Category: Rising

UK Food Prices Rising as Inflation Bites

March 1, 2022
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Food prices in Britain are rising at near-record levels as the cost-of-living crisis bites, according to new data. Kantar said inflation in February was 4.3 percent, with prices rising fastest for savoury snacks, fresh beef, and cat food, while the cost of bacon, beer, lager, and spirits fell. Sales in the 12 weeks to February…

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Fauci Says Omicron COVID Cases Rising in ‘Vertical Spike’ but Peak Could Come Soon

January 5, 2022
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By Dave Goldiner From New York Daily News Dr. Anthony Fauci said the new year is bringing bad news as the highly transmissible omicron variant powers a “vertical spike” in COVID-19 cases. But even as omicron drives the worst caseloads of the entire pandemic, Fauci believes the wave could peak quickly. “Cases are not going…

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S&P Ends Modestly Lower as Rising Treasury Yields Offset Robust Retail Data

September 17, 2021
Business & EconomyCompaniesdataeconomyLocal NewsMarket WatchMarketsNew YorkNY NewsRegional-Local NewsRetailRisingS&PtreasuryUSUS News
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NEW YORK— The S&P 500 ended slightly down on Thursday, paring losses in late trading after unexpectedly strong retail sales data underscored the strength of the U.S. economic recovery. The three major indexes spent much of the day in negative territory as rising U.S. Treasury yields pressured market-leading tech stocks, and the rising dollar weighed on…

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