WASHINGTON—Production at U.S. factories increased moderately in January as motor vehicle output fell for a second straight month amid an ongoing global shortage of semiconductors. Manufacturing output gained 0.2 percent last month after dipping 0.1 percent in December, the Federal Reserve said on Wednesday. Economists polled by Reuters had forecast factory production rebounding 0.3 percent….
US Manufacturing Output Rises Moderately in January
February 18, 2022
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Cost of British Christmas Dinner Rises by 3.4 Percent as Inflation Soars
The cost of a typical Christmas turkey dinner has risen by 3.4% as rocketing inflation pushes up food prices, according to new figures. Kantar said the average cost of a Christmas meal for four, with a frozen turkey and all the trimmings, is now £27.48. The figures show wider grocery inflation has leapt 3.2% year…
Bitcoin Rises 5.2 Percent to $43,717
Bitcoin was up 5.23 percent at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world’s biggest and best-known cryptocurrency has gained 57.6 percent from the year’s low of $27,734 on Jan. 4. Ether, the coin linked to the ethereum blockchain network, rose 5.26 percent to $3,001.48, adding $150.08 to…
Bitcoin Jumps 9 Percent to Touch 12-Day High
LONDON—Bitcoin extended gains on Friday, climbing over 9 percent in late morning trade to $47,800, its highest level in 12 days. The largest cryptocurrency was last up 7.9 percent at $47,263, which if maintained would be its largest one-day jump since mid-June. Smaller coins ether and XRP, which tend to move in tandem with bitcoin,…
Wall Street Rises, but Tracks Steep Monthly Losses
September 30, 2021
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Wall Street’s main indexes rose on Thursday at the end of a bruising month as investors kept a close watch on funding negotiations in Washington to prevent a government shutdown. The benchmark S&P 500 was still on course to snap its seven-month winning streak, due to worries about inflation, fallout from China Evergrande’s potential default…
Average US Price of Gas Rises 2 Cents per Gallon to $3.22
CAMARILLO, Calif.—The average U.S. price of regular-grade gasoline rose 2 cents over the past two weeks, to $3.22 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that gas supply is abundant, which could keep prices from spiking further. The price at the pump is 98 cents higher than it was a…
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