Gears has now set the country on an economic path diametrically opposed to most, if not all, of the major global economies. Hannah McKay | Reuters LONDON – Britain’s new Prime Minister Liz Truss may have talked a lot about the “downstream economy” during her election campaign this summer, but no one expected that A … Read more
Spanish | E + | Getty Images Money may not be your top priority if you’re in love, but it does deserve some serious attention if you want a lasting relationship. A partnership that pools resources and shares expenses can be very good for the relationship and for each other’s financial well-being. However, different spending … Read more
The Bank of England raised interest rates by 50 basis points, the seventh in a row Bank of England They voted to raise interest rates By 50 basis points, less than the 75 basis points rise some analysts had expected. The bank said there have been other indications since August of “domestic inflation continuing to … Read more
Construction workers outside the Marriner S. Eccles Federal Reserve Building, are pictured Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images There is not much uncertainty surrounding the Federal Reserve’s meeting on Wednesday, with markets widely expecting the central bank to agree to a third consecutive rate hike … Read more
There is a widespread perception that Federal Reserve Chairman Jerome Powell does not care about corporate news. It’s a strict creature of broad government economic reports – the consumer price index, the producer price index, industrial production, retail sales and, of course, non-farm employment numbers. He also cares about what his federal colleagues say. But … Read more
US President Joe Biden walks from Marine One to the White House after a flight from Michigan, in Washington, US, September 14, 2022. Tom Brenner | Reuters The Biden White House just released its first-ever framework on what crypto regulation in the United States should look like — including the ways the financial services industry … Read more
It was a robbery that was as shameless as it was simple. On the morning of November 29, 1985, a couple entered the University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ocher” – a painting by Dutch-American artist Willem de Kooning – was gone. Museum curator Olivia Miller described the theft in … Read more
Going to the grocery store wouldn’t be cheaper. Rising food costs helped pay off Inflation rose again last monthdespite the decline gas prices. The food index alone is up 11.4% over the past year, according to another Consumer Price Index The numbers – the biggest jump in 12 months since May 1979. The Food at … Read more
Cincoro was launched in 2019 by NBA owners Michael Jordan of the Charlotte Hornets, Jenny Boss of the Lakers, Wes Edens of the Bucks, Emilia Fazzalari and Wyc Grousbeck of the Celtics. Source: Sencor Tequila They are rivals on the biggest stage in basketball. But when it comes to tequila, they are friends. SyncorThe label … Read more
Traders on the floor of the New York Stock Exchange, September 13, 2022. Source: NYSE Here are the most important news that investors need to start their trading day: 1. Pick up the pieces US stock futures It seemed to be poised for a rebound on Wednesday morning as investors sought to shake off the … Read more
