Michael 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 …
Read MoreMortgage rates hit 6% for the first time since 2008. The British pound hits a 37-year low. Biden signs EO blocking Chinese investment in US tech, S&P 500 futures drop. Apple was revealed to be the most shorted stock in the US, and more financial news. Mortgage rates hit 6% …
Read MoreShocking reports say nearly 20% of Congress members are trading stocks that involve insider knowledge and major conflicts of interest, while a watchdog group will probe IRS after hundreds of employees failed to pay taxes. Report: Nearly 20% of Congress members have conflicts of interest in stock trades Nearly one-fifth …
Read MoreBiden touts US EV investments, California sues Amazon for antitrust violations, McDonald’s and Target announce bond offerings, drivers sue Tesla, arrest warrant issued for Luna cofounder, and more financial news. Biden touts electric vehicle and infrastructure investments in Detroit President Joe Biden spoke at the 2022 North American International Auto …
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