Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

Europe investigates unexplained gas leak in Nord Stream pipelines

BERLIN – European authorities are investigating mysterious leaks on two currently closed Russian natural gas pipelines to Germany, with officials telling ships to stay away from the area. accidents for her No effect on gas supplies in Europe Since both links are not currently in use. Germany halted Nord Stream 2 pipelines in February due … Read more

Morgan Stanley says investors should consider this port in the market storm right now

It appears that the massive selloff in the British pound, which is credited with exacerbating the global rout of markets last week, will continue to wreak havoc on Monday. Old Blighty’s economic woes add to the list of growing concerns in the markets, which is driving more investors into the dollar and out of riskier … Read more

Greatness spanned a generation during the era of Roger Federer and the ‘Big Three’

The ‘Big Three’ era in men’s tennis ended last week farewell function On the Instagram account of Roger Federer. To tell you how long he’s been around, Federer had 16 headlines by the time Instagram was invented. The Swiss master’s exit portends a period of dominance unlike anything tennis has ever seen – a period … Read more

The luxury home market is experiencing its biggest decline in a decade. “It’s like cockroaches.”

When Nancy Lam upgraded in January to a home closer to her child’s school in the San Francisco Bay Area, she thought she had plenty of time to list her old home, a modern five-bedroom home in the coveted suburb of Lafayette. After all, the pandemic has sent the luxury housing market up a notch, … Read more

Robert Sarver says he will look for buyers for the Phoenix Suns and Mercury after the NBA probe

Robert Sarver, owner of the Phoenix Suns and owner of Mercury, said Wednesday that he will begin the process of finding buyers for basketball teams, after An investigation into his behavior in his workplace The league paid a one-year suspension and a $10 million fine. An NBA investigation found Sarver said racial insults “when telling … Read more

Rising bond yields change the calculus of stocks

Bond yields are trading at their highest levels in more than a decade. This poses another threat to the stock market, which has struggled to find a foothold this year. When interest rates were at their lowest, as they were after the 2008 financial crisis and then again after the pandemic, it was easy for … Read more

The rise of the dollar causes problems for global economies

The US dollar is experiencing a one-time high in a generation, a rise that threatens to get worse slowdown in growth The inflation problems of global central banks are amplified. The dollar’s role as the primary currency in global trade and finance means that its fluctuations have wide-ranging effects. Currency strength is felt in Fuel … Read more

Can the Fed Tame Inflation Without Further Crushing The Stock Market? What’s next for investors?

The Federal Reserve isn’t trying to criticize the stock market for quickly raising interest rates in an attempt to slow still-hot inflation — but investors need to be prepared for more pain and volatility because policymakers won’t be scared, investors and strategists said of a deep selloff. “I don’t think they’re necessarily trying to drive … Read more

Russian President Vladimir Putin says Xi Jinping has raised China’s concerns about the Ukraine war

Russian President Russian President Vladimir Putin He said he sought to address Beijing’s concerns Thursday about the Ukraine war in his first meeting with Chinese leader Xi Jinping since the conflict began, which recently led to the outbreak of the conflict. Major battlefield setbacks to Moscow. Mr. Putin told his Chinese counterpart that Moscow highly … Read more