August 15, 2023
I did some digging and I found some good resources for news happening in China. info is hard to come by because of all the white washing in news articles. It makes it hard to understand whats going on. It’s… Continue Reading…
July 21, 2023
“American Express saw its profit and revenue climb in the second quarter and credit card use is rising, but the company’s stock slipped before the market open as it set aside more money for possible defaults on payments. The card… Continue Reading…
July 7, 2023
“Hiring slowed but remained sturdy in June as U.S. employers added 209,000 jobs despite inflation, high interest rates and nagging recession fears. Still, that’s the weakest showing since employers shed jobs in December 2020. The unemployment rate fell from 3.7% to 3.6%, the Labor Department… Continue Reading…
July 6, 2023
“Indian shares closed higher on Thursday, in contrast to weakness in Asian and European equities, bucking concerns around an escalating Sino-U.S. trade conflict and rising odds of further policy tightening by the U.S. Federal Reserve. The Nifty 50 index settled… Continue Reading…
July 3, 2023
“Many student loan borrowers face risk factors that suggest they could struggle covering their bills, especially after the Supreme Court struck down President Biden’s federal student loan forgiveness proposal and repayment will resume in October. To that point, about 20% of borrowers… Continue Reading…
June 26, 2023
“LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in inflation…… Continue Reading…
June 26, 2023
“The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates is likely in coming months… There have been 41 defaults in the U.S. and one in Canada so far this year, the… Continue Reading…
June 20, 2023
“…High-earners joined the rest of the country in flooding discount retailers such as Dollar General, Aldi grocery store and Five Below as prices for food and staples rose. Now, with inflation at half its peak, they aren’t letting up. InMarket, which tracks retailer foot… Continue Reading…
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