead in a remote section of Arizona’s Tonto National Forest on May 27. Their deaths are being treated as homicides, as authorities investigate the circumstances surrounding the case, which has unsettling similarities to […]

GBP/USD Price Outlook: Climbs toward February 2022 highs near 1.3450

GBP/USD encounters immediate resistance at 1.3445, marking the peak since February 2022. The 14-day relative strength index (RSI) rises above 50, reinforcing the bullish sentiment. Initial support is identified at the 9-day EMA of 1.3339. The GBP/USD pair is expected to continue its positive trend for the third day in a row, hovering around 1.3430 […]

Mortgage rates rise, highest level since February

OSAIC Chief Market Strategist Phil Blancato discusses the Fed’s interest rate plans and the impact of tariffs on inflation on “making money.” Mortgage fees have skyrocketed this week, mortgage buyer Freddie Mac said Thursday as President Donald Trump’s tariffs led to instability in the bond market. Freddie Mac’s latest primary mortgage market research, released Thursday, […]

Fed’s favored inflation gauge showed prices ticked higher in February

Federal Reserve Chair Jerome Powell explains how policymakers work to determine whether tariffs are already contributing to sustained inflation. The Federal Reserve's priority inflation gauge showed prices rose in February at a pace that continued to surpass central bank target levels amid ongoing efforts to deprive inflation. On Friday, the Commerce Department reported that the […]

U.S. Durable Goods Orders Surge Well Above Expectations in February

Durable goods orders rose 0.9% to $289.3 billion, according to a Commerce Department report released Wednesday. Economists had predicted a 1.0% decline, but instead, companies continued to invest heavily in large ticket items, especially in cars, computers and machines. Even excluding volatile transport due to large aircraft orders, new orders are up 0.7%, exceeding 0.3% […]