Core Producer Prices Rise 0.1%, Yet Rising Energy and Food Costs Push Overall Inflation Upward
Inflation Continues to Ease, September Shows Improvement A significant measure of goods and services pricing in the U.S. indicates that inflation has been decreasing as of September. The Core Producer Price Index, which doesn’t take food and energy prices into account, saw a rise of just 0.1%, according to data released by the Labor Department […]
Unusually Low Gas Prices Before Thanksgiving, ‘The Golden Age of Travel Begins with Everyone’
Travel for Thanksgiving 2023: A Positive Outlook “The Golden Age of Travel begins with all of us,” said Transportation Secretary Sean Duffy as the Thanksgiving travel season approaches, highlighting the benefit of low gas prices. “Now is a great time to visit family and friends for Thanksgiving. With gas prices at record lows, we can […]
Overview of Upcoming US Retail Sales, Producer Prices, and German GDP Data
The U.S. dollar (USD) experienced a slight decline on Friday, hitting a three-day low as investors anticipated additional interest rate cuts from the Federal Reserve. What to Watch for on Tuesday, November 25th The US Dollar Index (DXY) is under some pressure due to varied U.S. Treasury yields, testing the significant support level around 100.00. […]
DOJ reaches settlement in case against RealPage for allowing landlords to cooperate on high rental prices
Department of Justice Settles Lawsuit Against RealPage The Department of Justice has reached a settlement with RealPage, a tech company focused on real estate, following significant accusations that it created an algorithm that enabled landlords to collude and increase rents unlawfully, according to recent reports. The settlement was disclosed in a federal court in North […]
The smallest cattle herd in decades is contributing to higher beef prices.
U.S. Cattle Herds at Record Low American ranchers are currently dealing with the smallest cattle herds seen in 70 years. A combination of years of drought, escalating costs, and an aging workforce has severely impacted cattle numbers nationwide. Ranchers and agricultural economists seem to agree that rebuilding these herds will take quite a while, and […]
Gas Prices Drop in Denver Before Thanksgiving
Gasoline Prices Decrease Ahead of Thanksgiving Gasoline prices have seen a drop since President Trump took office, with some cities, like Denver, reporting prices below $3 a gallon just before Thanksgiving. Recent figures from a fuel tracking service show that the average price per gallon in Colorado is currently at $2.590, marking the lowest average […]
Newsom’s energy policies burden California with some of the highest gas prices in the country.
California’s Democratic Governor Gavin Newsom made a trip to Brazil in mid-November to promote his energy policies, but there are pressing issues back in California that can’t be ignored. Due to his initiatives, residents face some of the highest gas and electricity prices in the country. Many are suffering from an energy affordability crisis, which […]
Thanksgiving Meal Prices Drop to Lowest Level in Four Years
Annual Thanksgiving Dinner Cost Survey The Department of Agriculture’s 40th Annual Survey revealed that the average cost of a traditional Thanksgiving dinner for ten people is $55.18, which is a 5% decrease from last year. Despite claims from the administration that rising prices were “temporary” and largely due to brief supply shocks, the situation worsened […]
Car prices approach $50,000 for the first time as costs rise.
Car Prices Hit Record Highs as Buyers Face Challenges Recent trends show that car prices are climbing steadily, with the average cost of a new vehicle hitting nearly $50,000 for the first time in history. In October, the average transaction price was reported at $49,105, reflecting a 3.1% increase from the previous year. Ivan Drury, […]
US restarts $500M tender as cobalt prices rise
US Defense Department to Renew Cobalt Bids The US Department of Defense plans to reissue updated bids for cobalt, potentially worth up to $500 million, by the end of November 2025. Winning bids are anticipated in early February 2026, as reported. The Defense Logistics Agency (DLA) initially sought offers for around 7,500 tonnes of cobalt […]