Average price of a litre of unleaded reaches 135.13p, as global demand for oil increases after lockdowns end Last modified on Wed 4 Aug 2021 12.18 EDT UK petrol prices have hit their highest level in almost eight years amid growing demand for fuel as economies emerge from pandemic lockdowns. The price of petrol went up by 3.4p per litre […]
Read moreArt Laffer warns Biden’s policies causing ‘huge hindrance’ to US economic growth Former Reagan economist Art Laffer explains what he believes is needed to ensure long-term economic growth post-pandemic. Former Reagan economist Art Laffer told "Cavuto: Coast to Coast" on Wednesday that he is "terribly concerned" about "long-run growth" of the U.S. economy, especially given the Biden administration’s policies. Laffer argued that […]
Read moreNational Economic Council Director on whether US economic recovery is at risk due to Delta variant National Economic Council Director Brian Deese discusses the Delta variant’s impact on US economic recovery and the expiring eviction moratorium. The coronavirus delta variant has already led some officials to reinstate mask mandates, but Minneapolis Federal Reserve President Neel Kashkari warns that it could […]
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Revised data released by the University of Michigan on Friday showed consumer sentiment in U.S. decreased by slightly less than initially estimated in the month of July. The report said the consumer sentiment index for July was upwardly revised to 81.2 from a preliminary reading of 80.8 but remains below the June reading of 85.5. Economists had expected the index […]
Read moreBiden asking to extend eviction ban proves stimulus ‘failure’: Rep. Hill Rep. French Hill, R-Ark., argues the Biden administration has failed at successfully providing pandemic relief to landlords and tenants. The White House allowed a federal eviction moratorium to expire Saturday, urging Congress to take legislative action to keep it going and pushing for the distribution of billions of dollars […]
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How will the transition to a new monetary system hold up and what are the risks? The story so far: The Reserve Bank of India (RBI) recently said it will begin testing its own digital currency. In a speech, RBI Deputy Governor T. Rabi Sankar delved deep into the reasons for introducing a digital rupee and the possible risks. Several […]
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More On: inflation Price inflation is about to hit toys — just in time for the holidays Inflation hits e-commerce after years of lower online prices: data Aw shucks! Restaurants pull seafood from menus, hike prices amid inflation Biden’s inflation-boosting spending will undo his own policy goals A key inflation indicator rose 3.5 percent in June from a year ago […]
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More On: morgan stanley Indoor mask mandates would choke big banks coming back to NYC Morgan Stanley to white-shoe law firms: Get back to the office Morgan Stanley CEO doubles down against working from home Morgan Stanley posts strong earnings as aggressive acquisitions buoy revenue Morgan Stanley said it will start paying six-figure base salaries to its entry-level bankers as […]
Read moreFox Business Flash top headlines for July 27 Check out what’s clicking on FoxBusiness.com. The United States government sold "Pharma Bro" Martin Shkreli's unique Wu-Tang Clan album this week, more than three years after the former hedge fund manager and pharmaceutical executive was convicted of securities fraud. Shkreli, who rose to infamy after hiking the price of a life-saving drug […]
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