Prices

Here’s why egg prices have jumped in 2022 even as the cost of chicken drops

D3sign | time | Getty Images Soaring egg prices have stood out in a year that Americans have seen their bills soar through groceries. Average egg prices jumped 49.1% in November from a year earlier — the largest annual percentage increase of any grocery product during this period, according to the price index. consumption, a …

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Gold at $4,000? Analysts share their price outlook for 2023

The price of gold could climb to $4,000 an ounce in 2023 as interest rate hikes and fears of recession keep markets volatile, said Juerg Kiener, managing director and chief investment officer of Swiss. AsiaCapital. The price of the precious metal could reach between $2,500 and $4,000 next year, Kiener told CNBC’s “Street Signs Asia” …

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Fed Rate Decision, South Korea Trade, Australia Unemployment, New Zealand GDP

November retail sales in China experience major misfires China’s industrial production for November rose 2.2%, after growing 5% in October, official data showed. That’s less than expectations for 3.6% growth in a Reuters survey. Retail sales fell 5.9% on an annualized basis, more than expectations of a 3.7% drop in a Reuters survey and a …

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Stock futures are flat as investors await the Federal Reserve’s rate hike decision on Wednesday

Stock futures were flat on Tuesday evening as investors await the Federal Reserve’s latest interest rate hike decision in its effort to crush inflation, due out on Wednesday. Dow Jones Industrial Average futures rose 4 points, or 0.01%. Futures contracts related to the S&P 500 and the Nasdaq 100 rose 0.01% and fell 0.02% respectively. …

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FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming – The Wall Street Journal

FTC’s Tussle With Microsoft Puts Spotlight on Cloud GamingThe Wall Street Journal Microsoft acquisition of Activision remains ‘less than 50-50’ chance amid FTC lawsuit: AnalystYahoo Finance Microsoft News Roundup: Activision Blizzard, Surface Hub 2, Windows 11 on Surface Duo, and moreWindows Central A Wild Idea: Could Xbox Release ‘Starfield’ On PlayStation To Appease Regulators?Forbes OnPodcast …

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Asia-Pacific markets, CPI data, Fed, Hang Seng index

Southeast Asian markets poised for ‘bungee jump’ in 2023, says JPMorgan Southeast Asian markets will follow a “bungee jump”-like trajectory next year – plunging before surging in the second half of 2023, JPMorgan wrote in a report. This will likely be characterized by a “sharp fall followed by a rapid rise in altitude (bear market …

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CEOs of Walmart, JPMorgan and GM talk about a possible slowdown

General Motors CEO Mary Barra speaks during a visit by the President to the General Motors Factory ZERO electric vehicle assembly plant in Detroit, Michigan on November 17, 2021. Almond Ngan | AFP | Getty Images As 2023 approaches and the prospect of a recession looms, corporate America is bracing for a slowdown in consumer …

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Stock futures are up slightly as fears grow over upcoming interest rate hikes

Stock futures are trading nearly flat on Monday night as investors tried to shake off the previous session’s selloff. Dow Jones Industrial Average futures added 52 points, or 0.1%. S&P 500 and Nasdaq-100 futures both gained 0.1%. Monday’s close marked a negative start to the trading week. The Nasdaq Composite led the charge lower, shedding …

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