Economy

Consumer Prices Increase As Fed Comments On Inflation Risk

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Consumers are feeling the pinch at the grocery store, as rising prices, or inflation, starts to become more visible on the Federal Reserve’s radar. Last month, during the July Federal Open Market Committee meeting, the Fed said the chances of inflation staying below the central bank’s 2% target has “diminished somewhat.” “Inflation has moved...
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What Have Consumers Spent Money On In 2014?

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A new survey sheds light on consumer spending during the first two quarters of 2014. CARD.com analyzed purchases among its pool of 250,000 prepaid debit card holders to see what categories consumers spent money on. The study found women spent most of their money on fast food restaurants, accounting for 17.4% of total transactions,...
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Retail Sales Rise Slightly As Consumers Squash Spending

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Consumers are still hesitant to spend money, amid a tepid economic recovery. The Commerce Department said on Tuesday that retail sales rose 0.2% to $439.9 billion in June, compared to a 0.3% rise in May. Over the past year, retail sales remain up 4.5%. Retail sales data is an important indicator of economic strength,...
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UPS To Change Its Pricing Policy

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UPS will soon start charging based on package size, aside from solely package weight, the company announced last week. UPS already uses this pricing model for air service, but the new changes will take effect on December 29 for ground and standard services. The new pricing model, technically known as dimensional-weight pricing, comes just...
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Rise In Coffee Prices Finally Hits Store Shelves

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The coffee commodity rally is finally making its way to grocery stores via higher prices. The J.M. Smucker Company (SJM), which produces well-known supermarket coffee brands such as Folgers and Dunkin’ Donuts, announced a 9% jump in prices on Tuesday on the heels of higher coffee costs. Arabica prices for futures contracts due in...
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Orange Juice Prices Are Squirting Higher

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Orange juice prices reached a two-year high over fears of smaller harvests in Brazil and Florida, the two largest sources of oranges worldwide. Droughts in both regions have been driving up prices. Orange juice contracts for May delivery on the ICE (Intercontinental Exchange) futures market ended the trading day up about 1% on Wednesday...
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How High Frequency Trading Impacts Investors

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As technology infiltrates equities markets, some investors are proving to be more adept than others at using this technology to their financial advantage. This technology largely surrounds high frequency trading, where complex algorithmic equations are used to analyze market data and make large stock trades. The algorithms find arbitrage opportunities that are sometimes only...
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GM Faces Further Scrutiny Surrounding Safety Recalls

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General Motors (GM) remains in crisis mode as the number of recalls the company has issued continues to swell. Since early February, GM has recalled almost 7 million vehicles, largely surrounding ignition switch, steering and side airbag safety concerns. The latest recall includes 1.3 million vehicles over power steering issues. The defects have been...
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