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Growth In The World Economy Has Significantly Slowed Since The China Of 2020 Started.

Sarah Delong -
China's economy recorded its flattest three-month growth performance in over two years in the three months to June 30, after many months of harsh...
Business

The Euro And The US Dollar Are At Parity For The First Time In Two Decade.

Lynda Josephson -
The exchange rate between the dollar ($) and the euro (EUU) equaled for the first time ever in 20 years—the two currencies stood around...
Business

Washington And Beijing Have Begun Discussing The Risk Of Tariff Rollbacks As The US And China Focus On Economic Issues.

Lynda Josephson -
The United States and China held meetings on Monday to discuss pressing challenges facing the global economy as signs that some Trump-era tariffs could...
Business

Stocks Finished Their Worst First Half In 52 Years, That’s Why You Need To Know.

Sarah Delong -
The S&P 500 (S&P 500) posted its worst first-half performance in more than five decades during the first quarter of 2022. Deltas closed on...
Business

The Pandemic’s Impact Upon The National Economy Will Be Unknown For Many Years. Federal Reserve Chair Jay Powell Stated This.

Sarah Delong -
It's not yet clear when the US financial system will resume to its previous pre-pandemic status, Donald Trump Federal Reserve Chairman Jerome Powell said...
Business

Changing The Rule Of Law Will Have Great Economic Consequences, Experts Say.

Sarah Delong -
The reversal of the United States' landmark 1973 ruling that allowed rights for gays carries a monetary cost to the U.S. economy, economists have...
Business

JPMorgan Laid Off Hundreds Of Workers In Its Mortgage Division As A Result Of Rates Rising.

Sarah Delong -
JPMorgan Chase is laying off employees next week due to the spike in mortgage interest rates that has rocked the real estate market. "Our...
Business

A Spate Of Layoffs Is Hoping To Cause Recession Anxiety.

Lynda Josephson -
That year, a pandemic triggered the largest economic downturn on record. The resulting downturn was excruciating however leniently short — actually, it endured just two...
Business

There Isn’t Much That The Fed Rate Hike Means To Your Income.

Sarah Delong -
During this past decade, salaries in the U.S. have risen faster than they have in 30 years. But the rate of inflation has far...
Business

The Federal Reserve Increased By Three-Quarters Of A Percentage Point (The Biggest Ever) Its Interest Rates Since 1994.

Sarah Delong -
In an aggressive move to address white-hot inflation that is plaguing the economy, frustrating consumers, and stifling the Biden administration, the Federal Reserve Bank...
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