Metals Swing Sharply on Russian Sanctions
Bloomberg reports that metals whipsawed as sanctions on new Russian supplies rattled the LME. They write:
Metals swung sharply, with aluminum surging by a record...
America’s Pandemic-Driven Warehouse Boom is Losing Steam
Liz Young of The Wall Street Journal tells her readers that average leasing rates across the U.S. have flattened out, with deals to be...
Inflation Hotter than Expected in March
Sam Goldfarb and Nick Timiraos of The Wall Street Journal report that consumer prices rose 3.5% in March, and underlying price pressures remained strong. They write:
Stubborn...
The Buck Stops Here – Dollar Store Closings
Warren Shoulberg of The Robin Report reports that despite inflation, the dwindling middle class is not necessarily trading down to dollar stores the way...
Is Amazon Fueling an AI Revolution?
Emily Bary of MarketWatch reports that Amazon’s ‘building blocks’ and cost-effective AI chips are among its strengths, according to the company's CEO, Andy Jassy,...