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A new year will bring more pay for millions of Americans, according to a new study from the Economic Policy Institute (EPI). On New Years Day, 22 states will raise their minimum wage, giving nearly 9.9 million Americans a pay raise. In total, workers will receive $6.95 billion in additional wages from the increases. In… […]
Posts Tagged ‘hikes’
Nearly 10 million Americans will get raises from minimum wage hikes in 2024: study
December 27th, 2023 
Awake Goy 
Posted in Jewish News 
Tags: Americans.., hikes, million, minimum, nearly, raises, study 
No Comments »Retirees Face Steep Hikes In Prescription Premiums In 2024
November 26th, 2023 Awake Goy Authored by Amie Dahnke via The Epoch Times (emphasis ours), Retired Americans enrolled in Medicare’s Part D prescription coverage could see their premiums increase by 42-57 percent in 2024, a new analysis by HealthView Services has found. Early indicators show significant cost hikes for retirees in the five states with the largest senior populations. This […]
Inflation in the eurozone slips to 5.5% but more central bank rate hikes planned
June 30th, 2023 Awake Goy The European Central Bank, along with its peers around the world, has been rapidly raising interest rates to combat inflation Source
Fed Chair warns U.S. could see unexpectedly high interest rate hikes soon
March 10th, 2023 Awake Goy (Natural News) The chairman of the Federal Reserve, Jerome Powell, warned this week that interest rates will likely be higher than policymakers at the central bank previously anticipated. He cited data showing that inflation has now reversed the deceleration experienced late last year. Powell stated: “The latest economic data have come in stronger than expected,… […]
Fed’s Bostic Open to Rate Hikes, Logan Warns Financial System Vulnerable to Bond Stress
March 4th, 2023 Awake Goy Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, is open to continuing to raise interest rates in the months to come if economic data clocks in stronger than expected. Bostic spoke with reporters on Thursday, acknowledging that he will update his policy trajectory if consumer spending is robust and labor markets remain […]
PepsiCo Says No More Price Hikes After Better-Than-Expected Quarterly Results
February 10th, 2023 Awake Goy PepsiCo Inc. said on Thursday it will not further raise prices of its sodas and snacks after multiple rounds of price hikes last year that helped the beverage giant post fourth-quarter profit and revenue ahead of analysts’ estimates. A near duopoly in the carbonated drinks market with Coca-Cola Co. helped PepsiCo raise prices over the […]
After repeated interest rate hikes, IMF warns a third of world will suffer recession in 2023
January 3rd, 2023 Awake Goy With the world’s three largest economies slowing down, said the IMF managing director, economic conditions will “feel like recession for hundreds of millions of people” this year. Source
UK Train Strikes And Energy Hikes Add To Week Of Economic Turmoil
October 2nd, 2022 Awake Goy Prime Minister Liz Truss introduced a highly controversial program of tax cuts that sent the pound tumbling last week. Source
Fed rate hikes won’t tackle the corporate profiteering behind inflation, experts tell Congress
September 24th, 2022 Awake Goy One day after the U.S. Federal Reserve imposed yet another interest rate hike, a trio of progressive political economists on Thursday told members of the House Committee on Oversight and Reform that the best way to curb rising prices—without further punishing workers by deliberately plunging the nation into a recession—is to confront the corporate profiteering […]
Posted in Jewish News Tags: behind, corporate, experts, hikes, Inflation, profiteering, tackle No Comments »Fed rate hikes won’t tackle the corporate profiteering behind inflation, experts tell Congress
September 24th, 2022 Awake Goy One day after the U.S. Federal Reserve imposed yet another interest rate hike, a trio of progressive political economists on Thursday told members of the House Committee on Oversight and Reform that the best way to curb rising prices—without further punishing workers by deliberately plunging the nation into a recession—is to confront the corporate profiteering […]
Posted in Jewish News Tags: behind, corporate, experts, hikes, Inflation, profiteering, tackle No Comments »Fed rate hikes won’t tackle the corporate profiteering behind inflation, experts tell Congress
September 24th, 2022 Awake Goy One day after the U.S. Federal Reserve imposed yet another interest rate hike, a trio of progressive political economists on Thursday told members of the House Committee on Oversight and Reform that the best way to curb rising prices—without further punishing workers by deliberately plunging the nation into a recession—is to confront the corporate profiteering […]
Posted in Jewish News Tags: behind, corporate, experts, hikes, Inflation, profiteering, tackle No Comments »US Federal Reserve hikes interest rates for the third time to fight rising inflation
September 22nd, 2022 Awake Goy Intensifying its fight against high inflation, the US Federal Reserve, or the Fed, raised its key interest rate by substantial three-quarters of a point for a third straight time and signalled more large rate hikes to come — an aggressive pace that will heighten the risk of an eventual recession. The Fed’s move boosted its […]
US Federal Reserve hikes interest rates for the third time to fight rising inflation
September 22nd, 2022 Awake Goy Intensifying its fight against high inflation, the US Federal Reserve, or the Fed, raised its key interest rate by substantial three-quarters of a point for a third straight time and signalled more large rate hikes to come — an aggressive pace that will heighten the risk of an eventual recession. The Fed’s move boosted its […]
World Shares Slip as Markets Brace for More Rate Hikes
September 20th, 2022 Awake Goy Shares opened lower in Europe after a day of declines for most Asian markets, as investors braced for another interest rate hike this week by the U.S. Federal Reserve. Britain was observing a day of mourning for Queen Elizabeth II. Japan’s markets were closed for a holiday. Germany’s DAX lost 0.3 percent to 12,701.41 while […]
Tunisia hikes cooking gas, fuel prices in bid to cut subsidies
September 19th, 2022 Awake Goy Tunisia said on Saturday it is raising the price of cooking gas cylinders by 14% and fuel by 3% as part of a plan to reduce energy subsidies, a policy change wanted by the country’s international lenders, Reuters reports. The Energy Ministry said the cooking gas price will increase to 8.800 dinars from 7.750 dinars, in the first […]
Reserve Bank of Australia Governor Hints at An End to Aggressive Rate Hikes
September 9th, 2022 Awake Goy The governor of Australian central bank, the Reserve Bank of Australia (RBA), has signalled that it might stop raising interest rates aggressively and adopt a more gradual approach. This comes after the central bank lifted the official cash rate for the fifth consecutive time in 2022 on Sept. 6, taking it to 2.35 percent from […]
Greece, Cyprus don’t follow EU States in culture price hikes
September 8th, 2022 Awake Goy Greece and Cyprus have not followed EU states in increasing costs in cultural goods, per the recent data from Eurostat. According to the report, many sectors are registering price hikes, including culture. Increases above the general inflation were observed at the EU level in some cultural goods, including newspapers and periodicals, when comparing July 2022 with […]
Latest price hikes in Gaza make basic subsistence a luxury
August 25th, 2022 Awake Goy Between the effects of the Russia-Ukraine War and the latest Israeli assault, food prices in Gaza are soaring. Source
“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing
August 6th, 2022 Awake Goy From Wake Up New Zealand (source, ZeroHedge) Do you ever get the sense that your favorite steak at that Quick Service Restaurant of your choice keeps getting thinner and thinner all while your check size at the end of the night continues getting larger and larger. Well, it is. How else are publicly traded chains […]
Posted in Corporations Tags: companies, hikes, implement, massive, price, shrinkflation, without No Comments »Interest Rate Hikes Will Not Save Us From Inflation
July 29th, 2022 Awake Goy In prescribing cures for inflation, economists rely on the diagnosis of Nobel laureate Milton Friedman: inflation is always and everywhere a monetary phenomenon—too much money chasing too few goods. But that equation has three variables: too much money (“demand”) chasing (the “velocity” of spending) too few goods (“supply”). And “orthodox” economists, from Lawrence Summers to […]
