Financial markets are embroiled in a kind of tug of war amid rising uncertainty over the effect of the interest rate hikes by the US Federal Reserve and other central banks and how long they will continue in the face of growing signs of a recession. Trader on the floor of the New York Stock...Read More
*This content is brought to you by OrbVest OrbVest, the specialist investor in medical office buildings in the US, recently sealed the purchase of two quality buildings for its investor base, demonstrating its faith in the future of the US economy. Medical office property in the fastest-growing states in the US offers investors diversification into the...Read More
Comment on this story Comment As the US economy went into meltdown during the 2008 global financial crisis, one euro was worth about 1.6 times the US dollar. Now a combination of Europe’s front-line exposure to Russia’s war in Ukraine and the European Central Bank’s tardiness in raising interest rates have driven it nearer to...Read More
First-generation academics were always rare. Now they’re vanishing. July 8, 2022 at 6:00 a.m. EDT (John Bulmer/Popperfoto/Getty Images)Comment on this story Comment To understand critical issues facing the U.S. economy — soaring inflation, worker shortages and perhaps a looming recession — researchers must understand human behavior. They need to know how everyday Americans will react...Read More
People walking past a sign with different exchange rates on July 06, 2022, in Poland. The euro was pinned at a 20-year low on Friday, licking its wounds at the end of its worst week in two months as investors braced for Europe to enter recession. Artur Widak | Nurphoto | Getty Images The euro...Read More
Friends playing together in the sea, splashing and diving during a summer sunset getty When it comes to perks, it’s been a sweet two years to be an employee with coveted skills. Meal subscriptions. Home office expense allowances. Work from home arrangements. And at many companies, an extra helping of paid time off. As many...Read More
At 6 pm, the local currency weakened versus the greenback to 4.4270/4285 from yesterday’s close of 4.4225/4260. — Bernama pic Thursday, 07 Jul 2022 7:52 PM MYT KUALA LUMPUR, July 7 — The ringgit continued to depreciate against the US dollar for the fourth consecutive day as the sentiment was weighed down by the stronger...Read More
designer491 THE RISE AND FALL OF THE CONSUMER After experiencing the largest government-financed consumption boost in history, household demand for goods and services is poised to fall off a cliff. The US economy simply cannot handle the Fed’s continued monetary tightening. This is the onset of a vicious stagflationary environment. The unprecedented combination of excessive...Read More
Photo has been used for illustrative purpose. The war in Ukraine and the consequent Western sanctions against Russia, including oil, has created a panic about crude shortages and the rising prices. European countries have not yet completely closed the Russian oil tap. And Russian oil is being lapped up by China and India at discount...Read More
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