Tag Archives: drop

Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap

Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap

(Bloomberg) — Global stocks retreated and the dollar rose to a one-month high as central bank officials pushed back against bets on aggressive interest rate cuts. Most Read from Bloomberg US futures slid, while the Stoxx Europe 600 index headed for a five-week low. The MSCI Asia Pacific Index lost 1.5%, the most in three months. Two-year Treasury yields rose six basis points to 4.2%. An index of the dollar climbed 0.6%. Banks led equity declines in Europe as JPMorgan Chase & Co. analysts said… Source link

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Used car prices post biggest drop ever as new luxury car sales boom

Used car prices post biggest drop ever as new luxury car sales boom

The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December posted a 0.8% increase in auto prices month over month, however it dropped a whopping 14.9% year over year, the largest annualized price decline ever in the 26-year history of the index. That being said, December’s index rating of 219.3 is still much higher than pre-pandemic levels, when the 2019… Source link

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Short-term inflation expectations drop to lowest level since ’21: NY Fed

Short-term inflation expectations drop to lowest level since ’21: NY Fed

Consumer expectations for inflation over the next year dropped to the lowest level since July 2021, according to a survey from the New York Federal Reserve released Monday. Expectations for inflation one year ahead fell in December by 0.2 percentage points to 5%. However, three-year-ahead inflation expectations were unchanged in December at 3%. Inflation expectations for the next five years inched up by 0.1 percentage point to 2.4%. The incremental drop in short-term expectations is… Source link

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Google Urges Apple Not to ‘Drop the Ball’ on Fixing Messaging in New Billboard Pushing RCS

Google Urges Apple Not to ‘Drop the Ball’ on Fixing Messaging in New Billboard Pushing RCS

Google is continuing on with its #GetTheMessage campaign attempting to convince Apple to adopt the RCS messaging protocol, this time taking out a large New Year’s-themed ad at Harmon Corner in Las Vegas. The digital billboard urges Apple not to “drop the ball” on fixing its “pixelated photos and videos.” Hey Apple, it’s Android the ball may have dropped on 2022, but you don’t have to drop the ball on fixing your pixelated photos and videos. Here’s some code to get the ball rolling… After… Source link

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