The Fed’s vice chair issues a warning over premature rate cuts. Amazon’s latest move could be a game-changer for crypto. The Senate is weighing limiting investments in Chinese high-tech, while NY bans gas vehicles, and more financial news. Fed’s vice chair Brainard issues warning on premature rate cuts Federal Reserve …
Read MoreExperts warn rents will climb in 2023, Biden tells oil companies not to use the hurricane to price gouge, and China’s yuan plunges near record lows against the dollar. Plus, is the global recession the fault of the United States? Experts warn rents will climb in 2023 Median rents in …
Read MoreT-bills briefly topped 4%–is it time to cash in? Wall Street and Asian markets drop, Ford invests $700 million in new Kentucky plant, Yellen says Inflation Act aimed at climate issues, and more financial news. T-bills top 4%, time to cash in? The 10-year and 1-year Treasury bills topped 4% …
Read MoreMichael Jordan’s generous grant to provide 500K HS students with finance education. Pound’s crash to worsen inflation and rates as ripple effect hits currencies. Biden urges companies to cut consumer costs and more financial news. Michael Jordan grant to provide 500K HS students with personal finance education Basketball legend Michael …
Read MoreThe pound hits a record low against the dollar as Asia-Pacific currencies also weaken. Top economists see an increased recession chance for North America. Global grain stocks move toward a decade low, and more financial news. The pound hits record low against the US dollar The pound sterling fell to …
Read MoreThe Dow is falling–and so are gold prices. The pound falls to a 37-year low against the dollar, and the Canadian dollar weakens to a 2-year low. Carl Icahn warns investors “worst is yet to come” and more financial news. Stocks tumble amid recession fears and aggressive Fed interest rate …
Read MoreThe Fed hiked interest rates, Bank of England says the UK may already be in recession, Ray Dalio sees US recession, RBC energy guru says Americans should brace for higher oil prices, and more financial news. Fed hikes interest rates, vows more increases to hedge inflation The Federal Reserve raised …
Read MoreThe dollar hit a 20-year high, interest rate height expected as fed meets, J.P. Morgan CEO says US needs to invest in oil and gas, Mark Zuckerberg loses $70 billion, Australians world’s richest people, and more financial news The dollar hits a 20-year high, oil prices climb The US dollar …
Read MoreA choppy Wall Street session ends on a slight rise. Hedge funds are drawing investors, monetary meetings looming around the world, Chevron offering minority stakes in three oilfields in Alaska, and more financial news Choppy Wall Street session ends on slight uptick Wall Street’s main indexes ended slightly higher after …
Read MoreThe World Bank says a global recession is possible by 2023. Biden warns China of investor fallout if it backs Russia. Multiple countries experiment with a four-day workweek, could the US be next? Bloomberg launches database on racial divide. World Bank says global recession risk rising by 2023 due to …
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