Wall Street joins global swoon, China worries | health

Wall Street joins global swoon, China worries |  health

By STAN CHOE – AP Business Writer NEW YORK (AP) – Wall Street plunged to its lowest level in more than a year on Monday as renewed worries about the Chinese economy simmered in markets already battered by rising interest rates. The S&P 500 was down 1.8% in early trade after ending its fifth consecutive … Read more

Consumer inflation in March is expected to be the hottest since 1981

Consumer inflation in March is expected to be the hottest since 1981

A customer selects groceries from a freezer at a supermarket on January 12, 2022 in New York City. Liao pan | China news service | Getty Images CPI inflation in March is expected to have risen the most since December 1981, driven by higher food costs, rising rents and galloping energy prices. The consumer price … Read more