Diamond News Archives
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Consumers borrowed bravely in December, amid shortages of all kinds, particularly new vehicle shortages, and amid skyrocketing prices of new and used vehicles, and sharply higher prices on other goods and services. Undeterred, consumers bought not what they wanted to buy, but what there was to buy. And enough consumers borrowed to do so in order to make banks smile again.
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- Category: News Archives
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Gold prices climbed to a more than one-week high on Monday, supported by inflation worries and lingering geopolitical risks, as markets awaited key U.S. inflation data for cues on the Federal Reserve's interest rate hike trajectory.
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Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace.
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- Category: News Archives
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It was minted at the Tower of London in January 1344, but was only in circulation for seven months before it was withdrawn. There are few survivors.
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- Category: News Archives
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Airlines, gas stations and large retailers have used dynamic pricing for years. Now more sellers are trying out the strategy to help deal with inflation.
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