Credit Card Debt is Becoming a Major Problem For Many Americans
Growing numbers of people are struggling as inflation spirals to new heights. With the growth of inflation comes the rise of interest rates as well. Ironically, the Federal Reserve declares…
By – Gabrielle SeunagalLatest news
Pope condemns Russian “savagery,” asks world to unite with “noble” Ukraine
Sunday after his general audience in St. Peter’s Square, Pope Francis spoke out about the Russian invasion of…
By Jackie AllenUS Could Avoid Recession By Boosting Immigration, Says Bill Ackman
The US could avoid falling into recession if they boosted immigration, Bill Ackman argued in a Twitter thread…
By Rochdi RaisDow Jones Sheds More Than 300 Points Amid Warnings On The New Global Economy
US stocks tumbled Friday, and bond yields continued to climb amid new warnings on the global economy. The…
By Rochdi RaisThe 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…
By Rochdi RaisInvestors 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 Rais