High inflation and efforts to tame it defined 2022 economy  Pittsburgh Post-Gazette Read more…Read More

As we near the end of the year, some geopolitical trends are becoming apparent. One is the growing tension between the US and an increasingly assertive China under President Xi Jinping. Interestingly, the highly polarised US electorate seems largely to concur with the tough policy towards Beijing, promoted by both former president Donald Trump during...Read More

14 charts that show how the economy is performing in Lincoln and …  Lincoln Journal Star Read more…Read More

ansonsaw The WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) gives investors exposure to the returns of the U.S. dollar relative to a basket of international currencies. Hawkish Fed monetary policy should lead to gains of the U.S. dollar, especially if the bear market resumes in global assets, as the U.S. dollar is viewed as a...Read More

We just avoided a major train wreck. Rail is a crucial component of the U.S. logistics system, and a prolonged strike would lead to chaos. It would exacerbate ongoing supply chain challenges, put additional upward pressure on prices and, thus, do substantial economic harm. We rarely stop and think about how critical railroads are in...Read More

BEIJING, CHINA -NOVEMBER 27: Protesters took to the streets in late November in multiple Chinese … [+] cities after a deadly apartment fire in Xinjiang province sparked a national outcry. Many blamed strict Covid-19 restrictions for the deaths. Now China has lifted many of its Covid restrictions, and the country is facing a massive surge...Read More

Ridofranz / Getty Images/iStockphoto More often used to describe consumers’ tendencies to indulge in smaller luxury items during economic downturns, experts at Willis Towers Watson (WTW) are predicting a potential “lipstick effect” for 2023 when it comes to major mergers and acquisitions (M&A). Wealthy Millennials Aren’t Banking on Stocks: Here’s What They’re Investing In InsteadFind:...Read More

By Harry Robertson and Kevin Buckland LONDON/TOKYO, Dec 16 (Reuters) – The dollar was little changed on Friday after jumping in the previous session, as traders analysed a raft of central bank rate hikes and grappled with the prospect that borrowing costs still have a way to climb. The euro was flat against the dollar...Read More

Stocks tumbled on Thursday as investors feared that central banks were prepared to continue raising interest rates to bring down inflation despite signs that economies were already slowing. The S&P 500 closed with losses of 2.5 percent, adding to a downturn that came after the Federal Reserve announced a half-point rate increase on Wednesday. The...Read More

As president, Joe Biden is seeking to build a worker-centric consensus © New York Times / Redux / Eyevine Globalisation and automation have not been kind to the US middle class these past decades. Economists such as Thomas Piketty, Daron Acemoglu, Gordon Hanson and Anne Case have documented the hits that average Americans have taken...Read More