Category: soar

Food Prices Soared in 2022, Americans Hope for Improvement in 2023

Food prices soared in 2022, and so far there are few solutions on the horizon for 2023. The latest Consumer Price Index Data from the Bureau of Labor Statistics found that grocery prices increased 12 percent in the previous 12 months, far higher than the already elevated inflation rate. The BLS index for wholesale prices…

US Natgas Volatility Jumps to a Record as Prices Soar Worldwide

Volatility in U.S. natural gas futures jumped to a record on Tuesday on the back of an energy crunch in major world markets that has sent prices soaring globally. Natural gas prices are at record levels in Europe and Asia, as major markets like China struggle to find enough fuel to meet demand that has…

Shares Drop for Third Day, Yields Soar as Markets Brace for Rate Hikes

LONDON—Global shares fell for a third successive day on Tuesday, while bond yields on both sides of the Atlantic soared on anxiety over when central banks might raise interest rates. MSCI’s All Country World Index, which tracks shares across 49 countries, was down 0.3 percent on the day after the start of trading in Europe….