Metals prices are all over the place, with rapid rises to record levels followed by sharp falls and considerable anxiety — anxiety that has also applied to surging oil prices. Agricultural commodities have likewise seen an unprecedented surge in prices since the war in Ukraine broke out. There is a risk of unrest in parts […]
© Reuters. By Noreen Burke Investing.com — The Federal Reserve is widely expected to announce its first interest rate hike since 2018 on Wednesday as policymakers try to balance the twin threats of inflation, which is running at a four-decade high, and economic uncertainty arising from the war in Ukraine. The Bank of England is […]
Citing record-high prices for gasoline, which are ramping for the 13th consecutive day since Russia began its war on Ukraine, Uber is charging customers a new fuel fee to help offset costs for ride-hail and delivery drivers. The temporary surcharge will be either 45 cents or 55 cents for each Uber trip and either 35 […]
Americans looking to offset surging gasoline prices with a more fuel-thrifty vehicle aren’t likely to find much on the car lot today. The sharp rise in fuel costs, driven in large part by the war in Ukraine and related disruptions, is delivering another shock to the car business and triggering renewed focus on fuel economy […]
If you’ve ever wondered what it’s like to be a nomad, just ask 28-year-old Trent Arant. About four years ago, after a breakup, the filmmaker moved out of his house in Atlanta, Georgia, to hit the road with his dog, Millie. Since 2018, they’ve lived over 20 cities and visited over 20 US states, all […]
The Covid-19 pandemic hit artists like Cam Rackam hard. The 42-year-old artist from Huntington Beach, California saw his entire money-making enterprise suffer — art exhibitions got canceled, sales slowed and his commissions dried up. So Rackam pivoted to the digital art world. Up until 2021, the most money Rackam had made by selling a piece […]
Hiking rates while ensuring the economy continues to expand is the latest challenge for Fed officials who have spent the past two years navigating coronavirus shutdowns and the worst labor market shock in history. Federal Reserve Chairman Jerome Powell has warned that the war could stoke inflation and cause households to cut back on spending. […]
Manhattan renters who leased their apartments at deep pandemic discounts are sharing their dismay as landlords jack up their rents by as much as 65% or more. Median rents in Manhattan hit an all-time high of $3,700 per month in February, a 24 percent increase from a year ago, according to a new report from […]
An image of a semiconductor wafer. I-Hwa Cheng | Bloomberg | Getty Images Ukraine’s two leading suppliers of neon, which produce about half the world’s supply of the key ingredient for making chips, have halted their operations as Moscow has sharpened its attack on the country, threatening to raise prices and aggravate the semiconductor shortage. […]
As of this week, Tinder users will be able to run criminal background checks on their potential dates. The feature – launched in partnership with Garbo, a background check provider that aims to make public safety information more accessible – is intended to make Tinder users feel safer. But experts who specialize in sexual violence […]
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