Yellen says China’s rapid buildout of its green energy industry ‘distorts global prices’

WASHINGTON (AP) – Treasury Secretary Janet Yellen criticized China’s expansion of production of solar energy, electric vehicles and lithium-ion batteries, saying that unfair competition “distorts global prices” and that “not just companies, but U.S. It also harms workers.” and workers around the world. ” Republican leaders push back against Janet Yellen over $110 billion energy […]
January home prices show steady annual gain, but month-to-month comparison tells another tale: Case-Shiller

Home prices are stable, but increased supply could help buyers. (iStock) The latest S&P CoreLogic Case-Shiller index shows home prices posted further gains in January, but prices are still slightly lower month-over-month. report. House prices are now 6% above levels at this time last year and up from 5.6% in the previous month. The 10-city […]
Gold prices rangebound as dollar reigns before more rate cues – Investing.com

Investing.com — Gold prices held in a narrow range in Asian trade on Wednesday as an overnight rebound was largely stalled by a stronger dollar ahead of further important signals on inflation and interest rates. The yellow metal has fallen from record highs over the past two weeks as dovish signals from other major central […]
Calif: Food Chains Lay Off Workers, Begin To Raise Prices Before Minimum Wage Hike In April

(Photo by Tim Boyle/Getty Images) OAN’s Brooke Mallory5:57 PM – Tuesday, March 26, 2024 Many California fast-food restaurants are now laying off employees and raising prices in anticipation of the significant negative impact the new $20 minimum wage law taking effect in April will have on food brands’ bottom lines. . advertisement according to wall […]
Trader Joe’s increased banana prices for the first time in over 20 years

This is a banana. Trader Joe’s has increased the price of bananas for the first time in the store’s history. The price of a banana at the grocery store chain has remained the same for 25 years at 19 cents, but inflation has hit the staple item hard, leading to a 20% price increase. Trader […]
Gold prices muted amid scant trading cues; copper reverses course By Investing.com – Investing.com

©Reuters. Investing.com — Gold prices fell slightly in Asian trading on Tuesday on hopes for a key signal on U.S. inflation and the Federal Reserve refrained from large trades, while recent dollar strength also weighed on the market. It became. Among industrial metals, copper prices have fallen sharply since Monday as traders took profits from […]
Palm Beach’s bonkers home prices are finally falling

In a land where pastel polo shirts and bleached blondes are all the rage, is there an affordable haven? Let’s go fishing. But for home hunters intent on targeting spooky Palm Beach, there is some relief in sight. “We’ve been in a frenzy where prices have more than doubled over the past four years,” said […]
Bitcoin ETF demand could rise as prices drop, crypto analyst suggests – Cointelegraph

The spot Bitcoin ETF market has been sluggish recently due to the fall in Bitcoin prices. Despite this continued decline in net flows, Ki Yong-joo, a prominent analyst and CEO of CryptoQuant, predicts a potential revival of the spot Bitcoin ETF market. in post In X on March 22nd, Ki Yong-joo shared that the net […]
Wall Street advises caution on gold prices next week, Main Street mashes the gas – KITCO

(Kitco News) – After last week’s price movement was driven by inflation statistics, the gold market was once again dominated by Federal Reserve and interest rate expectations, but trader sentiment appeared to be changing as the day went on. . Immediately after Wednesday’s FOMC meeting, the market accepted and went along with the Fed’s plans […]
Gas prices rise as spring season approaches: AAA

Gasoline prices rose by double digits as crude oil prices rose slightly. (iStock) Spring is finally here, and gasoline prices are expected to rise. Gasoline prices rose an average of 11 cents this week, according to AAA. Weekly report. The average gas price is currently $3.52 per gallon. “Gasoline prices are very similar to seasonal […]