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Banking, Economy

“Russia hikes key rate to 15% in bigger-than-expected rise”

“Russia’s central bank raised its key interest rate by a higher than expected 200 basis points to 15% on Friday, hiking borrowing costs for the fourth meeting running in response to a weak rouble and stubborn inflation pressure. The central… Continue Reading…

Economy

“Key Fed inflation rate falls to lowest annual rate in nearly 2 years”

“Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index excluding food and energy increased just 0.2% from the previous month, in line with… Continue Reading…

Banking

“JPMorgan Chase raises key revenue target to $84 billion after First Republic takeover”

“JPMorgan Chase raised a key performance target on the heels of its government-brokered takeover of First Republic earlier this month. The bank will generate about $84 billion in net interest income this year, New York-based JPMorgan said Monday in slides… Continue Reading…

Banking

“Russia central bank more than doubles key interest rate to 20% to boost sinking ruble”

“Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia… Continue Reading…

Economy, Personal Finance

“CNBC Survey: 81% of adults with student loans say they’ve had to delay key life milestones”

“According to CNBC + Acorn’s recently released Invest in You Student Loan Survey conducted by Momentive, 81% of people with student loans say they’ve had to delay one or more key life milestones because of their debt. Momentive surveyed 5,162 American adults between… Continue Reading…

Business

6 Key Ways Your Business Can Use HR Consulting To Advance Within Your Field

Written By Tina Martin No matter your industry, the size of your company, or the length of time you have been in business, you can benefit from partnering with specialists who can optimize the success of each area of your… Continue Reading…

Economy

“Europe’s Gas Prices Jump To Record As Key Pipeline From Russia Halts Flows”

“European gas prices jumped to an all-time high on Tuesday after natural gas on a key pipeline from Russia to Germany reversed flow eastward and freezing temperatures took hold in many parts of Europe. The benchmark price for Europe at… Continue Reading…

Precious Metals

“Patience is Key When It Comes To Silver”

“EDITOR’S NOTE: Why isn’t silver doing as well as many predicted this year? Investing.com’s Korbinian Koller writes that it’s because you’re looking at it wrong. Koller notes that a year is an arbitrary period that we use to look at… Continue Reading…

Banking, Economy

“BofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it”

“Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next decade. Depressing, right? But here’s… Continue Reading…

Banking, Economy

“A key jobs report in the week ahead could drive the next big market move”

“…Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome Powell. The chairman acknowledged that Fed officials expect to taper back their $120 billion a month bond-buying program this year, a… Continue Reading…