From December 2020 to December 2021, overall prices for consumers went up 7 percent, as reflected in the last month’s Consumer Price Index report. The last time the index rose by that much occurred in 1982. The surge marks another milestone for inflation, a growing concern for policymakers and consumers as companies face supply chain…
Prices Forecast to Increase Through 2022, With Some Sectors Facing Higher Hikes Than Others
Prices Forecast to Rise Through 2022, With Some Sectors Facing Larger Surges Than Others
From December 2020 to December 2021, overall prices for consumers went up 7 percent, as reflected in the last month’s Consumer Price Index report. The last time the index rose by that much occurred in 1982. The surge marks another milestone for inflation, a growing concern for policymakers and consumers as companies face supply chain…
Futures Rise as COVID-19-Sensitive Sectors Recover
U.S. stock index futures rose on Monday as energy and bank stocks recovered slightly from last week’s losses, although anticipation of several economic readings this week kept gains in check. Nasdaq futures hit a record high as demand for technology stocks remained strong. Heavyweights, including most FAANG majors, rose in premarket trade. Tech had largely…
US Company Results in Industrial, Materials Sectors Could Shed Light on Inflation Woes
NEW YORK—Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging inflation, supply chain bottlenecks, and higher commodity prices. Companies in those sectors—which include logistics and transportation firms, major chemical makers and manufacturers, and suppliers for the aerospace,…
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