Treasury yields rise after retails sales gain in August

U.S. Treasury yields gained on Thursday morning after August's retail sales rose unexpectedly. The yield on the benchmark 10-year Treasury note rose 2.7 basis points to 1.331% at 12:36 p.m. ET. The yield on the 30-year Treasury bond added a basis points, advancing to 1.879%. Yields move inversely to prices and 1 basis point is… Continue reading Treasury yields rise after retails sales gain in August

10-year, 30-year Treasury yields fall slightly to start the week

There are no major economic data releases due out on Monday. Auctions will be held for $48 billion of 13-week bills and $45 billion of 26-week bills. U.S. 10-year and 30-year Treasury yields fell slightly on Monday morning to start the week. The yield on the benchmark 10-year Treasury note fell by less than a… Continue reading 10-year, 30-year Treasury yields fall slightly to start the week

UK house prices hit record high despite cut in stamp duty break

Average prices rose by 0.7% in August to £262,954, says Halifax Last modified on Tue 7 Sep 2021 03.08 EDT The average UK house price reached a fresh record high in August while annual inflation cooled to a five-month low, after the partial end of the stamp duty holiday in England and Northern Ireland. Halifax,… Continue reading UK house prices hit record high despite cut in stamp duty break

Tesla (TSLA) Lowers Prices

Tesla, Inc. (TSLA) recently announced that it was lowering prices on certain models of its Model 3 and Model Y vehicles as competition intensifies, with other car companies such as Ford Motor Company (F) coming out with all-electric vehicles. KEY TAKEWAYS Tesla is lowering prices on certain models ahead of additional competition. This could compress… Continue reading Tesla (TSLA) Lowers Prices

U.S. Consumer Price Growth Matches Economist Estimates In July

Reflecting higher prices for shelter, food, energy, and new vehicles, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of July. The Labor Department said its consumer price index climbed by 0.5 percent in July after jumping by 0.9 percent in… Continue reading U.S. Consumer Price Growth Matches Economist Estimates In July

House prices hit new record high as stamp duty scramble pumps up market

UK house prices hit a new record high in June as buyers scrambled to complete purchases prior to the winding down of a stamp duty holiday, official figures have confirmed. The average price hit £266,000, up by £31,000 or 13.2% on the same month last year – the highest percentage rise since November 2004, according… Continue reading House prices hit new record high as stamp duty scramble pumps up market

Gas prices to remain elevated despite crude pullback

Gas prices up more than $1 per gallon from last year As prices at the pump continue to rise, some gas stations are expanding their electric vehicle charging stations. FOX Business’ Jeff Flock with more. Gasoline prices in the U.S. hold near seven-year highs as the summer driving season nears an end.  Regular gasoline averaged… Continue reading Gas prices to remain elevated despite crude pullback

Weber prices below expectations as grill maker downsizes its IPO

Fox Business Flash top headlines for August 4 Check out what’s clicking on FoxBusiness.com. Grill maker Weber Inc. sold fewer shares at a lower price than expected in its initial public offering, people familiar with the matter said, the latest sign the new-issue market may be cooling after a torrid run this summer. Weber sold… Continue reading Weber prices below expectations as grill maker downsizes its IPO

Home prices hit new all-time highs

Rising home prices threaten to overheat summer housing market Realtor Sam DeBianchi gives an update on the ongoing ‘feeding frenzy’ in the housing market and explains how prospective buyers can still find inventory. The median price for an existing home in the U.S. hit a new record high at $363,300 in June, up 23.4% from… Continue reading Home prices hit new all-time highs

Prices are going up on almost everything. Here's why

New York (CNN Business)America’s finance chiefs don’t think inflation will go away overnight. Chief financial officers, on average, expect higher-than-normal cost increases to persist for eight to 10 months, according to a Duke University survey released Wednesday. Some worry inflation will linger longer. About one in four CFOs expect elevated costs to last through most… Continue reading Prices are going up on almost everything. Here's why

ConAgra raising prices to help offset rising costs

Fox Business Flash top headlines for July 13 Check out what’s clicking on FoxBusiness.com. ConAgra is cutting its fiscal 2022 outlook due to rising costs, which the food company will try to offset by boosting prices. ConAgra, whose brands include Duncan Hines, Slim Jim and Birds Eye, now foresees fiscal 2022 adjusted earnings of about… Continue reading ConAgra raising prices to help offset rising costs

UK house prices fell in June as full stamp duty holiday ended, says Halifax

Price of average home slipped by 0.5% in June to £260,358 but still 8.8% higher than a year ago Last modified on Wed 7 Jul 2021 07.24 EDT House prices fell last month for the first time since January in a sign that the overheating UK housing market is finally starting to cool, according to… Continue reading UK house prices fell in June as full stamp duty holiday ended, says Halifax

US oil prices hit six-year high after OPEC fails to reach deal

More On: oil Massive ‘eye of fire’ breaks out from pipeline leak in Gulf of Mexico Federal judge blocks Biden moratorium on new oil, gas leases Iranian warship may be sneaking fuel to Venezuela despite US sanctions: report World hasn’t reached peak oil: Demand to exceed pre-COVID levels US oil prices jumped to six-year highs… Continue reading US oil prices hit six-year high after OPEC fails to reach deal

With house prices through the roof, young buyers’ hopes go out the window

But with government more keen on avoiding a crash than addressing inequality, property prices look safe House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times… Continue reading With house prices through the roof, young buyers’ hopes go out the window

Bitcoin prices pierce $35,000 in overnight trading

Fox Business Flash top headlines for June 28 Check out what’s clicking on FoxBusiness.com. Bitcoin prices rose for the second straight day Tuesday, Coindesk reported, in part due to news Morgan Stanley bought 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to an SEC filing. CATHIE WOOD'S ARK INVEST FILES TO OFFER… Continue reading Bitcoin prices pierce $35,000 in overnight trading

As pricing fears peak, corporate America lacks faith in the Fed to control inflation: Survey

CFOs at companies around the globe are worried about input costs and wage inflation, according to the Q2 CNBC Global CFO Council survey, and in the U.S., more financial officers say price hikes may be needed if the inflationary trends remain in place. North America-based CFOs express little confidence in the Fed to control inflation,… Continue reading As pricing fears peak, corporate America lacks faith in the Fed to control inflation: Survey

U.S. Import Prices Jump More Than Expected Amid Spike In Fuel Prices

Reflecting a jump in fuel prices, the Labor Department released a report on Wednesday showing U.S. import prices increased by more than expected in the month of May. The Labor Department said import prices jumped by 1.1 percent in May after climbing by an upwardly revised by 0.8 percent in April. Economists had expected import… Continue reading U.S. Import Prices Jump More Than Expected Amid Spike In Fuel Prices

Nvidia GPU prices in China fall amid crypto mining crackdown

Amid the ongoing crackdown on cryptocurrency mining in China, prices of graphic cards from major GPU providers like Nvidia and Asus are becoming more affordable.  According to a Monday report by South China Morning Post (SCMP), prices of some graphic cards have tumbled as much as two-thirds on Chinese e-commerce platforms after Sichuan province terminated… Continue reading Nvidia GPU prices in China fall amid crypto mining crackdown

U.S. Producer Price Growth Reaches Record High In May

A report released by the Labor Department on Tuesday showed producer prices in the U.S. increased by more than expected in the month of May, with the annual rate of growth reaching a record high. The Labor Department said its producer price index for final demand advanced by 0.8 in May after climbing by 0.6… Continue reading U.S. Producer Price Growth Reaches Record High In May

New home listing prices see 43rd straight week of double-digit growth

Summer housing, rental markets a ‘feeding frenzy’: Realtor Realtor Sam DeBianchi gives an update on COVID-19’s impact on the housing market and rent prices. It is prime time to sell your house and make a move.  The median listing prices of new homes saw double-digit growth for the 43rd week in a row for the… Continue reading New home listing prices see 43rd straight week of double-digit growth

Home Prices Soared 20% in This City

Home prices continue to march higher, as they have through much of the COVID-19 pandemic. People have relocated from some huge cities on the east and west coasts, moving to places with larger homes for less money. The U.S. middle and upper classes remained employed, even when the economy turned down, which means home sales… Continue reading Home Prices Soared 20% in This City

Prices are rising as the economy recovers

New York (CNN Business)US retail sales came back down to Earth in April after stimulus checks sent Americans on a shopping spree in March. Month-over-month, retail sales were flat in April, the Census Bureau reported Friday. Stripping out car and auto parts, sales actually declined slightly, by 0.8%. The massive March advance that came on… Continue reading Prices are rising as the economy recovers

Crude oil prices in focus after Colonial Pipeline cyberattack

Pipeline worker slams Biden’s executive order blocking Keystone XL pipeline Pipeline worker on Biden’s executive order  Investors and traders will be paying close attention to crude oil prices on Monday after a cyberattack shut down the largest pipeline system in the U.S. on Friday. Ticker Security Last Change Change % WTI W&T OFFSHORE 3.58 +0.17… Continue reading Crude oil prices in focus after Colonial Pipeline cyberattack