Thursday, January 13, 2022

Why no one has a quick fix for inflation — not even Joe Biden or Jerome Powell

Inflation isn't just an economic headache — it's become a political blame game that will almost certainly define this year's midterm election campaigns.
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Why no one has a quick fix for inflation — not even Joe Biden or Jerome Powell
Inflation isn't just an economic headache — it's become a political blame game that will almost certainly define this year's midterm election campaigns. Read more »
 
Racing legend Michael Andretti is taking a spin on Wall Street
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Goldman Sachs urges employees to work remotely until February amid Omicron wave
Goldman Sachs is extending its work-from-home guidance by another two weeks amid the wave of Covid-19 infections. Read more »
 
Virgin Galactic shares tumble as company says it's raising $425 million in debt
Shares of Virgin Galactic — the space tourism company that carried its billionaire founder, Richard Branson, to the edge of space last summer — took a major price hit on Thursday after the company announced it's raising as much as half a billion dollars in debt. Read more »
 
Most CEOs say inflation will stay hot until at least mid-2023
Inflation has vaulted to the top of CEOs' worry list. Read more »
 
Another key inflation measure hit a record high
A key inflation measure climbed to a record high in 2021, as pandemic price hikes just aren't going away. Read more »
 
 
 
 
Dow Nasdaq S&P
-176.70   -381.58   -67.32
36,113.62   14,806.81   4,659.03
-0.49%   -2.51%   -1.42%
YTD -0.62%   YTD -5.36%   YTD -2.25%
 
Biggest Winners
Kroger Co +4.96%
 
Borgwarner Inc +4.26%
 
Norwegian Cruise Line Holdings Ltd +4.01%
 
Gap Inc +3.83%
Biggest Losers
ServiceNow Inc -9.09%
 
Lumen Technologies Inc -7.67%
 
Epam Systems Inc -5.34%
 
Ceridian HCM Holding Inc -5.21%
Hottest ETF
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NYSE Market Volume
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Oil $81.53 -1.11 / -1.34%
Gold $1,822.30 -5.00 / -0.27%
10-yr 1.71% -0.01
Euro $1.15 +0.00 / +0.12%
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