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Here’s what to blame for the spike in grocery prices, according to a New York Fed analysis
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Tag: | New York |
Topics
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Financial Times - World
What happens if the Fed cuts by 50?
‘NOTHING in this steroidal, Frankenstein — cycle has been normal’2 hours ago - Federal Reserve -
CNBC - Business
Private-label grocery brands boomed during inflation. Prices are down, but store-brand items keep going higher
Inflation and price hikes sent grocery bills soaring to their highest level in decades, and private store brands to boom. Their shelf space may be permanent.2 hours ago -
The Wall Street Journal - World
Gold Well Supported by Weaker U.S. Dollar, Fed Cut Expectations
Gold prices were broadly stable but still trading near record highs, supported by a weaker dollar and prospects of a long-awaited interest-rate cut by the Federal Reserve on Wednesday.10 hours ago - Federal Reserve -
The Hill - Politics
New York City Hall attorney resigns
New York City Hall’s chief counsel, Lisa Zornberg, resigned from her post in Mayor Eric Adams’s administration, City Hall announced late Saturday night. Zornberg has served as the top lawyer for ...Yesterday - New York -
Inc. - Business
Amazon Drivers Join Teamsters Union in New York
Hundreds of drivers at three locations want the company to recognize their union and negotiate a contract.1 hour ago - New York -
The Wall Street Journal - World
What's News: Business & Finance
What’s News: Business & Finance15 hours ago -
MarketWatch - Business
‘Rather poor’ communication by the Fed blamed for creating doubt in the market about rate-cut path
Potential for whipsaw markets after Fed’s widely anticipated initial interest-rate reduction on Wednesday.18 hours ago -
CNBC - Business
The 5 rudest co-worker behaviors, according to a new survey by Monster
Close to one-third of workers don’t feel that their workplace is a respectful environment where manners are valued, a new Monster survey shows.6 hours ago -
The New York Times - Top stories
Can New York City Street Vendors Survive a Police Crackdown?
The police have been ticketing vendors for violations over the past year, upsetting sellers who say they are just trying to earn a living.5 hours ago - New York -
MarketWatch - Business
Manufacturing activity expands in New York region for first time in almost a year
The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, jumped 16.2 points in September to 11.5, the regional Fed bank said Monday. ...6 hours ago - New York
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Intel’s stock rally could mean a feat not seen in more than four years
Intel says a new $3 billion government deal reflects the “continued progress” of its foundry business.16 minutes ago -
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Writing “How to Retire” helped Morningstar personal-finance expert Christine Benz learn a few surprising lessons.22 minutes ago -
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Micron’s stock drops as first ‘death cross’ in 2 years appears
Micron’s stock slumped Monday, just as a longer-term bearish chart pattern appeared for the first time in more than two years, and as Morgan Stanley offered a downbeat outlook for the memory-chip ...1 hour ago -
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Boeing’s credit rating is safe, for now, S&P says as company embarks on cost cuts
While Moody’s Ratings placed the credit on review for a possible downgrade Friday on fears the strike will put more pressure on free cash flow, and Fitch Ratings said it’s badly timed, S&P said its ...1 hour ago -
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14 retail stocks that are firing on all cylinders
These retailers have been increasing same-store sales while improving their profit margins1 hour ago