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Wholesale prices surge again and show inflation flowing through pipeline of the economy
The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike in oil prices. Article Attribution | Read More at Article Source
Instead of shopping they’re quietly stockpiling cash — ‘shadow saving’ — and it could short-circuit the global economy
Households in China aren’t broke, the available data indicate. They’re just exhibiting a reluctance to spend. Article Attribution | Read More at Article Source
I’m 59. My wife and I bought a second home for $484,000 at 6.2% interest. Will this be a drain on our retirement?
“I earn an annual salary of $116,000. My wife’s annual income is about $55,000.” Article Attribution | Read More at Article Source
I opened a 0% credit card to pay $11,000 in vacation debt. Why can’t I get a higher credit limit? My debt utilization is only 10%.
“We’ve been aggressively paying down our credit cards.” Article Attribution | Read More at Article Source
Jessica Simpson says she is keeping the $18 million L.A. mansion she shared with ex Eric Johnson
Jessica Simpson has reportedly decided to hold on to the $17.9 million Los Angeles mansion she bought with her estranged spouse, Eric Johnson, who is understood to have moved out of the property . Article Attribution | Read More at Article Source
Country music star Miranda Lambert lists Texas estate that includes her childhood home for $1.6 million
Miranda Lambert is selling a sprawling 25-acre Texas property that encompasses both her childhood dwelling and the adjacent home she bought after her first record deal. Article Attribution | Read More at Article Source
The ‘smart money’ on Wall Street hates these bonds — but they may be a golden buying opportunity for you
Three important — and potentially useful — things leap out of the latest BofA fund-manager survey. Article Attribution | Read More at Article Source
The spike in gas prices might affect Olive Garden sales, but not in the way you’d expect
Olive Garden parent Darden Restaurants reports earnings this week amid concerns over rising oil prices and a strike at a large U.S. meatpacking plant. Article Attribution | Read More at Article Source
Uber’s stock powers higher as Nvidia robotaxi deal helps avert ‘doomsday’ scenario
Uber and Nvidia aim to launch autonomous ride-hailing in up to 28 cities in less than two years. Article Attribution | Read More at Article Source
Why Nvidia’s stock is shrugging off a $1 trillion revenue forecast
There are questions about how much upside is really implied by Nvidia’s new outlook. In the meantime, investors may be looking for clearer growth opportunities elsewhere. Article Attribution | Read More at Article Source
Nebius’s stock falls on a bond offering. Here’s why investors are sobering up.
The neocloud company has new deals with major tech companies, and just announced that it will be taking on debt to help finance data centers. Article Attribution | Read More at Article Source
Oil prices climb on ‘mixed signals’ as Iran conflict drags on
Global oil prices were poised to end above $100 a barrel for a fourth session in a row, as U.S. calls for help to secure the crucial waterway fall on deaf ears and reports that Iran is allowing some crude tankers to pass through the Strait of Hormuz offer a “mixed...