As Fed warns of turbulence, markets are buckling their seat belts

As Fed warns of turbulence, markets are buckling their seat belts

WASHINGTON, Aug 15 (Reuters) – The Federal Reserve’s hawkish report on inflation quickly registered on U.S. housing markets this summer as mortgage interest rates shot up and home sales slowed. But that was the only significant and expected adjustment across the economy, which met the US central bank’s most aggressive monetary policy shift in a…

Inflation is starting to strain the finances of young, low-income Americans

Inflation is starting to strain the finances of young, low-income Americans

A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are…

As electric cars go mainstream, it’s vying for market share in home chargers

As electric cars go mainstream, it’s vying for market share in home chargers

BEDFORD, England, July 20 (Reuters) – As electric vehicles (EVs) take off, the battle for market share among start-ups selling home chargers is heating up, fueling more deals in the industry as tens of millions of units are installed worldwide . over the next decade. According to a Reuters analysis, more than 100 companies in…