Economy

Bank of England raises interest rates by 50 basis points and now sees a “much shallower” recession than feared

A passage near the Bank of England (BOE) in the City of London, Britain, Thursday, March 18, 2021. Hollie Adams…

Read More »

Home Depot co-founder, 93, slams ‘woke’ business leaders and ‘lazy’ office workers

The 93-year-old co-founder of Home Depot has attacked the current generation of business leaders for prioritizing ‘woke‘ issue at the…

Read More »

The Fed raises rates a quarter of a point, signaling more ahead

WASHINGTON – Federal Reserve officials on Wednesday made their eighth rate hike in a year and signaled at least two…

Read More »

Fed rate decision and Powell’s press conference: Live updates

As the Federal Reserve has raised its key interest rate several times over the past year, Americans have seen the…

Read More »

AMD delivers a Q4 beat amid industry headwinds

Advanced Micro Devices ( AMD ) reported fourth-quarter earnings on Tuesday, despite continued weakness in the PC market, showing the…

Read More »

Powell Won’t Break S&P 500 Rally; Wage growth eases

If the markets are right, tomorrow’s Fed meeting policy statement will announce the penultimate rate hike of the cycle with…

Read More »

The US blocks the renewal of export licenses for China’s Huawei

BEIJING (AP) – China’s government accused Washington on Tuesday of pursuing “technological hegemony” as the United States began increasing pressure…

Read More »

Can a trillion-dollar coin end the US debt ceiling standoff? | Federal Reserve

Picture this: The debt ceiling debate is in the 11th hour and the US is on the brink of default.…

Read More »

Russia circumvents Western sanctions with help from friends

WASHINGTON – A strange thing happened to smartphones in Armenia last summer. Shipments from other parts of the world to…

Read More »

Washington suspends licenses for US companies to export to Huawei

The Biden administration has stopped granting US companies licenses to export to Huawei as it moves to impose a total…

Read More »
Back to top button