Tag: Morningstar

Housing Costs Surge in July, Accounting for 90 Percent of Total Inflation

Daily Caller News Foundation
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The cost of housing surged in July, accounting for nearly 90 percent of total inflation, according to the latest Bureau of Labor Statistics Consumer Price Index (CPI) data released Wednesday.

Shelter costs rose 5.1 percent year-over-year and 0.4 percent month-over-month, after rising 0.2 percent in June, the BLS showed. The 0.4 percent monthly increase was greater than Bank of America economists’ expectations of 0.3 percent, according to investment research firm Morningstar.

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Commentary: Republicans in Congress Need to Do More to Defund ESG

Michigan Star Staff

“Anti-woke economic terrorists have now wiped out $5 trillion in stock value.”

That was a headline from Afru.com bemoaning the sideways performance of Environmental, Social and Governance (ESG) funds the past year or so, accusing anyone opposed to ESG with inflicting “economic terrorism” and “erod[ing] financial portfolios of color” as “global investments in ethical companies have nosedived by nearly $5 trillion over the past two years.”

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