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Bostic: Fed needs to act “soon” to be sure inflation expectations stay controlled

Bostic: Fed needs to act “soon” to be sure inflation expectations stay controlled

© Reuters. FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. REUTERS/Clodagh Kilcoyne WASHINGTON (Reuters) – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the…

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Stock Market Today

Updated at 11:14 am ESTU.S. stocks fought-off an extended January slump Friday, with market volatility gauges holding at nearly fifteen months highs, as investors look to close out another wild week of trading — and the worst January in Wall Street history — that has pulled the broadest measure of domestic stocks deeper into correction…

Japan aims to release prelim ‘Green GDP’ estimates by end-March

Japan aims to release prelim ‘Green GDP’ estimates by end-March

© Reuters. FILE PHOTO: Japan’s new Minister for Economic Revitalisation Daishiro Yamagiwa arrives at prime minister’s office in Tokyo, Japan October 4, 2021. REUTERS/Issei Kato TOKYO (Reuters) – Japan is drafting an economic growth measure taking climate action into account and aims to release a preliminary estimate by the end of March, economy minister Daishiro…

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Domino’s Pizza Just Shrunk the Size of a Popular Menu Item (It Blames Inflation, Not The Noid)

Domino’s (DPZ) – Get Domino’s Pizza, Inc. Report owns 22% of the quick-serve (QSR) market share for pizza in the United States and  20% globally. The company has nearly $18 billion in global sales from its 18,380 stores, of which 98% operate under a franchise model. Those numbers seem huge, but Domino’s CEO Richard Allison,…