Latest in Banks Hike Price
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Cocoa market on the brink of big price surge
A multiyear structural deficit will push up costs to inflation-adjusted highsFinancial Times - Dec. 5 -
Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.The New York Times - Dec. 5 -
Bitcoin price reaches $100,000-mark for first time ever
This comes just two years after Bitcoin's price dropped below $17,000 following the collapse of crypto exchange FTX.CBS News - Dec. 4 -
Bitcoin price hits $100,000 for the first time
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates ...NBC News - Dec. 5 -
Chipotle Mexican Grill Ups Prices as Ingredients Costs Grow
Chipotle cites rising cost of items like beef and avocados for the inflated prices.Inc. - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Peloton Strength+ Weight Lifting App: Details, Download, Price
I’m sick of it all and I need to be able to deadlift a body. Thankfully, Peloton has a brand-new app geared toward weights and strength training.Wired - Dec. 4 -
Senator Blasts Airlines, Saying They See Passengers as ‘Walking Piggy Banks’
Sen. Richard Blumenthal (D-Conn.) ripped the five largest airlines for collecting $12.4 billion in seat fees between 2018 and 2023.Inc. - Dec. 4 -
Razer BlackWidow V4 Pro 75% Review: High Tech, High Price
The updated BlackWidow steps even further into the world of premium custom mechanical keyboards, with a price to match.Wired - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
Will home prices crash in 2025? Here’s what experts say.
President-elect Donald Trump campaigned on promises to lower housing costs. Here’s what real-estate economists say about where home prices will go in 2025.MarketWatch - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
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Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - Dec. 3 -
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Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
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I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Nigeria’s radical idea for car owners facing soaring petrol prices
The government is encouraging citizens to convert their vehicles to run on compressed natural gasFinancial Times - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
Jaguar Type 00 EV: Price, Specs, Availability
Bypassing 90 years of heritage and unashamedly looking unlike anything else on the road, the brand's radical relaunch EV could be as polarizing as the ad campaign that preceded it.Wired - Dec. 3 -
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...MarketWatch - Dec. 2 -
MicroStrategy has kept buying bitcoin as prices have pulled back
The software company has spent nearly $7 billion buying bitcoin in the past two weeks as prices have pulled back.MarketWatch - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2