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

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

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

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...

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

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...

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

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...

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

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

A Spate Of Layoffs Is Hoping To Cause Recession Anxiety.

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

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

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...

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

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...

Interest Rates Are Heading Higher. Another One Might Follow.

For the upcoming meeting of the Federal Open Market Committee, the Federal Reserve is anticipated to raise interest rates by a half of a...

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