Economy

Wharton’s Jeremy Siegel on Fed rate hike ahead of Jackson Hole

[ad_1] Wharton business school professor Jeremy Siegel said Friday that the U.S. Federal Reserve does not need to hike more…

2 years ago

Sony raises price of PlayStation 5 console due to soaring inflation

[ad_1] In this photo illustration a PlayStation 5 logo seen displayed on a smartphone.Mateusz Slodkowski | SOPA Images | LightRocket…

2 years ago

Risk of ‘financial accident’ presents opportunity for investors

[ad_1] The growing risk of a "major financial accident" that causes a market capitulation later in the year could open…

2 years ago

How much does it cost to travel full time? Here’s what one couple pays

[ad_1] Ernestas Tyminas felt "stuck" in his role as a marketing manager at a newspaper in Colorado Springs, Colorado.So he…

2 years ago

Fed expected to stick with hawkish interest rate hikes, strategists say

[ad_1] The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that…

2 years ago

Russia faces ‘economic oblivion’ despite short-term resilience

[ad_1] Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia July 7, 2022. Aleksey Nikolskyi | Sputnik…

2 years ago

Growth accelerates for euro zone

[ad_1] Growth in the euro zone economy accelerated in the second quarter of the year, but the region's prospects get…

2 years ago

West Coast ports reduce idling vessels as container supply increases

[ad_1] The queue of vessels waiting to unload goods at the Port of Los Angeles, North America's busiest container port,…

2 years ago

Turkey’s annual inflation soars to almost 79%

[ad_1] Shoppers stroll the aisles of a bazaar in Konya, Turkey. The country is experiencing brutal inflation, with food and…

2 years ago

Fed’s Mester backs 75 basis point hike in July if conditions remain the same

[ad_1] Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S.…

2 years ago