A highly anticipated inflation reading and the Federal Reserve’s final policy decision of the year will serve as highlights in what is expected to be the last week of major economic news in 2022. On Tuesday, the closely watched consumer price index (CPI) for November could predict how far rates could rise in the year …
Inflation data, Fed meeting will set the stage for 2023: what to know this week Read More »
The Center for Economic Development and Research at Wichita State University was polled last week by personal finance website Wallet Hub about current labor market issues. The responses came as no surprise to local business development officials who see local businesses struggling with this problem on a daily basis. “These are exactly the things we’ve …
Bank of England officials are expected to take their foot off the accelerator when they meet this week to decide how much the cost of borrowing should rise. The prospect of a year-long recession that would hit living standards, reduce business investment and damage the UK economy’s long-term productive capacity might have made them think …
Bank of England set to spoil party mood with another interest rate hike Read More »
Solar power is booming as the energy crisis drives a post-war shift to renewables in Ukraine and is expected to overtake coal-fired power by 2027, according to forecasts by the International Energy Agency. Renewable energy as a whole will become the world’s largest source of electricity generation by early 2025, the IEA said, and the …
Solar power set to overtake coal in 5 years, says IEA Read More »
As the end of the year approaches, it may be time to reassess your finances. This year has been marked by record inflation and multiple interest rate hikes. As the Fed attempts to rein in inflation by raising interest rates, there is a strong possibility that the economy will teeter into recession in the coming …
Here are 4 money moves you should make to set yourself up for financial success in 2023 Read More »
Federal prosecutors are investigating whether FTX founder Sam Bankman-Fried manipulated the market for two cryptocurrencies last spring, causing them to crash and creating a domino effect that ultimately caused his own exchange to implode. cryptocurrency last month, according to two people with knowledge of the matter. US prosecutors in Manhattan are investigating the possibility that …
FTX founder Sam Bankman-Fried set to face market manipulation probe Read More »
Federal prosecutors are investigating whether FTX founder Sam Bankman-Fried manipulated the market for two cryptocurrencies last spring, causing them to crash and creating a domino effect that ultimately caused his own exchange to implode. cryptocurrency last month, according to two people with knowledge of the matter. US prosecutors in Manhattan are investigating the possibility that …
FTX founder Sam Bankman-Fried set to face market manipulation probe Read More »
The Federal Reserve’s efforts to stamp out high inflation will push the U.S. unemployment rate to at least 5.5% as the world’s largest economy tumbles into a recession next year, a majority say. leading academic economists interviewed by the Financial Times. The latest survey, conducted by the University of Chicago Booth School of Business’s Initiative …
US unemployment rate set to top 5.5%, economists predict Read More »
The outlook for next year is a bit better for equities, but the first half looks downright ugly. Wall Street strategists unveil their 2023 outlook. There is a somewhat split opinion that the first half could be particularly difficult, with the market possibly testing its October lows. Then there is an early recovery in the …
Stocks set to fall in first half of 2023 before markets improve Read More »
Meta Materials Inc (OTCMKTS: MMTLP) has a huge week ahead of it as the short squeeze enters its final days of trading and the huge estimated short position of 80-100 million now needs to be covered. The excitement over MMTLP is palpable with numbers like $60 per share or $80 per share at the height …
