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The annual inflation rate for the United States is 7.7 % for the 12 months ended October 2022 after rising 8.2% previously, according to U.S. Labor Department data published Nov. 10. The next inflation update is scheduled for release on December 10. The inflation rate for consumer prices in the United States moved over the past
On November 14, 2022, Ni price was 28,767 US dollars per metric ton at LME (London Metal Exchange). Nickel is the highest-priced metal that is actively traded on the LME. The jump in the dollar and borrowing costs have left lenders rushing to unload positions that are becoming more costly to hold, according to several
Alaska Airlines makes biggest Boeing aircraft order in its 90-year history Alaska Airlines announced yesterday it is exercising options to purchase 52 Boeing 737 MAX aircraft for delivery between 2024 and 2027—growing the airline’s confirmed 737 MAX fleet from 94 to 146. Alaska also secured rights for 105 more planes through 2030, ensuring access to
Gas Price: On Wednesday, October 19 President Biden confirmed he has already decided to have the Energy Department go ahead with sales of the last roughly 15 million of 180 million barrels from the U.S. Strategic Petroleum Reserve he had authorized for sale back in March. The sales will happen in December, President Biden said.
US Mortgage Rates Tick Up to 6.94%, Highest Since April 2002 US mortgage rates are creeping closer to 7%. The average for a 30-year loan climbed to 6.94% from 6.92% last week, Freddie Mac said Thursday. Mortgage rates, now at the highest since April 2002, have more than doubled this year. The fast ascent has
In the labour market, there are two jobs available for every unemployed person. Wages, up roughly 7% compared with a year earlier, are rising at their fastest pace since the early 1980s, according to the Atlanta Fed.
