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Friday, November 26, 2021

Inflation

The Fed’s choices leave open questions about how the central bank will regulate Wall Street

The extent to which the Fed will spend the next few years tightening its regulatory policy - after loosening the rules under officials appointed by Trump - will depend on who Mr. Biden ultimately chooses to succeed...

Poland to cut fuel and energy taxes in “anti-inflation shield” | TNZT | 25.11.2021

A program announced Thursday worth up to 10 billion zlotys (2.14 billion euros, $ 2.40 billion) will provide cash payments to households. These payments will be income-tested and made in two installments in 2022. These measures are designed...

When will the shortages end? Here’s why predictions are often wrong

Bottlenecks may finally start to ease, but investors should remember that individual businesses tend to underestimate the scale of global supply chain problems. ...

Why Thanksgiving Dinner Might Cost More This Year

With turkey prices rising, Thanksgiving dinner this year could end up being one of the most expensive holiday meals on record.According to the American Farm Bureau's annual survey of Thanksgiving Dinner, a holiday feast for a family of 10...

Americans still spend before the holiday season despite soaring inflation

Top line Personal spending rose 1.3% last month, a sign that consumers continue to spend more despite higher inflation, which continues to rise at its fastest pace in three decades, according to new data from the Department of the...

Flush with cash, Saudi prince snubs Biden and sends a message

'The idea that Russia and Saudi Arabia and other major producers are not going to pump more oil so people can have gasoline to get to and from work, for example, is not right,' Biden said in...

Federal Reserve can’t keep markets afloat without disruption, says billionaire Howard Marks

Top line The idea that the Federal Reserve can continue to drive the US economic recovery and market rally without interruption is "too good to be true", especially amid "well-founded" fears about rising inflation, billionaire investor Howard Marks said...

This Wall Street firm sees a negative year ahead for the stock market

Top line With signs of excessive speculation and high valuations in the stock market, the current environment looks like an end-of-cycle bubble that is very "similar" to the dotcom boom in 2000, according to Bank of America, predicting a...

Pandemic recovery in UK overtakes eurozone as bloc faces rise in Covid cases

TThe UK economy is recovering from the pandemic faster than eurozone countries as UK consumers pick up on rising inflation, latest economic figures suggest.The November IHS Markit PMIs, a closely watched economic health score, show that the UK has...

Supply Chain Issues: How Are Global Shortages Affecting Local Customers?

(TNZT Baltimore) - The supply chain is made up of the many steps that take a product to a customer. But for the moment, the chain seems broken, or at least crimped in places. Store shelves are...

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