The numbers are already baked in and will appear over the next 24 months. by Wolf Richter to Wolf Street. The rent factor represents 32% of the CPI. Despite the massive rise in “rent demand” across the United States, these two rent factors for the CPI have been much lower than the CPI and thus … Read more
Brian Chesky, CEO and co-founder of Airbnb Inc. , during the New York Economic Club luncheon at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 13, 2017. Michael Nagel | Bloomberg | Getty Images Airbnb It beat Wall Street estimates of earnings and revenue within its range Fourth quarterThe travel … Read more
Prices at the wholesale level jumped twice the level expected in January as inflation pressures were unrelenting at the start of the year, the Labor Department said Tuesday. The Producer Price Index, which measures final demand for goods and services, rose 1% during the month, versus the Dow Jones estimate of 0.5%. Over the past … Read more
SAN FRANCISCO, Feb. 14 (Reuters) – Tesla CEO Elon Musk donated a total of 5,044,000 shares in the world’s most valuable automaker to charity from November 19 to November 29 last year. SEC) on Monday afternoon. The donation was valued at $5.74 billion, based on closing prices for Tesla stock in the five days he … Read more
