Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing entitled Monetary Policy and the State of the Economy, at the Rayburn Building on Wednesday, March 2, 2022. Tom Williams | CQ-roll Call, Inc. | Getty Images The Fed’s widely followed metric indicates that the US economy could head for a second … Read more
By Elliot Spagat, Joshua Goodman and Chris Megerian – Associated Press LOS ANGELES (AFP) – Mexican President Andres Manuel Lopez Obrador confirmed Monday he will skip the Summit of the Americas in Los Angeles, dealing a blow to US efforts to rally governments to work together to tackle soaring immigration in the hemisphere. López Obrador … Read more
By Elliot Spagat, Joshua Goodman and Chris Megerian – Associated Press LOS ANGELES (AFP) – Mexican President Andres Manuel Lopez Obrador confirmed Monday he will skip the Summit of the Americas in Los Angeles, dealing a blow to US efforts to rally governments to work together to tackle soaring immigration in the hemisphere. López Obrador … Read more
Russian Finance Minister Anton Siluanov (seen here with Russian President Vladimir Putin in 2019) reportedly told Russia’s Vedomosti newspaper that Moscow would continue to service foreign debt in rubles, but that foreign international bond holders would need to open accounts in rubles and hard currency with Russian banks in the order. to receive payments. Mikhail … Read more
There may be worse options to lead President Joe Biden’s fight against inflation Vice President Kamala Harris It immediately comes to mind. But Brian Deese’s role in the new Biden and Late “laser focus” Regarding inflation, it’s more evidence that Sleepy Joe either has no idea about politics, or isn’t serious about one of the … Read more
The US economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and the explosive pace of inflation, the Bureau of Labor Statistics reported on Friday. Meanwhile, the unemployment rate held steady at 3.6%, just above its lowest level since December 1969. Economists polled by Dow Jones were looking for … Read more
An aerial view of shipping containers and cranes at Qingdao Port on May 30, 2022 in Qingdao, Shandong Province, China. Han Jijun | China Optical Group | Getty Images First, it was the epidemic. Then came the Russo-Ukrainian war. With two major global crises in a row, there may be some lasting changes in supply … Read more
A storefront in Montebello, California on December 9, 2021. Frederick J. Brown | Afp | Getty Images Workers continue to benefit from a hot labor market characterized by near-standard demand for their labor, which translates to ample choices and higher wages. However, there are signs of a slowdown in some industries and Federal Reserve policy … Read more
picture: Ananya Mishra pictures (stock struggle) he was there Unions flourish in a variety of industries Over the past year, so much so that you might not even realize the wide range of companies and industries that now have unionized employees (or employees fighting to join unions). If you like the idea of working somewhere … Read more
Abuja, Nigeria – In February 2019, Eat’n’Go, the Nigerian franchisee of popular pizza maker Domino’s, offered a miniature version of the pizza boxes the market was familiar with, for 550 naira ($1.50). Much smaller and cheaper than a medium pizza that costs N3,900 ($9), this new version is designed to be affordable. CEO Patrick Michael … Read more
