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Month: March 2024

Cryptocurrencies

Famed economist blames Walmart, not inflation, for high prices

The Covid pandemic caused higher prices due to supply chain problems and inflation. Demand for certain goods increased while labor prices were pushed higher due to the challenges of operating factories, farms, and shipping operations Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Walmart makes a big move into offering an essential service

Only a handful of retailers have a truly national footprint. Walmart, which boasts that 90% of Americans live within 10 miles of one of its stores stands as one of those chains. In the retail Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Southwest Airlines challenged on its low-cost claims

Some words have no legal definition even if most consumers take an “I know it when I see it” approach.  You can call your company “low cost” or “discount” and that can mean very different Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Disney gives new theme-park life to its biggest ‘Star Wars’ failure

When Disney World outlined plans for a “Star Wars”-themed hotel, fans of the George Lucas-created property clearly had interest.  But a problem arose — not the idea of the hotel but rather how Disney executed what would Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Inflation is impossible to forecast — stop investing like you can, top economist warns

“There’s one of the sure things we know about macroeconomists is that they can’t forecast.”  That’s what renowned Princeton economist Dr. Malkiel Burton had to say about inflation when he sat down with TheStreet’s editor Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

The Fed’s stock market influence, like inflation pressure, continues to fade

The Federal Reserve has pulled off one of the biggest monetary policy surprises in decades, thanks in part to the lessons it learned from an earlier communications error, and it looks set to deliver on Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Goldman Sachs updates when Fed will cut rates in 2024

Earlier this year investors grew positively euphoric over the idea of multiple interest-rate cuts by the Fed. Interest-rate futures pointed to six or seven reductions for 2024, even though the median December forecast from Fed Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Movie theater chain rises after bankruptcy, reportedly seeks sale

The Covid-19 pandemic of 2020 devastated hundreds of businesses in the U.S., forcing several establishments to file for bankruptcy, such as retailers, restaurants, real estate firms and energy companies. Most people remember the names of Read more…

By , 2 years ago March 30, 2024
Cryptocurrencies

Summary 4/1 – 4/5

Monday, Apr 1, 2024 Tuesday, Apr 2, 2024 Wednesday, Apr 3, 2024 Thursday, Apr 4, 2024 Friday, Apr 5, 2024 The post Summary 4/1 – 4/5 appeared first on Action Forex.

By , 2 years ago March 30, 2024
Cryptocurrencies

Weekly Economic & Financial Commentary

Summary United States: Steady, As She Goes This week’s economic data largely reinforced existing economic growth patterns. Consumer momentum remains largely intact, inflation continues to inch back down, albeit at a slower pace, and rate-sensitive Read more…

By , 2 years ago March 30, 2024

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