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Inflation

Fed rate decision September 2023: Leaves rates unchanged

by Adrian Jhonsan
Fed rate decision September 2023: Leaves rates unchanged

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more hike before the end of the year and fewer cuts …

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Categories World

Here’s everything the Fed is expected to do Wednesday

by Adrian Jhonsan
Here’s everything the Fed is expected to do Wednesday

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on July 26, 2023.  Saul …

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Categories World

U.S. national debt tops $33 trillion for first time

by Adrian Jhonsan
U.S. national debt tops  trillion for first time

The U.S. Department of the Treasury building is seen in Washington, D.C., Jan. 19, 2023. Saul Loeb | Afp | Getty Images WASHINGTON — The national debt of the U.S. …

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Categories World

Child poverty in the US jumped and income declined in 2022 as coronavirus pandemic benefits ended

by Shawn Butlere
Child poverty in the US jumped and income declined in 2022 as coronavirus pandemic benefits ended

Child poverty in the United States more than doubled and median household income declined last year when coronavirus pandemic-era government benefits expired and inflation kept rising, according to figures released …

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Categories Health

An ‘immaculate disinflation’ amid uncertainty?

by Adrian Jhonsan
An ‘immaculate disinflation’ amid uncertainty?

The New York Stock Exchange welcomes executives and guests of Ormat Technologies, Inc. (NYSE: ORA), on Sept. 6, 2023, to celebrate entering its 20th year of trading on the NYSE. …

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Categories World

Grocer summit to ‘take the heat off’ Ottawa, not tackle food inflation: experts – National

by James Odonell
Grocer summit to ‘take the heat off’ Ottawa, not tackle food inflation: experts – National

The federal government’s efforts to gather Canadian grocery executives for a summit to tackle food inflation is “disingenuous” and unlikely to bear much fruit, analysts say. Prime Minister Justin Trudeau …

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Categories Politics

Where financial advisors see opportunity

by Adrian Jhonsan
Where financial advisors see opportunity

Shoppers at a Chicago grocery store, Aug. 9, 2023. Scott Olson | Getty Images Inflation has continued to take a bite out of Americans’ wallets in 2023. But onetime predictions …

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Categories World

Arm’s surge lends helping hand to banks

by Adesola Mojo
Arm’s surge lends helping hand to banks

Arm Holdings CEO Rene Haas poses for a photo with members of leadership before the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. …

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Categories Automobile

Arm’s spectacular day lends helping hand to banks

by Adrian Jhonsan
Arm’s spectacular day lends helping hand to banks

Rene Haas, chief executive officer of Arm Ltd., center, during the company’s IPO at the Nasdaq MarketSite in New York, US, on Thursday, Sept. 14, 2023. Michael Nagle | Bloomberg …

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Categories World

Arm IPO to help jump-start IPO market: Airbnb investor Rick Heitzmann

by Adrian Jhonsan
Arm IPO to help jump-start IPO market: Airbnb investor Rick Heitzmann

Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. FirstMark Capital’s Rick Heitzmann believes real fundamental demand for IPOs is returning. “People …

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Categories World
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