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Inflation
US consumer prices came in hotter than expected in March. The Consumer Price Index (CPI) rose 0.4% over the previous month and 3.5% over the prior year in March.The data matched February's month-over-month increase.
BusinessFortune‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says
"But I go back to the 2000s, I was bullish on oil then as I am on copper today."
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BusinessFortuneConsumers are so demoralized by inflation and high rates that they’ve given up on saving for the American Dream and are spending money instead, economist says
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
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