More Americans are falling behind on their car payments at the highest rate since the Great Recession over a decade ago. A combination of the Federal Reserve’s interest rate hikes and high inflation has taken a toll on car owners nationwide. A rise in auto repossessions has been sweeping the country, a bad sign for […]
Tag: Inflation
ANZ survey: Inflation worries weigh on businesses despite a more confident outlook
Navigation for News Categories Almost 80 percent of retailers intend to raise their prices in the next three months to cover higher costs. Photo: 123RF Business sentiment has bounced back to its highest levels since October, but inflation pressures are still weighing heavily on businesses, as retailers look to raise prices. ANZ Bank’s monthly survey […]
Fiat Debases Belief, But Bitcoin Makes Us Human
This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. We need beliefs. Belief is something that we live for, something that informs our morals, something that defines our metaphysical existence. We need belief because we need purpose. Belief is a necessary part […]
Germanyās Habeck: Negative trend in inflation has been broken
Germany’s Economy Minister Robert Habeck said on Thursday that “the negative trend in inflation has been broken.” Additional comments “Inflation still higher at the beginning of 2023, further containment then in the course of the year.” “Then in 2024 inflation will be lower than in 2023, with higher growth.” Market reaction EUR/USD is little changed […]