ANDERSON — Madison County is in the midst of an economic recovery during the COVID-19 pandemic, according to an Anderson University finance faculty member.  The Anderson Rotary Club hosted the annual Business Outlook presented by Indiana and Anderson universities Tuesday at Anderson Country Club. Lonnie Leeper with AU said Madison County is taking the right steps...Read More

Producers of metals and other raw materials ticked down after the dollar added to recent gains. The dollar hit its highest level in more than a year against a basket of other currencies, weighing on gold and copper futures. Freeport McMoRan, which mines both commodities, fell by about 3%. Gold futures fell 0.7% to $1853...Read More

Want evidence? Just look at the recent rise in gold and the US dollar. What’s happening: Gold prices are back above $1,870 per troy ounce, their highest level in five months. The US dollar, meanwhile, is the strongest it’s been since July 2020. “Inflation upside catalysts are clearly materializing and look unlikely to fade in...Read More

Trafigura logo is pictured in the company entrance in Geneva, Switzerland March 11, 2012. REUTERS/Denis Balibouse SINGAPORE, Nov 16 (Reuters) – Global oil markets remain very tight and heavily backwardated as demand returns to pre-pandemic levels, the chief executive officer of global trading firm Trafigura said on Tuesday. “We are seeing a very, very tight...Read More

Gas prices reached all-time highs this week in California, where per-gallon prices skyrocketed to more nearly $6 in some areas.  The statewide average price for a gallon of regular rose steadily over the past few weeks to $4.68. At a station in Los Angeles’  Mid Wilshire District, on Monday, a gallon of regular was $5.99....Read More

The safe-haven dollar hit a 16-month high against a basket of major peers on Monday, fueled by global growth and inflation concerns, as investors looked forward to fresh data this week on the state of the U.S. consumer. The dollar was boosted on Wednesday by data that showed U.S. consumer prices rose last month...Read More

“The pandemic has been calling the shots for the economy and for inflation,” Yellen told CBS’s ‘Face the Nation’ programme. “And if we want to get inflation down, I think continuing to make progress against the pandemic is the most important thing we can do.” US inflation reached its highest level since 1990, as October’s...Read More

Pedestrians wearing protective masks, following the coronavirus disease (COVID-19) outbreak, make their way during commuting hour at a business district in Tokyo, Japan, January 7, 2021. REUTERS/Kim Kyung-Hoon/File Photo Q3 GDP annualised -3.0% vs f’cast -0.8% Declines in exports, capex, consumption hurt economy in Q3 Economic outlook in Q4 likely brighter but growth seen slow...Read More

America is experiencing extended shortages of goods without recent precedent. The global transportation system is heavily congested, with dozens of ocean freighters waiting off California to dock. Is America’s economy beginning to emulate the former Soviet Union? Consumer spending quickly recovered from a sharp decline at the COVID-19 pandemic. More significantly, the pandemic and the...Read More

The dollar It is one of the variables that most expresses the fears of Argentines, who recall the devaluations that occurred after other electoral processes. For this reason, the Central Bank (BCRA) had to intervene with more than US $ 600 million in November to avoid a slippage in the official price and thus try...Read More