Food price inflation is expected to climb above 4 per cent this year, the British Retail Consortium (BRC) has warned, in a sharp reversal of the recent trend of slowing shop prices. According to the lobby group’s forecasts, prices at the supermarket tills will surge by an average of 4.2 per cent in the second half of the year. Helen Dickinson, chief executive of the BRC, attributed the looming price increases to rising employer national...
Emma Watson’s premium gin venture Renais has raised nearly £5 million to speed up its global expansion, building on its reputation for sustainable production and strong international demand. Co-founded by the Harry Potter star and her brother, Alex Watson, the Dorset-distilled gin uses grapes sourced from the Burgundy region, including a small proportion from the family’s own vineyard in Chablis. Despite a backdrop of economic and political uncertainty — with Donald Trump’s inauguration and proposed...
Supporters and friends of the late President Carter will attend his funeral Thursday at Washington, D.C.’s National Cathedral. The service, scheduled to begin at 11 a.m., comes as President Biden declared Thursday a National Day of Mourning for the 38th president, who died Dec. 29 at the age of 100. The so-called presidents’ club — the five living men who once occupied the White House — will all gather for the event. President Biden and...
For those interested in shipping jobs and the wider journey that sees products arriving here in the UK, it’s useful to understand the top shipping routes in the world. Shipping routes are the lifelines of global trade, facilitating the movement of goods across continents. These routes are strategically important for international commerce, connecting major ports and economic hubs and provide great shipping jobs for mariners. Outlined below are some of the top shipping routes in...
Supreme Court Justice Samuel Alito confirmed to Fox News Wednesday that he spoke with President-elect Donald Trump the day before Trump’s high court appearance but said they did not discuss an emergency application the former president’s legal team planned to file to delay the sentencing. Alito told Fox News’ Shannon Bream he was asked if he would accept a call from Trump regarding a position that his former clerk, William Levi, is being considered for,...
The 10-Year Treasury Yield has gone up a full percentage point, from a low of 3.6% in September 2024 to a level of 4.6% this week. What does this rapid rise in interest rates mean for your portfolio? Let’s look at the shape of the yield curve by comparing multiple maturities, review how recent moves on the yield curve relate to previous recessionary periods, and analyze the most important charts to gauge a potential impact....
President Biden will be in office less than two more weeks, but that’s not slowing down Utah Attorney General Sean D. Reyes and Texas Attorney General Ken Paxton, both Republicans, from taking the Biden administration to court over new energy-efficient housing standards they argue undermine affordable housing and go beyond what federal law allows. This isn’t the only late lawsuit or complaint filed against the Biden White House in its waning days, and it marks...
In this exclusive StockCharts video, Julius takes a look at what he recently called “The Best Five Sectors” on a relative rotation graph side-by-side with their price charts. He then takes an in-depth at Consumer Discretionary, and shares some interesting stocks within, including AMZN, ULTA, and more. This video was originally published on January 8, 2025. Click on the icon above to view on our dedicated page for Julius. Past videos from Julius can be found here. #StayAlert, -Julius
President-elect Donald Trump is envisioning a future without new wind energy projects under his administration, arguing that this power source is economically impractical and is causing harm to marine life. Trump has long criticized using wind farms as a main form of energy production, but his latest remarks suggest that his incoming administration could place major restrictions on the future production of new wind-powered energy projects. ‘It’s the most expensive energy there is. It’s many,...
In this exclusive StockCharts video, Joe shares how to identify the best entry point by using two timeframes, Moving Averages, MACD and ADX. He shows two different examples of when to pull the trigger. Joe highlights weakness in the Large Cap universe, and finally goes through the symbol requests that came through this week, including NVDA, ABNB, and more. This video was originally published on January 8, 2025. Click this link to watch on Joe’s...
