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Economic News & Analysis
Here Are the 18 States That Are Providing Money to Residents in Relief Checks to Fight Inflation
Florida declared on Thursday that starting this week, the state would send roughly 60,000 Florida families a one-time relief check
China Is Quietly Offloading US Treasury Bonds: Big Trouble for Wall Street?
According to Globaltimes, China has been quietly reducing its holdings of US bonds to the lowest level since 2010 and
For the First Time Since 2010 China’s Holdings of U.S. Debt Fall Below $1 Trillion
For the first time in 12 years, China’s holdings of U.S. debt have fallen below $1 trillion due to rising
Fed Officials Planning 0.75-Point Rate Hike
As part of an aggressive effort to combat high inflation, the Fed may raise interest rates by 0.75 percentage point
The 15 American Housing Markets That Are Currently More Affordable Than They Were in 2005
In many parts of the United States, homeownership is now unaffordable due to rising home prices and mortgage rates. In
Bill Gates Makes a Major Announcement in Sadness
The former philanthropist and co-founder of software titan Microsoft bemoans the way the world is heading. Gates suggests in a
North Carolina Ranks No. 1 State for Business ‘by Putting Partisanship Aside’
By putting partisanship aside, North Carolina is America’s Top State for Business in 2022 thanks to its strong economy and
How Lotteries Transfer Wealth From Poor
A report from The Associated Press shows that state lotteries have nearly doubled in size over the past two decades,
As the COVID Outbreak Worsens, Macau Shuts Down All Casinos
A weeklong closure of Macau’s casinos and non-essential businesses was announced on Saturday as the Chinese gambling hub battled its
According to a Survey, This Is the Minimum Income Required to Live Happily in New York
The short answer to the question of how much money you must earn to live happily in New York is
Higher Food Prices and Global Shortages Are Being Predicted as Crop Fertilizer Prices Skyrocket
According to a report in USA Today, farmers in Arcanum, a region of western Ohio, are concerned about maintaining their
How Inflation Is Changing People’s Behavior
According to a New Report, Americans Are Buying Cheaper Cuts of Meat, Canceling Subscriptions, and Taking Vacation Days to Save
‘Die-Hard’ Nintendo Fan Spent Over $40,000 on Stock and Then Asked Top Executives Why the Company Won’t Make More of a Fan-Favorite Series
A gamer who stated that he invested more than 5.6 million Japanese yen, which is equivalent to more than $40,000,
In 2022, the US Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves
According to new data released Thursday by the International Monetary Fund, the US dollar has maintained its dominance as the
Inflation Is Now Out of Control
Eroding wealth is affecting many people in a variety of ways, including rising inflation on goods and services, plummeting equity
All Roads Lead To a Great Recession
Despite encouraging headlines about China loosening its covid policies, US stocks fell sharply from earlier highs after bleak consumer confidence
Central Banks Are Being Caught off Guard by an Economic Tsunami
The roaring economic recoveries that followed the pandemic’s first year slowed due to supply-chain issues. The world machine is far
American Airlines Has Announced That It Will No Longer Fly to These Four Airports Due to Pilot Shortage
Due to pilot shortage, American Airlines will discontinue service to some airports in Iowa, New York, and Ohio beginning in
Nuclear Power Is Coming Back
According to the Wall Street Journal, after decades of safety concerns, Western nations are betting big on nuclear power, but
After Declaring That Inflation Was Only “Temporary,“ the European Central Bank Now Denies That Stagflation Is Likely
The Frankfurt-based central bank stated in a report released on Tuesday that it does not think the area will experience
Canada: Broad-Based Price Pressures Make a 75bp Increase Almost Inevitable
In Canada, inflation reached levels not seen since 1983 in May. We believe that the CPI data make a 75
Bitcoin Is Dead as Predicted
It’s been eight months since I predicted a top in Bitcoin (BTC-USD) and advised investors to avoid it. The market
90% Of Long-Distance Trucking May Soon Be Self-Driving
Elon Musk has described them as the most significant technology on the horizon. However, unions are lobbying against their widespread
As the Fed Raises Interest Rates, Financial Markets Will Remain Volatile Throughout the Summer
Financial markets have taken a significant hit in the last week as a result of high inflation figures and an
The IRS Is Expanding the Use of AI-Powered Bots to Set Up Payment Plans With Taxpayers Over the Phone
The Internal Revenue Service is automating more of its call volume, giving call-center employees more time to handle more complex
Apple Store Workers in Maryland Vote to Unionize, a First in the United States
According to the New York Times, employees at an Apple store in the Baltimore area have voted to unionize, making
A Cup of Coffee Before Going Shopping May Cause You to Overspend
According to University of South Florida researchers, coffee and credit cards may be a financial planner’s worst nightmare. According to
Goodbye, Dow 30,000
Dow drops 800 points, dropping below 30,000 for the first time in more than a year. The Dow Jones Industrial
As Inflation Surges, the Bank of England Raises Interest Rates for the Fifth Time in a Row
The Bank of England raised interest rates for the fifth time in a row on Thursday in an effort to
The Swiss Central Bank Has Surprised Investors by Raising Interest Rates for the First Time Since 2007
On Thursday, the Swiss National Bank hiked its policy interest rate for the first time in 15 years, following other
Here Are the 18 States That Are Providing Money to Residents in Relief Checks to Fight Inflation
Florida declared on Thursday that starting this week, the state would send roughly 60,000 Florida families a one-time relief check
China Is Quietly Offloading US Treasury Bonds: Big Trouble for Wall Street?
According to Globaltimes, China has been quietly reducing its holdings of US bonds to the lowest level since 2010 and
For the First Time Since 2010 China’s Holdings of U.S. Debt Fall Below $1 Trillion
For the first time in 12 years, China’s holdings of U.S. debt have fallen below $1 trillion due to rising
Fed Officials Planning 0.75-Point Rate Hike
As part of an aggressive effort to combat high inflation, the Fed may raise interest rates by 0.75 percentage point
The 15 American Housing Markets That Are Currently More Affordable Than They Were in 2005
In many parts of the United States, homeownership is now unaffordable due to rising home prices and mortgage rates. In
Bill Gates Makes a Major Announcement in Sadness
The former philanthropist and co-founder of software titan Microsoft bemoans the way the world is heading. Gates suggests in a
North Carolina Ranks No. 1 State for Business ‘by Putting Partisanship Aside’
By putting partisanship aside, North Carolina is America’s Top State for Business in 2022 thanks to its strong economy and
How Lotteries Transfer Wealth From Poor
A report from The Associated Press shows that state lotteries have nearly doubled in size over the past two decades,
As the COVID Outbreak Worsens, Macau Shuts Down All Casinos
A weeklong closure of Macau’s casinos and non-essential businesses was announced on Saturday as the Chinese gambling hub battled its
According to a Survey, This Is the Minimum Income Required to Live Happily in New York
The short answer to the question of how much money you must earn to live happily in New York is
Higher Food Prices and Global Shortages Are Being Predicted as Crop Fertilizer Prices Skyrocket
According to a report in USA Today, farmers in Arcanum, a region of western Ohio, are concerned about maintaining their
How Inflation Is Changing People’s Behavior
According to a New Report, Americans Are Buying Cheaper Cuts of Meat, Canceling Subscriptions, and Taking Vacation Days to Save
‘Die-Hard’ Nintendo Fan Spent Over $40,000 on Stock and Then Asked Top Executives Why the Company Won’t Make More of a Fan-Favorite Series
A gamer who stated that he invested more than 5.6 million Japanese yen, which is equivalent to more than $40,000,
In 2022, the US Dollar Maintains Its Dominance, While China’s Yuan Gains Share of Global Currency Reserves
According to new data released Thursday by the International Monetary Fund, the US dollar has maintained its dominance as the
Inflation Is Now Out of Control
Eroding wealth is affecting many people in a variety of ways, including rising inflation on goods and services, plummeting equity
All Roads Lead To a Great Recession
Despite encouraging headlines about China loosening its covid policies, US stocks fell sharply from earlier highs after bleak consumer confidence
Central Banks Are Being Caught off Guard by an Economic Tsunami
The roaring economic recoveries that followed the pandemic’s first year slowed due to supply-chain issues. The world machine is far
American Airlines Has Announced That It Will No Longer Fly to These Four Airports Due to Pilot Shortage
Due to pilot shortage, American Airlines will discontinue service to some airports in Iowa, New York, and Ohio beginning in
Nuclear Power Is Coming Back
According to the Wall Street Journal, after decades of safety concerns, Western nations are betting big on nuclear power, but
After Declaring That Inflation Was Only “Temporary,“ the European Central Bank Now Denies That Stagflation Is Likely
The Frankfurt-based central bank stated in a report released on Tuesday that it does not think the area will experience
Canada: Broad-Based Price Pressures Make a 75bp Increase Almost Inevitable
In Canada, inflation reached levels not seen since 1983 in May. We believe that the CPI data make a 75
Bitcoin Is Dead as Predicted
It’s been eight months since I predicted a top in Bitcoin (BTC-USD) and advised investors to avoid it. The market
90% Of Long-Distance Trucking May Soon Be Self-Driving
Elon Musk has described them as the most significant technology on the horizon. However, unions are lobbying against their widespread
As the Fed Raises Interest Rates, Financial Markets Will Remain Volatile Throughout the Summer
Financial markets have taken a significant hit in the last week as a result of high inflation figures and an
The IRS Is Expanding the Use of AI-Powered Bots to Set Up Payment Plans With Taxpayers Over the Phone
The Internal Revenue Service is automating more of its call volume, giving call-center employees more time to handle more complex
Apple Store Workers in Maryland Vote to Unionize, a First in the United States
According to the New York Times, employees at an Apple store in the Baltimore area have voted to unionize, making
A Cup of Coffee Before Going Shopping May Cause You to Overspend
According to University of South Florida researchers, coffee and credit cards may be a financial planner’s worst nightmare. According to
Goodbye, Dow 30,000
Dow drops 800 points, dropping below 30,000 for the first time in more than a year. The Dow Jones Industrial
As Inflation Surges, the Bank of England Raises Interest Rates for the Fifth Time in a Row
The Bank of England raised interest rates for the fifth time in a row on Thursday in an effort to
The Swiss Central Bank Has Surprised Investors by Raising Interest Rates for the First Time Since 2007
On Thursday, the Swiss National Bank hiked its policy interest rate for the first time in 15 years, following other
