The difference between Ireland’s consumer price index (CPI) and Eurostat’s harmonized index of consumer prices (HICP) is more than just a percentage point. In July, Ireland’s CPI showed inflation at 5.8%, while Eurostat’s HICP reported 4.6% inflation. The discrepancy arises because the CPI includes mortgage interest payments, whereas Eurostat does not. As interest rates continue …
London CNN — The price of bitcoin has declined by nearly 9% since Thursday due to a broader sell-off of risky assets. Investor concerns were exacerbated by reports that Elon Musk’s Space X had sold off the cryptocurrency. According to CoinGlass, a cryptocurrency trading platform, cryptocurrencies have experienced a total loss of $1 billion in …
Consumer price hikes in Minneapolis accelerated on an annual basis for the first time in over a year, according to data released by the Bureau of Labor Statistics. The Consumer Price Index rose by 3.2% for the year through July, compared to a 3% increase in June. Although the annual increase fell short of economists’ …
Are you looking to purchase marijuana from a dispensary? Well, don’t reach for your Mastercard just yet. Yesterday, Mastercard made an announcement that it will no longer allow marijuana purchases on its debit cards. This decision is a significant blow to the already financially marginalized marijuana industry in the US, as reported by Reuters. …
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CNN— China, known for its diverse food scene, offers a wide range of flavors that make it difficult to compile a definitive list of the “best” Chinese dishes. However, having a list of essential eats can greatly enhance your culinary experience in this country of vast flavors. Although international tourists are currently unable to visit …
Stocks on Wall Street are once again experiencing a decline as concerns about the strength of banks in both the U.S. and Europe continue to grow. The S&P 500 is down 1.5% in morning trading, while European markets are seeing sharper declines, particularly in Credit Suisse, whose shares have dropped to a record low. The …