Tag Archives: Increases

Consumer prices increased more than expected in December as investors continue to look for signs the Federal Reserve can begin to cut interest rates. The December Consumer Price Index (CPI) showed prices ticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the 3.1% increase seen the month prior. Economists had expected prices to increase 0.2% month over month and rise 3.2% year over year, according to… Source link

Walmart (WMT) announced plans to hike its average hourly pay to more than $17.50 on Tuesday. In a statement to U.S. employees, Walmart U.S. CEO and President John Furner said “starting next month, we’ll begin investing in higher wages for associates.” He added: “This includes a mixture of associates’ regular annual increases and targeted investments in starting rates for thousands of stores, to ensure we have attractive pay in the markets we operate. We expect these raises will bring our… Source link

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy is continuing to grow, having produced a record number of downloads and consumer spending across both the iOS and… Source link

WASHINGTON – The Federal Reserve barreled ahead with a third straight outsize interest rate hike Wednesday in an effort to squash high inflation – but economists worry the campaign is increasingly risking a recession by next year. The Fed raised its key short-term rate by three-quarters of a percentage point to a range of 3% to 3.25%, a higher-than-normal level designed to ease inflation by slowing the economy. It also significantly bumped up its forecast for what that rate will be at… Source link

Google conducted an SEO office hours hangout in which someone asked if adding content on a regular basis was helpful for ranking. It’s a good question because it’s commonly understood that publishing content on a regular basis is a good idea because it keeps readers coming back for more. Publishing Daily Good For Rankings? This is the question that was asked: “Does posting one content daily increase ranking?” It’s unclear who at Google answered the question. This is the answer that… Source link

The NFL now holds Deshaun Watson’s football future in its hands. With independent disciplinary arbitrator Sue L. Robinson delivering a six-game suspension decision in Watson’s personal conduct policy case on Monday, the spotlight now shifts back to the NFL, which must decide whether to appeal the penalty. The league issued a statement Monday saying it’s “reviewing” the decision and “will make a determination on next steps.” Barring a mutually agreed upon extension between the NFL and NFL… Source link

Hey, friends! It’s that time again. Another week has passed us by, which means another issue of Week in Review — the newsletter where we recap the top stories to hit TechCrunch’s front page in the past seven days. Sign up here! The top story this week was about a new set of documents detailing how (and how often) the Department of Homeland Security taps third-party data brokers to obtain potentially sensitive location info while “sidestepping the legal process government… Source link

Gasoline prices will stop rising once consumer demand destruction kicks in, according to one energy trader. “It’s become really evident that the only thing that is going to alleviate these price rises is demand destruction,” CIBC Private Wealth U.S senior energy trader Rebecca Babin told Yahoo Finance Live. Gasoline keeps hitting record highs as the national average now sits at $4.59 per gallon. Some states are seeing even higher numbers at the pump — $5 or even $6 per… Source link

Unlike traditional automakers, electric-vehicle (EV) maker Tesla (TSLA) can dynamically raise or lower prices at will — and it has just done that, again. For the second time in a week, Tesla is raising prices across the board for its U.S. product range encompassing the Model 3, Model Y, Model S, and Model X. Here are a few notable hikes: Model 3 Rear-Wheel-Drive, Tesla’s cheapest vehicle, went up $2,000 to nearly $47,000 Model 3 All-Wheel Drive jumped $2,500 to $54,500 The base version of… Source link

By Sarai Rodriguez December 10, 2021 – A new collaboration between Google and The Commons Project Foundation will provide over 150 million Americans access to the digital version of their COVID-19 vaccination records by using SMART Health Cards via Android. According to The Commons Project, the SMART Health Cards make vaccine verification easier by allowing Android users to save their digital vaccine records as a shortcut on… Source link