inflation – Page 50 – One America News Network

PICO RIVERA, CA - JULY 15: Hostess Twinkie snack cakes and Donettes are on display at a store July 15, 2013 in Pico Rivera, California. Twinkies returned to store shelves after Hostess filed for Chapter 11 bankruptcy late last year, after years of management turmoil and a standoff with its second-biggest union. The company sold off its various brands, with Twinkies and other Hostess cakes going to private equity firms Apollo Global Management and Metropoulos & Co. (Photo by Kevork Djansezian/Getty Images)

J.M. Smucker Agrees To Buy Hostess Brands In $5.6 Billion Deal

Jelly Maker J.M. Smucker announced on Monday that they are buying Hostess Brands for a whopping $5.6 billion, including their ongoing debt, which equates to $34.25 a share.

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

APTOPIX Argentina Security Police guard a supermarket after reports that looters tried to break into the store in Bariloche, Argentina, Wednesday, Aug. 23, 2023. (AP Photo/Natacha Pisarenko)

Argentina Lootings And Violence Prompted By Fear Of Coming October Elections

Concerns about growing violence in Argentina is now rising as authorities have reported a large number of recent arrests regarding lootings of a number of stores and supermarkets ahead of October presidential elections.

US Mortgage Rate Climbs to 7.16%, Could Hit 8%, Mark Not Seen Since 2000

The U.S. mortgage rate rose to the highest mark in over 20 years. According to Mortgage Bankers Association, the 30-year mortgage rate rose to 7.16% last week, which matches the highest since 2001.

ARGENTINA-ELECTION-PRIMARY-CANDIDATE-MILEI Argentine congressman and presidential pre-candidate for La Libertad Avanza Alliance Javier Milei delivers a speech during the closing of his campaign for the August 13 primary elections, at the Movistar Arena in Buenos Aires on August 7, 2023. Argentina holds primary elections on August 13 and the first round of the presidential vote on October 22. (Photo by Luis ROBAYO / AFP) (Photo by LUIS ROBAYO/AFP via Getty Images)

Argentina Devalues Peso, Raising Rates After Primary Elections

In response to pressure on Argentina’s financial markets following a primary election, the Argentinian government decreased the value of its currency by nearly 18%.

NORTH MIAMI - FEBRUARY 20: Evelyn Bonilla shops for groceries at Lorenzo's Supermarket as a new government report showed that consumer prices rose last month Februrary 20, 2008 in North Miami, Florida. The Consumer Price Index rose 0.4 percent from increases in the cost of food, energy and health care. (Photo by Joe Raedle/Getty Images)

Inflation Hotspots Revealed: The Most Affected Cities in the U.S.

According to a recent study, the city of Denver in Colorado has the fastest-growing inflation rate of any other city in the United States.