According to the Bond markets we are moving from stagflation to a recession. State of play: The two-year Treasury yield has fallen from a recent high of 3.44% on June 14 to 2.91% this morning. This implies the Fed will have to back off its rate-raising plans sooner than seemed… Read More »From Stagflation to Recession
A bump in tourism is good for Arizona, which still has a large part of its economy tied to turism. Coming off the worst year in tourism history, 2021 wasn’t much of an improvement, as travel remained subdued in the face of the persistent threat posed by Covid-19. According to the United… Read More »Tourism is Looking UP
Most of this is tik tok videos, but video is the new thing and higher and higher resolution pictures. With super-fast wireless connections, all-screen smartphones and apps like TikTok, YouTube and of course Netflix, people are consuming more video content than ever on the go. That increase in mobile video… Read More »We Keep Consuming More and More Mobile Data
As Inflation skyrockets americans turn to their savings to pay for their bills. As prices for everyday purchases continue to surge in the United States, many families struggle to make ends meet. And even among those who manage to keep their standard of living and pay all their bills, something’s… Read More »Inflation is Taking a Bite Out of Savings
Over the past few years, podcasts have emerged as a new form of distributing audio content to a broad, international audience. Particularly popular among younger audiences and digital natives, podcasts are especially well-suited for long-form audio content such as interview formats and talks that dig deeper into certain topics or special interests… Read More »Podcasts: What People Tune Into
Americans are plagued by inflation in many different ways, but gas prices are certainly one of their worst headaches. The average price of one gallon of regular (all formulations) reached a new all-time high for the sixth week in a row on Monday, climbing to $5.00 for the first time… Read More »Gas is at an all time high
Inflation is taking a chunk out of savings, wages, profits. Here’s some perspective on the tight labor market: Once you adjust wage data for inflation, workers in the U.S. don’t seem to have made much progress since the before-times, Emily writes. American workers earned $31.95 on average, in real terms… Read More »Real Wages Are Dropping
IE has been with us for a long time and the verdict is still out on Edge. Microsoft is shutting off one of the least-beloved titans of the early internet era today – at least for their most recent operating system. Windows 10 users that try to connect to the… Read More »The Slow Death of Internet Explorer
Investors think Fed rate hikes are a done deal, Axios’ Matt Phillips writes. Sometimes things change. For instance, expectations about Fed rate hikes. Driving the news: Friday’s sizzling inflation report reinforced surging expectations for Fed rate hikes this year. This means traders and investors are overwhelmingly betting the central bank will hike… Read More »Interest Rates are Rising
Consumers are worried how far their paycheck is going to go with everything going up around them. Consumer sentiment hit an all-time low this month, according to the University of Michigan’s closely watched survey of consumers, Courtenay writes. What’s happening: Roughly 46% of consumers said their negative views about the… Read More »Consumer Sentiment at All Time Low