China’s retail sales and industrial production as well as fixed asset investment grew more than expected during the January to February period, signaling a strong start to the year. Retail sales advanced 6.7 percent on a yearly basis in January to February period, data from the National Bureau of Statistics showed on Tuesday. This was bigger than the economists’ forecast […]
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In the dark of night on March 4, Italian police in the Ligurian port of Imperia encircled a 215-foot superyacht belonging to Russia’s fourth-richest person, Alexey Mordashov. The European Union had sanctioned the billionaire on February 28, days after Russia’s invasion of Ukraine. His extensive holdings in Europe — including “Lady M,” with its swimming pool and beauty salon — […]
Read moreYou may be able to reduce or take a break from monthly mortgage, life insurance and pension payments As the cost of living crisis deepens, you may be assessing your regular monthly outgoings and looking for things you can cut back on. If you are lucky enough to be a homeowner, your biggest monthly expense is likely to be your […]
Read moreWheat prices hit 14-year high as food shortage fears rise FOX Business correspondent Lydia Hu has the latest from Eastchester, New York, on ‘Cavuto: Coast to Coast.’ Metal prices are surging to record highs as the commodities remain in short supply exacerbated by the war in Ukraine. The crunch is threatening to increase the costs of goods from cookware to […]
Read moreDiesel prices highest since 2008 Higher diesel prices have a domino effect on the economy. Many Americans are penny-pinching as the cost of food – and just about everything else – has gone up. As of Tuesday morning, the average price truck drivers were paying at the pump for diesel was $4.77, according to SONAR, a fuel tracking company. That’s […]
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Reflecting a jump in imports and a steep drop in exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened by more than expected in the month of January. The Commerce Department said the trade deficit widened to $89.7 billion in January from a revised $82.0 billion in December. Economists had expected the deficit to […]
Read moreFar-left Dems using situation in Ukraine to attack the Constitution Rep. Pat Fallon discusses Democrats attempting to attack the U.S. Constitution and Pelosi’s power eroding as 31 House Dems are set to leave on ‘The Evening Edit.’ Soaring commodity prices, sweeping financial sanctions and the potential for a ban on energy imports from Russia after it invaded Ukraine are threatening […]
Read moreSanctions having ‘immense’ impact on Russia: World Bank president World Bank President David Malpass, in a wide-ranging interview on ‘Cavuto: Coast-to-Coast,’ provides insight into the Russia-Ukraine conflict. Investors are starting to buy Ukrainian and Russian bonds that plummeted to discounted prices, betting that they will recover if the war between the two countries comes to an end. The trade is […]
Read moreWorld Bank president on Russian-Ukraine war: ‘Huge supply shock’ going on World Bank President David Malpass says the U.S. and Europe has put in ‘strong sanctions,’ and it impacts world oil trade and food. Russia’s invasion of Ukraine is creating a "huge supply shock" that will impact world oil and food, World Bank President David Malpass warned Friday. "The U.S. […]
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