Sony is raising PS5 prices in most markets against a backdrop of “high global inflation”

Here’s another headache for gamers looking to get their hands on a PlayStation 5. Sony Interactive Entertainment SONY, + 0.71% said Thursday that it will increase the recommended retail price of its PS5 gaming consoles in several international markets, blaming high inflation and challenges in the global economy for the rise. “The global business environment … Read more

The subtle shift in financial markets indicates that the US economy may be able to handle higher rates

There is a subtle shift taking place in some corners of the financial market towards the idea that the US economy may be strong enough to handle higher interest rates that reduce inflation. Signs of that shift in sentiment were evident in fed funds futures, where traders mostly weighed the chances of a rate cut … Read more

The subtle shift in financial markets indicates that the US economy may be able to handle higher rates

There is a subtle shift taking place in some corners of the financial market towards the idea that the US economy may be strong enough to handle higher interest rates which can help reduce inflation. Signs of that sentiment shift were evident in Treasuries, where yields remained substantially higher across the board on Wednesday, led … Read more