The U.S. is missing around 4.3 million workers; a shortage many economists expect to last at least several more years Companies and businesses such are attempting to adjust. Scarce labor is becoming a constant reading of the U.S. economy, reshaping the workforce and prodding firms to adapt by raising wages, …

The global chip shortage rages on, and some predictions indicate supply and demand will not reach balance until 2023. For some chip stocks, though, the shortage of tech hardware and soaring prices hasn’t led to a windfall. Two stocks in the industry that have struggled this year are ACM Research …

Tesla has no fewer than four models in the top 10 list of most American-made cars on sale today, according to an annual automotive index measuring the amount of US-manufactured content in vehicles. The Kogod School of Business’ 2021 Made in America Auto Index lists the Tesla Model 3 in …

The Turkish lira is at its worst, as local investors could start to turn away from it, which would further its decline that has pushed the currency to consecutive record lows over the past month.So far, domestic investors have sold more than $5 billion of their foreign currency deposits in …

A global energy crunch is expected to boost oil demand by 500,000 barrels per day and could stoke inflation and slow the world’s recovery from the COVID-19 pandemic, the International Energy Agency warned on Thursday.Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to …

Crude oil prices slid lower Thursday after the Energy Information Administration reported a crude oil inventory build of 6.1 million barrels for the week to October 8.Gasoline inventory builds have also failed to put a lid on prices at the pump in the past couple of weeks. For last week, …

Current coal prices have recorded 1,500 Yuan per tonne. Soaring energy prices sent producer prices to their highest in at least 25 years in September, rising by 10.7% from a year earlier according to official data released on Thursday and Cold winter weather is likely to push coal prices higher.Daily …

Consumer Price Index data from the U. S. Labor Department and FOMC minutes represented the key market drivers on Wednesday. Inflation is still steering the both the U. S. economy and fiscal policy as prices continued their ascent in September. Social Security benefits will rise 5.9% in 2022, the highest …

Turkey’s President Tayyip Erdogan dismissed three central bank monetary policy committee members on Thursday. Erdogan appointed two new members in their place according to the Turkish Official Gazette, sending the lira to new record lows. Erdogan appointed Taha Cakmak as a deputy central bank governor and Yusuf Tuna as an …

Prices of residential property across New Zealand rose by 15.4% to $795,000 in September 2021 compared to $689,000 in September 2020, according to the latest data from the Real Estate Institute of New Zealand (REINZ).Seven out of 16 regions reached new record median prices, the most since April 2021. Nine …