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Fed's Waller Says CPI Was 'Major League Disappointment,' Leaves Door Open for 100 Basis Move
Federal Reserve Governor Christopher Waller on Thursday said he supports a 0.75 percentage point interest rate hike in July, but he left the door open for a larger move if data over the next two weeks comes in strong.
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Treasury 5-to-30 Year Curve Inverted for First Time Since June
Yields on the longest US bond ...

NIO Inc. (NYSE: NIO; HKEX: 9866), an electric vehicle upstart from China, announced on Friday that it is seeking a secondary listing of its Class A ordinary shares, par value US$0.00025 per share, “by way of introduction” on the Singapore Exchange Securities Trading Limited.
The Company’s American depositary shares (the “ADSs”), each representing one Share, will continue to be primarily listed and traded on the New York Stock Exchange (th...

EV will be the future of electric cars going forward as the world continue to fight global warming and monitor their carbon footprint. GLOBAL WARMING IS A SERIOUS THREAT TO MOTHER EARTH affecting air, sea and land. As water levels continue to rise, oil and gas prices are rising, the world had to look for alternative such as Electric Vehicles to reduce carbon footprint.
NIO like many other EV are manufacturing more vehicles to meet the demands of the growing population. However...

The uninvited guest — inflation, has arrived at Thanksgiving dinner.
Turkeys are more expensive than a year ago. And other costs from Thanksgiving dinner have also gone up.
Gas prices have increased nearly 50% on the year, appliances are 6.6% more costly and even things such as cookware and tableware are more expensive.
Oh, everything is expensive.
In October, the CPI rose 6.2% from a year ago and hit a 30-year high.
To be specific, food costs rose 5.3% on the year, with the largest gains driven by price increases of meat, poultry, fish and eggs.
According to Google Trends, interest in "inflation" is higher than it has been at any time in the last decade.
88% of Americans are concerned about inflation. And these are the top 5 areas they plan to cut back on their spending.
Experts said inflation will decelerate going into 2022. But consumers will need to adjust to the sticker shock for the near term.
How do you deal with inflation in your daily life?