Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game
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Biden has signed the Inflation Reduction Act. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday signed into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug...
Rising Food Prices Could Become a Business Risk, Analysts Say
Rising global food prices and shortages of grain and fertilizer stemming from the war in Ukraine could create further economic turmoil, risk analysts said. In...
Social Security Benefits Are Heading for the Biggest Increase in 40 Years
Social Security recipients are on track to receive the highest cost-of-living increase in more than four decades next year. Social Security checks get an inflation...
Carvana rivals’ stocks plunge after earnings
[ad_1] While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus...
Home Sellers Cut Prices as Housing Market Cools
Listen to article (1 minute) There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
‘The Fed Unbound’ Review: Whose Money Is It Anyway?: WSJ
There are many good reasons to decentralize the power of money creation. But the Federal Reserve has let things get out of hand. [ad_2] Source...
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and...
The Upper Middle Class Is Getting Squeezed
By Dion Rabouin | Photographs by Dina Litovsky for The Wall Street Journal July 25, 2022 5:30 am ET Mark Yu had a profitable pandemic....