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Daily Digest: Frontier Airlines heightens SFO service; Tech unicorn to cut hundreds of S.F. jobs
Good morning, Bay Area. Starting your daily roundup with the economy, the consumer price index rose 3.5% in March, higher than expectations and marking an uptick in inflation. In local transportation, Caltrans said a new section of southbound H.....»»
Inflation posturing divides investors
Investors are positioning for the risk of higher inflation as the reopening of the U.S. economy gathers steam, but may not be prepared if the worst of the price increases has already run its course......»»
Johnson & Johnson joins WHO to prevent spread of Ebola in West Africa
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Rising prices for meat, TP, gas hit Americans at home and on the road
Many factors are playing into the price hikes for consumer items. As the economy strengthens, demand is outpacing manufacturers’ ability to supply. Many manufacturers are still understaffed and paying more for shipping a.....»»
After Tesla increased the price of a Solar Roof project by more than $30,000, the customers explain why they have filed a lawsuit alleging breach of contract
After waiting six months for their new Solar Roof, a Pennsylvania couple said Tesla informed them of a significant price hike. Tesla CEO Elon Musk introducing the Powerwall in 2015. Ringo H.W. Chiu.....»»
West Virginia factory is center stage in supply chain crisis, showing economy’s strains
Shifting landscape of parts shortages, price spikes challenges key auto parts maker......»»
T. Rowe Price CEO "very bullish" on U.S. economy; company sets date for returning to offices
William J. Stromberg said he thinks rising inflation as the economy recovers will "test the resolve" of the Federal Reserve......»»
Inflation nears decade high as reopening juices price growth across the economy
The PCE price index - a popular gauge of inflation - rose to 3.5% from 1.7% in the first quarter. .....»»
Economy Triad hotel sells for $2.1 million
The sales price more than doubles in 16 months......»»
Market Snapshot: Dow slides late in session, stocks book 2-day losing streak despite oil price rebound
U.S. stocks tumbled into the close Wednesday, reversing earlier gains, even as investors focused on a sharp rebound in oil prices, slightly lower Treasury yields and a brighter outlook for the economy......»»
Greensboro apartment building sells for $6.25 million
The sales price more than tripled since 2015......»»
New Ebola Deaths In West Africa Declared "Epidemic Situation"
New Ebola Deaths In West Africa Declared "Epidemic Situation" The West African country of Guinea has confirmed its first Ebola deaths since 2016 as the World Health Organization (WHO) is.....»»
Why US hiring may rebound faster than you might expect
A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen faster than a.....»»
Energy ETFs rally as oil price hits more-than one-year high
Energy-sector exchange-traded funds surged one day after the oil price closed at its highest level in more than a year, on hopes of a recovering economy and additional fiscal spending. The Energy Select Sect.....»»
Get ready for the return of inflation
After a 30-year absence, inflation will finally make a return to the US economy as the country comes out of the COVID recession. Hot air balloons are inflated at sunrise on day one of the 2015 New .....»»
Current investments in Colombia strengthen nearshore sourcing options
For decades, U.S. companies turned to Asia for offshore manufacturing and operations. Yet, the soft economy, the lingering U.S. trade dispute with China and the unrelenting pandemic have disrupted global trade and vital supply lines. Current and .....»»
Current investments in Colombia strengthen nearshore sourcing options
For decades, U.S. companies turned to Asia for offshore manufacturing and operations. Yet, the soft economy, the lingering U.S. trade dispute with China and the unrelenting pandemic have disrupted global trade and vital supply lines. Current a.....»»
Current investments in Colombia strengthen nearshore sourcing options
For decades, U.S. companies turned to Asia for offshore manufacturing and operations. Yet, the soft economy, the lingering U.S. trade dispute with China and the unrelenting pandemic have disrupted global trade and vital supply lines. Current a.....»»
Economic Report: Coronavirus triggers record price drops for airfare, clothes and car insurance—but not these household staples
The massive shock to the economy from the coronavirus squelched inflation in April by triggering record price declines for many goods and services such as clothes, public transportation, hotel rooms and plane tickets......»»
EQT"s technology helps keep drill sites safe from Covid-19
EQT is, by its own admission, not seeing much of an impact from chaos in the energy industry and the overall economy over Covid-19 and the oil price shocks......»»