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CNN Smerconish July 7, 2024



premiums all up. the cost of food consumed at home rose nearly 12%, food away from home, 7.4%. the gasoline index has increased 48.7%. the average national price of a gallon of gas this week, is at $5, highest in california at $6.42. trying to stem inflation, the fed said it will raise interest rates by three quarters of a percentage point, the biggest hike since 1994. new projections show interest rates may hit 3.4% by the end of the year, but because inflation is rising far faster than any of those rates, any money in savings is still being eroded. there s also a spade of layoffs adding to investor fears. cnn reports two u.s. real estate companies that had flourished in the pandemic announced layoffs of 8 and 10%. coin base laid off 18% of its staff. spotify plans to reduce hiring by 25%. elon musk, who already said he wants to lay off 10% of the tesla staff, is now intimating that if he acquires twitter, job cuts could follow. meanwhile, meanwhile, you ve got the jan ....

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Gold prices holding gains as U.S. PPI drops 0.5%, sees biggest decline since April 2020

Gold prices holding gains as U.S. PPI drops 0.5%, sees biggest decline since April 2020
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

Us Labor Department , Energy Index , Federal Reserve , Kitco News , Producer Price Index , Gasoline Index ,

Gold prices holding near two-week high following hotter-than-expected CPI; inflation rises 0.4% in September

Gold prices holding near two-week high following hotter-than-expected CPI; inflation rises 0.4% in September
kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.

Andrew Hunter , Us Labor Department , Federal Reserve , Energy Index , Kitco News , Consumer Price Index , Gasoline Index , Food Index , Capital Economics ,

CNN Smerconish June 4, 2024 13:01:00

Premiums all up. the cost of food consumed at home rose nearly 12%, food away from home, 7.4%. the gasoline index has increased 48.7%. the average national price of a gallon of gas this week, is at $5, highest in california at $6.42. trying to stem inflation, the fed said it will raise interest rates by three quarters of a percentage point, the biggest hike since 1994. new projections show interest rates may hit 3.4% by the end of the year, but because inflation is rising far faster than any of those rates, any money in savings is still being eroded. there s also a spade of layoffs adding to investor fears. cnn reports two u.s. real estate companies that had flourished in the pandemic announced layoffs of 8 and 10%. coin base laid off 18% of its staff. spotify plans to reduce hiring by 25%. elon musk, who already said he wants to lay off 10% of the tesla staff, is now intimating ....

Gasoline Index , 7 4 , 48 7 , Interest Rates , Stem Inflation , Percentage Point , 46 42 , Real Estate Companies , Investor Fears , U S , 3 4 , Elon Musk , Coin Base ,