Nearly 80% of Americans now consider fast food a ‘luxury’ due to high prices
FOX Business’ Brian Bremberg looks at rising fast food prices under President Biden. Has drive-thru shopping become a luxury? A majority of Americans think so. Recent Research Implemented by LendingTree The survey found that meals have become so expensive that 78% of consumers consider fast food a “luxury” purchase. This photo shows In-N-Out Burger from […]
Oil Prices Set for Another Weekly Loss as Traders Focus on U.S. Interest Rates – OilPrice.com
Oil prices are on a downward trend again this week, with Brent crude expected to fall by around 3% over the weekend. Reutersand West Texas Intermediate are set to fall about 4% unless there is a last-minute reversal by the end of the day today. Crude oil prices are trading at their lowest levels in […]
Gold prices steady but head for steep weekly losses as rate cut hopes wane – Investing.com
Investing.com — Gold prices were steady in Asian markets on Friday, but the metal has fallen sharply throughout the week after slipping from record highs on concerns about higher U.S. interest rates for a long time. Interest rate concerns have pushed up prices and weighed on metals prices across the board, with copper also falling […]
Explosion in Fast Food Prices Hurting Joe Biden in 2024
Fast food prices are rising across America, even more than grocery and gasoline prices, and Axios’ leftists worry that this will hurt their beloved President Joe Biden. “Working-class voters are unhappy with President Biden’s economic policies, and the price of a Happy Meal may be a factor.” write The smooth-talking idiots at Axios: “Fast food […]
Gas prices hold steady to kick off Memorial Day weekend: AAA
Drivers are ready to get on the road this summer, and lower gas prices will help. (iStock) Gas prices stabilize, officially kicking off summer driving season, according to latest AAA data report. The national average price for a gallon of gas was $3.61, up just 1 cent from last week. However, AAA expects gasoline demand […]
Gold prices fall below $2400 on rate jitters, copper hit with profit-taking – Investing.com
Investing.com — Gold prices extended losses in Asian markets on Thursday, sliding further from record highs as renewed concerns about high interest rates dented demand for the metal as a safe-haven asset. Industrial metals also followed suit, with copper prices tumbling from record highs on profit-taking and dollar pressure, but prices of the red metal […]
Home sales drop in April amid high mortgage rates and rising prices
High mortgage rates and rising prices continued to put a damper on the spring home-buying season last month. Existing home sales in April fell 1.9 percent to a seasonally adjusted annual rate of 4.14 million, from a revised 4.22 million in March, the National Association of Realtors said Wednesday. Sales were down nationwide, with declines […]
Shiba Inu burn rate explodes 570% – Will prices follow suit? – AMBCrypto News
Shiba Inu price and market trends indicate a 570% increase in burn rate. An increase in daily active addresses and open interest suggests that market activity is high. In the current bullish cryptocurrency market, Shiba Inu [SHIB] That’s roughly in line with the overall trend, increasing 11.8% over the past week. Despite this growth, Shiba […]
Average age of US cars, trucks hits new record amid high prices for new vehicles
FOX Business’ Jeff Flock reports that auto repair costs have risen 33% in the past four years. As new vehicle prices remain high, the average age of cars and light trucks currently on the road in the U.S. will reach a new record of 12.6 years in 2024, according to vehicle registration data tracked by […]
Existing Home Sales Fall Amid Skyrocketing Prices and High Mortgage Rates
Sales of existing homes in the U.S. fell sharply in April as prospective buyers struggled with the prohibitively expensive housing market. The National Association of Realtors (NAR) announced Wednesday that home sales fell 1.9% in April to an annualized rate of 4.14 million units. The figure, which represents the number of homes that would be […]