Strategist Expects US Recession by Year-End, Fed Tightening to Drag Down Economy
Investment bank MPS Capital Services has warned that the U.S. economy will be in a recession by year-end. The firm’s…
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Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there…
Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal…
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September,…
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown.…
Biden Slammed After Stating Inflation Hasn’t Spiked for Months — ‘I Am More Optimistic Than I’ve Been in a Long Time’
U.S. President Joe Biden has shared his perspective on inflation. “I am more optimistic than I’ve been in a long…
ApeCoin Climbs 4.3% In Last 7 Days – Where’s APE Getting All That Energy?
ApeCoin (APE), the Bored Ape Yacht Club token, has been rallying over the past week with gains registering at a…
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3%…
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition,…
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that…
