When the price soars for a national delicacy – Korean kimchi
The New York Times printed a fascinating article about how South Koreans are dealing with…
Dr. Duru
Dr. Duru Bernanke Makes the Case for Low Inflation for A Very Long Time To Come
On Friday, Federal Reserve Chairman Ben Bernanke spoke at a conference on “Revisiting Monetary Policy…
Rally in lumber prices continues
In April of this year, lumber futures rocketed to a four-year high of $337. In…
High Commodity Prices Force Starbucks to Increase Its Prices
Coffee drinkers at Starbucks will soon be waking up to more than just caffeine. Starbucks…
AK Steel increases prices to offset rising material costs
Yesterday, AK Steel (AKS) warned investors that earnings would be lower than expected partly due…
Flat core CPI raises odds of more quantitative easing
The Bureau of Labor Statistics (BLS) reported the consumer price index (CPI) increased 0.3% from…
Higher raw material costs contribute to AK Steel earnings warning
AK Steel (AKS) reduced its earnings outlook, partially due to higher material costs: “The company’s…
India continues to fight inflation
The Reserve Bank of India (RBI) hiked interest rates more than expected by 25 basis…
Airfares in the United Kingdom Surge At A Record Pace
It looks like American flyers are not the only ones paying higher fares. Across the…
Copper On the Move Again
(Originally appeared in “One-Twenty Two” as “Copper Defying Double-Dip Dangers“) Copper has quickly recovered almost…