The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
After raising rates by 75 bps on Wednesday, the question is whether the Fed will keep aggressively hiking rates if the economic data worsens. The post...
Monthly auto loan payments broke the $700 level for the first time.
In a historic move, the market anticipates that the Federal Funds Rate, the key policy tool of the Federal Reserve will breach the neutral rate of...
Energy stocks have stumbled in recent weeks, but this sector is showing signs of regaining its mojo. It could be noise or even a last gasp...
Markets expecting 75bp hike After what seems like an interminable wait, we are finally at FOMC day, and the last one I shall be covering as...
Myanmar’s military junta is losing some control over the country, but its execution of four high-profile leaders and prisoners sends a warning to Myanmar...
WesBanco Announces Second Quarter 2022 Financial Results PR Newswire WHEELING, W.V., July 26, 2022 WHEELING, W.V., July 26, 2022 /PRNewswire/ -- WesBanco, Inc. ("WesBanco") (Nasdaq: WSBC),...
Prepaid Card Global Market Report 2022 PR Newswire DUBLIN, July 26, 2022 DUBLIN, July 26, 2022 /PRNewswire/ -- The "Prepaid Card Global Market Report 2022" report has...
"We Are In A Very Critical Moment": IMF Cuts Global GDP, Raises Inflation Outlook, Warns "World Teetering On Edge Of Recession" The IMF slashed...
The current cycle of interest rate hikes could go down in history as the shortest and weakest in recent decades. Here’s why.
I promised last month to post Casey Mulligan’s and my op/ed in the Wall Street Journal after the 30-day waiting period was over. Here it...
Because housing is sensitive to changes in borrowing costs, it can tell policymakers and consumers a lot about whether the Fed’s plan is working.
Paul Krugman Confesses: "I Was Wrong About Inflation" Establishment-favorite economist Paul Krugman has declared the obvious: "I was wrong...
5 Reasons Why Interest Rate-Cuts Are Already Around The Corner Authored by Ronni Stoeferle via GoldSwitzerland.com, Inflation rates are currently...
Sinking Estimates Are Music To Ears Of S&P Bulls By Lu Wang, Bloomberg Markets Live commentator and reporter Wall Street is slashing...
The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years and, as...
During the first couple months of the COVID-19 recession, an estimated 22 million Americans – roughly 13 percent on the U.S. workforce – experienced...
The United States has experienced stagnant or even declining intergenerational economic mobility since the 1980s. At the same time, income inequality remains...
Columbia Banking System Announces Second Quarter 2022 Results and Quarterly Cash Dividend PR Newswire TACOMA, Wash., July 21, 2022 Notable Items for Second Quarter 2022 Quarterly...
Now Inflation Is The Millennials' Fault! Or Is It? Authored by Michael Maharrey via SchiffGold.com, Putin is causing inflation. Greedy corporations...
After over a decade at and around historical lows except for a brief period before the onset of the Covid-19 pandemic, interest rates are moving up...
The USD/ZAR price is loitering near its highest level since 2020 ahead of the upcoming rate decision by the South Africa Reserve Bank (SARB). It has...
Johnson & Johnson on Tuesday reported quarterly results that beat analysts' estimates on strong demand for cancer drug Darzalex and its COVID-19 vaccine,...
Raising food prices and Inflation will push more migration workers abroad says Manila-based 123 Finance Corporation CEO Reuben Fischer PR Newswire MANILA, Philippines, July 18, 2022...
Prominent writers and investors have described today’s economy as being addicted to loose monetary policy, especially the QE variety. There may be something...
Logistics Warehouse Activity May Cool As Interest Rates Heat Up By Mark Solomon of FreightWaves Nothing in the second-quarter data indicates...
Europe is in the spotlight this year. Russia invading Ukraine in late February led to a wave of sanctions from Western nations against the invader. But...
The Strangest Recession Of Our Lifetimes Authored by Jeffrey Tucker via The Epoch Times, The evidence of economic weakness and decline fill...
Investors will focus on three types of events next week. First, the flash July PMI reports will be released. The preliminary estimates do a fairly good...