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07.03.26 - 19:24
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Companies Report Raging Inflation, Except In Wages & Rents (ZeroHedge)
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Companies Report Raging Inflation, Except In Wages & Rents
Authored by Wolf Richter via Wolf Street,
Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region.
These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said.
Manufacturers and service firms both reported that the costs of utilities jumped by about 8.5% on average. About one-fifth of the companies reported increases of 20% or more. “Indeed, sharply rising utilities costs in some areas have been tied to the explosive growth of AI-related data centers,” the report said.
For service firms, the third worst cost increases were in business insurance, which jumped by 6.8%. This includes liability, property, auto, and workers' compensation insurance.
For ...
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06.03.26 - 20:48
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US Bonds See Worst Week Since April on Inflation Concerns (Bloomberg)
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Vineer Bhansali, founder of LongTail Alpha, joins Caroline Hyde and Isabelle Lee on "Bloomberg Real Yield." Treasuries are heading for their biggest weekly loss since April 2025 as surging oil prices fuel inflation concerns, overshadowing a surprisingly weak US jobs report that might otherwise bolster the case for Federal Reserve interest-rate cuts. (Source: Bloomberg)...
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06.03.26 - 18:30
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Iran war pushes oil price above $90 threatening rise in global inflation (The Guardian)
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Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since pandemic beganThe Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ago, threatening a fresh rise in global inflation.Reports that Kuwait had begun cutting production of oil at some fields after running out of space to store it drove the cost of a barrel of Brent crude to as high as $91.89 at one point on Friday – its highest since April 2024 and up from about $72.50 just before war broke out. Continue reading......
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