By Pakistan’s inflation accelerated for the second straight month in December despite record borrowing costs, as International Monetary Fund-backed hikes in energy costs and a weak currency stoked price gains. Consumer prices rose 29.66% from a year ago, according to data released by the Pakistan Bureau of Statistics on Monday. That compares with a median…
By Welcome to the Wall Street Week newsletter, giving you some investing food for thought from our conversations on Bloomberg Television with some of the best minds on Global Wall Street. I’m David Westin, and this week we talked with our Special Contributor, Larry Summers, about the recession that didn’t come; Mary Lovely of the…
By More From ForbesDec 28, 2023,01:30pm ESTWho Knows What “Mild Cognitive Impairment” Means?”,”scope”:{“topStory”:{“index”:2,”title”:”Who Knows What “Mild Cognitive Impairment” Means?”,”image”:”https://specials-images.forbesimg.com/imageserve/658db609bcfa64994cb7eb7b/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 28, 2023″,”hourMinute”:”01:05″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1703786708337},”uri”:”https://www.forbes.com/sites/carolynrosenblatt/2023/12/28/who-knows-what-mild-cognitive-impairment-means/”}},”id”:”34m4kman78bg0″},{“textContent”:”Dec 27, 2023,07:00pm ESTTake This Financial Health Checkup To Set Yourself Up For Success In 2024″,”scope”:{“topStory”:{“index”:4,”title”:”Take This Financial Health Checkup To Set Yourself Up For Success In 2024″,”image”:”https://specials-images.forbesimg.com/imageserve/65847b607ca26a89fc352fda/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 27, 2023″,”hourMinute”:”04:00″,”amPm”:”pm”,”isEDT”:false,”unformattedDate”:1703710813202},”uri”:”https://www.forbes.com/sites/nextavenue/2023/12/27/take-this-financial-health-checkup-to-set-yourself-up-for-success-in-2024/”}},”id”:”5m5gnf28i4io00″},{“textContent”:”Dec 27, 2023,10:40am ESTEstate Plan In…
By By Jack Conness, Policy Analyst, Energy Innovation2023 was a tumultuous year for the United States economy. Consumers dealt with pain points from inflation and high gas prices to increased interest rates. Despite these headwinds, the country’s clean energy economy surged thanks to President Biden’s Inflation Reduction Act (IRA) and growing demand for clean energy…
By Dilok KlaisatapornBy William J. Luther After years of underestimating inflation, Federal Reserve officials now appear to be overestimating it. The personal consumption expenditures price index (PCEPI), which is the Fed’s preferred measure of the price level, declined slightly in November. It was the first month of deflation recorded since April 2020. Prices have grown…
By The latest signal of inflation’s retreat is in the books as the year comes to an end.Price increases cooled last month, adding credence to the belief that the Federal Reserve is very likely to start cutting rates as early as March, said Jamie Cox, managing partner for Harris Financial Group.”Disinflation is in the data…
By The Federal Reserve’s preferred inflation gauge, the PCE Index, showed inflation continued to cool in November. But that doesn’t mean Americans are feeling a tremendous amount of relief when they go to the store.As Economic Cycle Research Institute Co-Founder Lakshman Achuthan explains “the rate of inflation is coming down, but it doesn’t mean that…
By The Federal Reserve is winning the battle against high inflation, but the fight is not over yet, a parade of senior bank officials told Wall Street this week. Why the stern lecture? Fed insiders appear to have been taken by surprise by a big market rally after the central bank left a key short-term…
By It was, as ever, a big year in the economy. We seem to always live in interesting times and this year, even though lockdowns were over and things seemed to get back to some sort of normal, was no different. “Normal” ain’t normal any more.Cost of living ruled the narrativeIt was impossible this year…
By More From ForbesDec 20, 2023,07:00am ESTUp 26% YTD, What’s Next For CME Group Stock?”,”scope”:{“topStory”:{“index”:2,”title”:”Up 26% YTD, What’s Next For CME Group Stock?”,”image”:”https://specials-images.forbesimg.com/imageserve/65825f27d50cc40eeaebc8b6/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 20, 2023″,”hourMinute”:”06:00″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1703070022000},”uri”:”https://www.forbes.com/sites/greatspeculations/2023/12/20/up-26-ytd-whats-next-for-cme-group-stock/”}},”id”:”b3arg2r1f0h400″},{“textContent”:”Dec 19, 2023,04:22pm ESTAs 2024 Approaches U.S. Leads Global Crude Oil Production”,”scope”:{“topStory”:{“index”:4,”title”:”As 2024 Approaches U.S. Leads Global Crude Oil Production”,”image”:”https://specials-images.forbesimg.com/imageserve/6581b970fe06f37f94671fc7/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Dec 19, 2023″,”hourMinute”:”11:30″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1703003428879},”uri”:”https://www.forbes.com/sites/gauravsharma/2023/12/19/as-2024-approaches-us-leads-global-crude-oil-production-roster/”}},”id”:”767g7kgkf92k00″},{“textContent”:”Dec 19, 2023,11:25am ESTWhat To Expect From FedEx’s Q2 FY2024…