August 9, 2022
“EDITOR’S NOTE: Sri Lanka’s economy seemed to have flourished for nearly two decades thanks to loans from China. But with inflation soaring and interest rates rising across the globe, China’s lines of credit ended up strangling the nation’s economic prospects.… Continue Reading…
July 26, 2022
“In an economy that has produced the highest inflation rate since 1981, Americans are struggling to keep up with expenses and are putting less money aside for emergencies or long-term financial goals, several recent studies show. Nearly 40% of consumers cannot put any… Continue Reading…
July 7, 2022
“Workers are still reaping the benefits of a hot labor market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. Department of Labor data issued Wednesday. The numbers reveal that the pandemic-era trend… Continue Reading…
May 12, 2022
“Inflation is showing no signs of slowing down, making it harder for workers to make ends meet. The Consumer Price Index increased 8.3% from a year ago, higher than the 8.1% estimate, according to the U.S. Bureau of Statistics… Food prices… Continue Reading…
December 20, 2021
“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…
November 4, 2021
“…The sector’s most popular benchmark, the Energy Select Sector SPDR ETF (NYSEARCA:XLE), climbed another 10% in October to bring its year-to-date gain to a market-beating 54.3% thanks to the oil price rally as well as stellar earnings… Nearly 60% of S&P 500… Continue Reading…
October 28, 2021
“The potential for a knock-on effect of rising fuel prices to be felt by other industries is becoming more likely, as oil and gas prices continue to rise to an all-time high, companies are finding it hard to maintain their… Continue Reading…
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