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The UK Pound Falls To Nearly Four-Decade Low Against the US Dollar
The UK pound plummeted dramatically to a nearly four-decade low against the US dollar on Friday as investors fear the government’s plan to reinforce economic growth will worsen inflation flames.…
By Rochdi RaisLatest news
Investors Should Brace for “Unsettling Volatility,” Says Mohamed El-Erian
Investors need to prepare for “unsettling volatility,” and the S&P 500 could plunge back to June lows, top…
By Rochdi RaisHigh Interest Rates Could Have Been Avoided if The Fed Acted Sooner, Says Mohamed El-Erian
Higher interest rates that soar faster and last longer, in addition to the increased risk of an economic…
By Rochdi RaisTurkey Cut Interest Rate Despite Inflation Surging Beyond 80%
Turkey’s central bank shocked markets once again with its decision Thursday to cut its key interest rate, despite…
By Rochdi RaisStock Futures Slightly Higher Following a “Jumbo” Interest Rate Hike From the Fed
U.S. stock futures slightly surged on Thursday morning following a big plunge in the major averages as traders…
By Rochdi RaisRussian “no to war” protest against Putin’s war with Ukraine
Police arrested an estimated thousand Russian protesters at ‘no to war’ gatherings across the country. The crowds took…
By Jackie Allen2-year Treasury Yield Blasts Above 4.1%, Highest Level Since 2007
The yield on the 2-year Treasury note blasted above 4.1% after the Federal Reserve hiked interest rates by…
By Rochdi RaisBreaking News: Fed Hikes Interest Rates by 0.75 Percentage Points
The Federal Reserve on Wednesday hiked benchmark interest rates by an additional three-quarters of a percentage point and…
By Rochdi RaisPutin escalates war: military mobilization of 300,000 reservists
On Wednesday, Russian President Vladimir Putin ordered the military mobilization of the Russian population. He ordered 300,000 reservists…
By Jackie AllenGermany Is Nationalizing Uniper, Its Leading Importer of Russian Natural Gas
Germany is nationalizing Uniper, its leading importer of Russian natural gas, in a deal that underlines Europe’s energy…
By Rochdi RaisOil Prices Soar After Putin Hints Russia Is Ready To Use Nuclear Force
Oil prices soared Wednesday after President Vladimir Putin hinted Russia is ready to use nuclear force to hold…
By Rochdi Rais