Tag Archives: rising

The butter board craze is spreading across the internet, but rising butter costs could soon put an end to the trend. In August, the average price of a stick of butter (453.6 gm) cost nearly $4.70, up from $3.63 a year ago. It’s the highest price since the Bureau of Labor Statistics (BLS) began documenting average price data for butter in 2018. In the past year alone, the price of fats and oils increased 29.3%, with margarine up 38.3% and butter up by 24.6%. Still, consumers are eating up the… Source link

NEW YORK, Sept. 27, 2022 /PRNewswire/ — The Metaverse in Entertainment Market size is expected to grow by USD 28.92 billion during 2021- 2026, at a CAGR of 8.55% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aomen City, Epic Games Inc., Hungama Digital Media Entertainment Pvt. Ltd., Meta Platforms Inc., Niantic Inc., OverActive Media Corp., Qualcomm Inc., Queppelin, Roblox Corp,

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, September 16, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Another day, another tumble in tech stocks. The disproportionate shellacking the sector has suffered recently has raised questions about why, exactly, technology is seemingly so vulnerable to rising… Source link

Lumber prices hit a nine month low as borrowing costs surge.Carolyn Cole/Getty Images Lumber prices are spiraling as red-hot house prices and the rising cost of mortgages is hitting affordability. Nearly 80% of National Housing Survey respondents reported now is the worst time to buy a home. It’s set to worsen as Americans foresee their financial situations deteriorating over the next year. Lumber prices have been on a steep decline as a combination of rising interest rates, record-high… Source link

Ride Sharing Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact, Recent Developments and SWOT Analysis This press release was orginally distributed by SBWire London, UK — (SBWIRE) — 05/29/2022 — The global Ride Sharing market research is a reliable resource for business participants seeking market data, critical trends, current patterns, and future prospects. The research provides a sector valuation based on the report’s extensive… Source link

(Bloomberg) — A funny thing happened to Bitcoin as interest rates started to rise: trading volumes went way down. Now market-watchers are grappling with the implications and what a world of less-loose monetary policy means for digital assets. Most Read from Bloomberg The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, March 22, 2022 Home prices are soaring and later this morning we will find out by how much, when the latest S&P CoreLogic Case-Shiller national home price index is released. On top of exorbitant home prices, mortgage rates are on the rise — the 30-year fixed mortgage (most common among homebuyers) topped 4% earlier this month for the… Source link

More than half of Canadians believe high gas prices are here to stay, and could push higher, according to a public opinion poll by Yahoo/Maru. Most Canadians believe high gas prices are here to stay, and could keep pushing higher, a new Yahoo/Maru public opinion poll shows. However, only 16 per cent say they’re serious about buying a fully electric or hybrid vehicle for their next automotive purchase. The survey found more than a quarter (27 per cent) of respondents point to international… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 22, 2022 Crime, like working from home, is an economic issue Enough already. If there was ever a pithy slogan or rallying cry suited for a leader in crisis, the above sentence would be perfect for New York City Mayor Eric Adams, and could be applied on at least two fronts: working from home and the Big Apple’s skyrocketing… Source link

New weekly jobless claims ticked up slightly last week to hold near a 52-year low. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Dec. 11: 206,000 vs. 200,000 expected and an upwardly revised 188,000 during prior week Continuing claims, week ended Dec. 4: 1.845 million vs. 1.943 million expected and an upwardly… Source link