Implications of Adobe’s Digital Price Index for Small Business Owners

For the eleventh consecutive month, the Adobe Digital Price Index (DPI) indicates a decline in online prices, shedding 1.6% compared to July 2022. This drop should capture the attention of small business owners, especially those operating online storefronts, as it holds significant implications for both market positioning and inventory decisions. As per Adobe’s report, released on August 8, 2023,...

Inflation ticked up in July, reversing some progress in fight to slow price hikes

The fresh data arrived roughly two weeks after the Federal Reserve raised its benchmark interest rate another quarter of a percentage point. ABC News: Top Stories

Putin attempts to undermine oil price cap as global energy markets fracture

Oil markets are more “divided, more politically charged” than ever — but are likely to shake off Russia’s export ban announcement in the short term. International: Top News And Analysis

Ford again hikes the starting price of the F-150 Lighting pickup, now up 40% since launch

A new price increase of $ 4,000 means Ford has upped the entry-level pricing of the F-150 Lightning electric pickup by 40% since the vehicle’s launch. U.S. News

Gas price surges to a record high in Europe on supply concerns

Natural gas contracts hit new highs in Europe on Tuesday, as soaring prices continue to put pressure on the region’s energy sector ahead of the winter period. International: Top News And Analysis

Thematic tech ETFs see big price declines, but modest outflows. Unpacking the moves

There’s a “misconception” about who buys into thematic tech funds, says Global X’s head of research and strategy, Jay Jacobs. U.S. News

Coinbase gets reference price of $250 per share from Nasdaq ahead of Wednesday’s direct listing

The Nasdaq said on Tuesday that Coinbase’s reference price for its direct listing is $ 250, which would value the company around $ 65.3 billion (fully diluted). International: Top News And Analysis

Bitcoin tops $1 trillion in value again as the cryptocurrency’s price jumps

It is only the second time that bitcoin’s value has surpassed a $ 1 trillion after hitting that milestone for the first time on Feb. 19. International: Top News And Analysis

Sweden kept its country relatively open during the coronavirus pandemic, but its elderly paid a price

Sweden did not go into lockdown, instead issuing recommendations about social distancing and working from home while allowing many schools and businesses to stay open. International: Top News And Analysis

Goldman hikes gold price forecast on debasement fears and a weaker dollar

Despite struggling for direction since its sharp gains at the height of the coronavirus crisis, Goldman Sachs analysts are backing gold to rally further on the back of debasement fears and a weakening dollar. International: Top News And Analysis

Saudi Arabia is the winner from oil’s historic price plunge, analysts say

Saudi Arabia will be best positioned to weather the impact of an unprecedented collapse in U.S. oil prices, analysts told CNBC on Tuesday. International: Top News And Analysis

OPEC deal collapse sparks price war: ‘$20 oil in 2020 is coming’

The news is a sudden U-turn from previous attempts to support the oil market as the new coronavirus hammers global demand. International: Top News And Analysis