Tag: inflation

Samsung Products May Soon Offer Telehealth

Last week, famous consumer electronics and digital technology leader, Samsung, announced a new partnership with IntelliTek Health, a company that has developed a patient centered virtual assistant tool. The partnership’s goal is to use AI technology and digital voice assistance to enable healthcare providers to deploy their services through Samsung products. IntelliTek Health’s “Personal Virtual …

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XAU/USD senses hurdles around $1,930 as market mood sours, yields extend gains

Gold price has sensed selling interest around $1,930.00 as a risk-off profile has emerged. Rising yields on US Treasuries have provided a cushion to the US Dollar Index. US firms are hoping for a bleak economic outlook amid rising interest rates by the Fed. Gold price (XAU/USD) has sensed barricades while attempting to cross the …

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AUD/USD extends recovery above 0.7100 despite caution stems in market mood

AUD/USD has scaled to near 0.7115 after a recovery move despite solidifying cautionary market mood. The Fed might hike interest rates by 25 bps and keep them steady at 4.75-5.00% for the remaining year. Australian monthly Retail Sales are expected to display de-growth by 0.3%. The AUD/USD pair has accelerated to near 0.7115 after rebounding …

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Predictions for the housing market, lower internet costs and stable stocks: Must-read business and investing stories

As interest rates continue to put pressure on mortgage costs, the Bank of Canada predicts home prices will continue to fall before sales pick up later this year.Justin Tang/The Canadian Press Getting caught up on a week that got away? Here’s your weekly digest of The Globe and Mail’s most essential business and investing stories, …

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Two-fifths of older workers ‘delaying retirement’ because of inflation, markets

There’s a new survey out, and pretty much everything in it depresses me. Retirement confidence is way down. Retirement anxiety is way up. Women in particular are sacrificing their own retirement plans to give financial aid to “family members” (adult children, presumably) or friends. Key retirement knowledge is minuscule. Read: Boost your bank account by …

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There has been an increase in egg smuggling attempts across the border, says San Diego Customs

CNN: – High prices are driving an increase in attempts to bring eggs into the US from Mexico, according to border officials. Officers at the San Diego Customs and Border Protection Office have seen an increase in the number of attempts to move eggs across the US-Mexico border. according to a tweet from director of …

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Gold’s rally will continue into 2023, these 3 indicators reveal why – Alain Corbani

Despite its lackluster performance in 2022, gold has recently seen a surprise rally, with its price rising 16.9 percent over the past three months. This rally will continue into 2023, according to Alain Corbani, Portfolio Manager at the Gold & Precious Fund. Corbani, who has three decades of experience in …

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Egg smuggling up 108% at US-Mexico border as prices soar

With eggs topping $8 a dozen in some cities, the kitchen staple has become a clandestine commodity — smuggled across the southern border for shoppers hoping to save on soaring prices, Customs and Border Protection officials told The Post. There has been an astounding 108% increase in eggs confiscated at ports of entry in the …

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UK’s king asks windfarm deal profits be directed to public

LONDON (AP) — King Charles III has asked that annual profits from a 1 billion-pound ($1.2 billion) Crown Estate windfarm deal be used for the public good rather than the royal family. The Crown Estate confirmed Thursday that it had signed lease agreements for six offshore wind projects. Such a windfall would normally lead to …

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