Tag: economy

The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to ...

Jerome Powell, the Chairman of The Federal Reserve, has conceded that a so-called “soft landing” for the U.S. economy is something he cannot guarantee. Powell went on to say that ...

If you’re still holding out hope that the Federal Reserve will be able to engineer a soft landing in the US economy, abandon it.  A recession is inevitable within the next ...

Topline Multiple billionaires are now predicting an oncoming recession in the U.S. economy before the end of next year, echoing alarms raised by financial institutions and CEOs as the Federal ...

Topline Japanese investment bank Nomura on Monday became the latest bank to predict an oncoming recession in the U.S. economy sometime later this year—joining the likes of Deutsche Bank and ...

“We are so burned out, exhausted, overworked, and overtired,” Tori Snyder, a single mother to a 4-year-old boy and small-business owner in Pittsburgh, as well as a member of the ...

Topline Mortgage rates have surged higher this week as markets digest more aggressive interest-rate hikes from the Federal Reserve, and with the average 30-year fixed mortgage rate hitting its highest ...

Topline The Federal Reserve on Wednesday instituted the largest interest rate hike in 28 years as it escalates its fight against the worst inflation in four decades and fends off ...

Companies whose financial fortunes mirror the ups and downs of the actual economy led the market plunge into bear market territory Monday.Why it matters: The growing sell-off in so-called cyclical ...

President Joe Biden speaks during a visit to the Port of Los Angeles, during the Ninth Summit of the Americas in Los Angeles, California, U.S., June 10, 2022. REUTERS/Kevin Lamarque ...