category

Inflation

Market sees investors bailing on growth names

Clearstead Advisors senior managing director Jim Awad and Belpointe chief strategist David Nelson on what's in store for the markets in 2022, the January effect and the Federal Reserve's response to rising U.S. inflation.

IKEA to raise prices this year

Ingka Group, which owns and operates 392 IKEA stores worldwide, said the move to raise prices reflects the "changing economic conditions affecting all industries."

Democrats look to salvage wreckage of Biden's spending plan in 2022

Democrats are kicking off the new year with hopes of salvaging the fragments of President Biden's signature economic spending plan, just weeks after key moderate Sen. Joe Manchin thrashed the party's hopes of passing the massive social spending and climate bill.

Biden to target meatpacking giants over surging inflation

President Biden on Monday will roll out a new plan to target a handful of meatpacking companies that control the bulk of the nation's supply, months after his administration accused the conglomerates of facilitating anti-competitive behavior that has caused meat and poultry prices to skyrocket.