June 29, 2023
“Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years… Despite the uptick, the government’s third… Continue Reading…
June 13, 2023
“Water scarcity is seen as the most significant and potentially most impactful component of the wider climate crisis, and researchers say that large Asian economies like India and China will be the most affected from these water shortages. Asia is… Continue Reading…
October 11, 2022
“The Federal Reserve has raised interest rates at the fastest pace since the 1980s this year in an attempt to cure America’s inflation problem. But now, many economists and business leaders are beginning to question whether the medicine (rate hikes) could be worse than the disease (inflation).… Continue Reading…
June 2, 2022
“JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same… “You’d better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves… Continue Reading…
June 1, 2022
“Gallup’s Economic Confidence Index measured -45 in May, down from -39 in each of the previous two months. It is the lowest reading in Gallup’s trend during the coronavirus pandemic, and likely the lowest confidence has been since the tail… Continue Reading…
October 28, 2021
“The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery, as supply chain issues and a marked deceleration in consumer spending stunted the expansion, the Commerce Department reported Thursday. Gross domestic… Continue Reading…
June 16, 2021
“EDITOR NOTE: A dire economic warning for America has been issued by Deutsche Bank, one of the few major financial institutions that have stood apart from mainstream opinion concerning inflation. With current inflationary levels already a burden to most Americans,… Continue Reading…
April 19, 2021
“U.S. employers might have trouble hiring workers fast enough in coming months to keep up with the projected burst of economic growth. Consumer spending at restaurants, hotels and salons is already starting to take off as the grip of the Covid-19 pandemic eases and… Continue Reading…
April 15, 2021
“U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market. The Dow Jones Industrial Average rose 260 points to hit an… Continue Reading…
March 15, 2021
“* Futures up: Dow 0.4%, S&P 0.2%, Nasdaq 0.2% March 15 (Reuters) – U.S. stock index futures climbed on Monday on optimism over a stimulus-fueled snapback in economic activity ahead of the Federal Reserve’s policy-setting meeting this week. The Dow… Continue Reading…
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