BERLIN—German wholesale prices rose by 16.6 percent on the year in November, official data showed on Monday, recording their biggest annual rise since data collection for the measure began in 1962 and suggesting higher consumer prices may follow. The price measure is widely considered an indicator of future inflationary tendencies as wholesale trade is the…

NEW YORK/LONDON—Oil prices surged again on Monday to multi-year peaks, giving a fillip to materials and energy shares and helping U.S. stocks to reverse early declines as investors looked past stagflation risks for now. U.S. crude jumped 2.28 percent to $81.16 per barrel, a level not seen since late 2014, and Brent rallied 1.9 percent…

In this consumerism-obsessed, materialism-driven age, is it possible to transform ourselves from being obsessed with what we want to being content with what we actually need? I am here to tell you that yes, it’s possible and easier than you might think. My family and I have been making this transition over the past few…