Jerome Powell, US Federal Reserve Chairman, speaks during a federal hearing event in Washington, D.C., US, on Friday, September 23, 2022. This week, Federal Reserve officials gave their clearest signal yet that they are willing to take on a recession as a necessary trade-off to regain control of inflation. . Drago | Bloomberg | Getty … Read more
Stocks in the US tumbled again on Monday, pushing the Dow Jones Industrial Average into bear market territory — since it peaked early this year, it is now down more than twenty percent. The Fed’s intention to eliminate inflation The interest rate hike is raising investor concerns, as well as the rapid decline of the … Read more
Mphillips007 | E + | Getty Images The Pumpkin Spice Latte is back – and Popular and meme-ified Seasonal drinks can teach us a lot about consumer behavior and the economy. Starbucks offered pumpkin spice latte in 2003“PSL” has grown into a company The most popular seasonal drink Sell Over 600 million since its inception … Read more
Americans should stay calm, boost their personal savings and sharply monitor their long-term fiscal plan like the Federal Reserve raises interest ratespersonal finance experts told The Post. The Federal Reserve raised its benchmark interest rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more expensive to … Read more
By FAN FEIFEI in Beijing and Hu Dongmei in Yinchuan | China Daily | Updated: 2022-09-21 09:22 West China’s first data valley conference for the computing industry kicked off Thursday in Yinchuan, the capital of the Ningxia Hui Autonomous Region. [Photo by Hu Dongmei/chinadaily.com.cn] Ningxia Hui Autonomous Region in northwest China is accelerating efforts to … Read more
It was a robbery that was as shameless as it was simple. On the morning of November 29, 1985, a couple entered the University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ocher” – a painting by Dutch-American artist Willem de Kooning – was gone. Museum curator Olivia Miller described the theft in … Read more
picture: Anthonydiaz (stock struggle) Time is money, or so they say. but how much is it for you Is the time really worth it? When you’re deciding what you’ll be doing in your spare time, it can be helpful to put a price tag on it to determine what trade-offs you’re really making. Find out … Read more
If you’re relatively well-versed, you’ve heard the term “strong dollar” your whole life, especially over the past several years since the dollar has steadily appreciated over the past 15 years or so. But if someone asked you to select a strong dollar, would you? Here’s what you need to know about the meaning of a … Read more
According to data released on September 8 from the Bureau of Labor Statistics, American consumers indulged in entertainment in 2021. People were photographed here at Nathan’s Famous at Coney Island in New York in May of 2021. Alexey Rosenfeld/Getty Images/File After spending 2020 as a deadly, rapidly spreading virus that defined most aspects of daily … Read more
