Consumer Price Index Rises 04 in Month of February
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The WSJ Dollar Index Rises 0.1% to 98.95
The WSJ Dollar Index was up 0.1% to 98.95 — up nine of the past 12 trading days.The Wall Street Journal - World -
Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.CNBC - Business - Ukraine -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
Cocoa prices are soaring to record levels. What it means for consumers and why 'the worst is still yet to come'
Cocoa has more than tripled in cost over the past year and is up 129% in 2024.CNBC - Business -
Oil prices end lower, with weekly U.S. crude supply up over 3 million barrels
Oil futures declined on Wednesday but settled off the session’s lows after official U.S. data revealed a weekly increase in crude inventories that was smaller than what was reported by an industry trade group.MarketWatch - Business -
Why Gasoline Prices Are Rising Faster Than Usual This Year
Fuel costs are once again driving inflation. Don’t panic.The Wall Street Journal - World -
Oil Prices Rise, Bouncing Back from Wednesday's Losses
Oil prices rose despite a surprise build in U.S. crude inventories last week.The Wall Street Journal - World -
Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro
One of the main drivers of high housing costs is low supply. Cities in this state are boosting supply, helping push rental prices down.CNBC - Business -
V Rising's Castlevania Crossover Challenges You To Kill Simon Belmont Next Month
Castlevania is making another video game comeback, this time as crossover content with the upcoming 1.0 launch of game V Rising. As part of the vampiric survival game's full launch in May, this free update will allow players to pit their demonic ...GameSpot - Tech -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
The WSJ Dollar Index is Flat at 98.93
The WSJ Dollar Index was flat at 98.93.The Wall Street Journal - World -
Singapore Inflation Quickened Unexpectedly in February
Inflation accelerated unexpectedly in Singapore as prices in key categories like food picked up, backing views that any potential monetary easing is still some time away.The Wall Street Journal - World -
WSJ Dollar Index Falls 0.2% to 98.85
The WSJ Dollar Index was down 0.2% to 98.85 — snapping a two-trading-day winning streak.The Wall Street Journal - World -
Chicago business-activity index weakens further in March
The Chicago Business Barometer, also known as the Chicago PMI, weakened further in March, dropping to 41.4 from 44 in the prior month. Economists polled by the Wall Street Journal forecast a 45 reading.MarketWatch - Business -
Sales of new homes inched down in February
New home sales at 662,000 annual rate in February versus 664,000 in the prior month.MarketWatch - Business -
Japan's corporate service inflation steady in February
Yahoo News - World - Japan -
Australia's February Inflation Comes in Lower Than Expected
Australia’s monthly inflation indicator came in below expectations in February, signaling that price pressures would likely continue to retreat over coming months.The Wall Street Journal - World - Australia -
Indian bonds are set to be added to global indexes. Here's why it could be a gamechanger
Recent inclusions could lead to billions of dollars worth of inflows into India's rupee-denominated government debt, ease bond yields, all while supporting the local currency.CNBC - Business -
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.MarketWatch - Business -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Consumer Confidence Little Changed in March
Americans are feeling more upbeat about current business and labor market conditions, but are concerned about where the economy is headed.Inc. - Business -
Helldivers 2 dominates sales — for democracy! | Circana February 2024
Helldivers 2 has dethroned Call of Duty from the top of the Circana sales charts, dominated both best-seller lists for February.VentureBeat - Tech -
Flutter Entertainment posts 25% surge in sales as bet on FanDuel pays off
The gambling giant saw its losses widen due to two major impairment chargesMarketWatch - Business -
Here’s how high bitcoin has to climb to make sense in a 60/40 portfolio, according to Citi
Is it now time for 55% stocks, 40% bonds and 5% bitcoin in a portfolio?MarketWatch - Business -
India must avoid the mistakes of China and Big Tech to keep attracting investors
Recognizing its financial and political clout and adapting accordingly is the key to India’s continued growth.MarketWatch - Business - China -
Krispy Kreme soars 40% on deal with McDonald’s to sell its doughnuts nationwide
Krispy Kreme’s stock soared Tuesday, after the doughnut seller said its doughnuts will start becoming available at all of the fast-food giant’s U.S. restaurants.MarketWatch - Business -
Treasury yields hold steady as traders eye February inflation data at end of week
Yields on U.S. government debt finished little changed on Tuesday in cautious trading, as investors looked ahead to February’s PCE inflation data at the end of the week.MarketWatch - Business -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
German Consumer Mood Improves, Uncertainty Remains
German consumer confidence improved slightly, according to the latest GfK reading, but the overall mood remained sluggish, as doubts about the economy continue.The Wall Street Journal - World - Germany -
How Kate Middleton Conspiracy Theories Consumed the Internet
A combination of gamified social platforms, distrust in media and government, unprecedented conspiratorial thinking, and even a bot influence campaign led us to this point.Wired - Tech -
Nigerian army rescues students abducted earlier this month
Students and staff snatched by gunmen from school in Kaduna state freed days before ransom deadline. The Nigerian army has rescued students and staff who were abducted by gunmen from a school in the country’s north earlier this month, the military ...The Guardian - World -
Family forced to move six times in five months
A mother-of-one says the stress of the situation had caused her to lose her hair.BBC News - Top stories -
AMC’s stock registers biggest gain in a month
The movie-theater chain’s shares saw their largest daily percentage gain since Feb. 27.MarketWatch - Business -
NBA Western Conference All-In Index: What teams are most in trouble if they fall short in the playoffs?
Almost every team in the West is pushing to win right nowCBS Sports - Sports - NBA -
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.The Wall Street Journal - World -
U.S. Housing Prices and the War on Realtors
Which cartel is the real problem?The Wall Street Journal - World -
Legoland and Madame Tussauds owner to roll out surge pricing
Merlin Entertainments plans to introduce dynamic pricing to offset decline in visitors since pandemicFinancial Times - Business -
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.The Wall Street Journal - World -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
New cars are now 'the worst' products when it comes to protecting consumer data
With all new car models headed for internet-connectivity, the auto industry is developing a reputation as the "worst" for consumer privacy with driver data.CNBC - Business