The Fed’s Favorite Inflation Measure Leapfrogs the CPI
San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
Core Inflation Softens, but the Final Mile to 2% Remains Sticky
Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Fed’s Labor Market Divide Is Hardening Against Rate Cuts
Another month, another price increase for AK Steel (AKS). Yesterday evening, AKS announced a $40/ton price hike on all carbon steel products. The company explained the reasons for the increase:
“…the price increase is in response to increased demand for carbon steel products, as well as the need to recover higher costs for steelmaking inputs.”
The recovery in the steel industry continues…
