inflation

Smaller rate hikes are likely coming in December, says Fed Chair Powell | Focus Economy | Pages Da

Federal Reserve Chairman Jerome Powell said at an economic forum on Wednesday that the Federal Reserve may reduce the pace of its aggressive rate hikes as early as December. “The time to reduce the pace of rate hikes may come right after the December meeting,” he said in remarks at the Hutchins Center for Fiscal …

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Out There: Shoppers defeated by price checks and clogged aisles | Pages Da

Let’s just get real here. I don’t like shopping and shopping doesn’t like me. Here are the top five things that bother me about shopping. 1. No prizes Several times per trip to the store, I’ll look at something interesting, scan the shelf for a price, scan some more, and walk away. If I don’t …

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What are ‘Buy Nothing’ groups? Experts say trend can help Canadians handle inflation – National | Pages Da

For Edith Wu, Facebook is not only a social platform to connect with friends and families, but also the perfect place to look for freebies for her baby. “I usually go to Facebook groups that give away free stuff in my area. There are also moms’ groups that sell used items, says Wu, who is …

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ftx.com collapse: Beyond the crypto crash, a big squeeze jolts stock markets anew

Being hooked on crypto news this week meant missing out on adventures in regular markets, which while not having the same high drama, made up for it in terms of money staked. In case you missed it, stock and bond traders spent the last five days still hooked on an event that people intrigued by …

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Autumn Statement 2022 latest LIVE: Chancellor Jeremy Hunt to unveil spending cuts and tax rises

J Eremy Hunt is expected to pledge to help the economy weather “the economic storm” when he unveils an “exciting” package of £54 billion of tax hikes and spending cuts in his autumn statement on Wednesday. The Chancellor is vowing to make “difficult decisions” as he unveils a plan to close an estimated £50-60billion black …

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Amazon to lay off 10,000 people: Report | Business and Economy News

Cuts will focus on its devices unit, which houses voice assistant Alexa, as well as retail and human resources units, The New York Times reported. Amazon.com Inc plans to lay off about 10,000 employees in corporate and tech jobs starting this week, The New York Times reports, citing people with knowledge of the matter. The …

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‘Porch Pirates for Good’ food drive is back in Peterborough – Peterborough

Halloween may be over, but you might see pirates around Peterborough, Ontario this weekend. But don’t worry, these scoundrels donate their treasure. Megan Murphy is the organizer of the “Porch Pirates for Good” food drive. “Saturday November 12 at 9 a.m. we ask the neighbors to put their food on their porches, and we have …

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Hershey braces for elasticity moderation even as it predicts ongoing strong sales through Q4

During Hershey’s third-quarter conference call with investors last Friday, executives announced strong gains in chocolate retail sales for the three months ended Oct. 2 and a strong start to the fourth quarter thanks to Halloween, which saw attendance and spending finally pick up returned to pre-pandemic levels after muted celebrations in recent years. “In the …

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