Why the Panama Canal Didn’t Lose Money When Ship Crossings Fell
Posted inCanals Conservation of Resources Delays (Transportation) Drought Freight (Cargo) Global Warming International Trade and World Market Panama Canal and Canal Zone Panama Canal Authority Politics and Government Prices (Fares, Fees and Rates) Reservoirs Ships and Shipping Shortages Suez Canal Supply Chain Tolls Water

Why the Panama Canal Didn’t Lose Money When Ship Crossings Fell

A water shortage forced officials to reduce traffic, but higher fees increased revenue.
Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared
Posted inBureau of Labor Statistics Consumer Price Index Credit and Debt E-Mail Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Statistics Stocks and Bonds United States Economy

Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared

Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information.
Japan Raises Interest Rates for First Time in 17 Years
Posted inBank of Japan Banking and Financial Institutions Economic Conditions and Trends Government Bonds Inflation (Economics) Interest Rates Japan Labor and Jobs Prices (Fares, Fees and Rates) Rengo (Japanese Trade Union Confederation) Stimulus (Economic) Stocks and Bonds Wages and Salaries

Japan Raises Interest Rates for First Time in 17 Years

Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
Closing Costs for Buying a Home Have Risen Along With Rates
Posted inBanking and Financial Institutions Consumer Federation of America Consumer Financial Protection Bureau Content Type: Service Interest Rates Mortgage Bankers Assn of America Mortgages Personal Finances Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Title Insurance

Closing Costs for Buying a Home Have Risen Along With Rates

These mortgage fees increased 22 percent from 2021 to 2022. One likely factor is the greater use of discount points to nudge interest rates down.