The U.S. Federal Reserve should raise its key interest rate above 5 percent and leave it there until inflation shows clear signs of retreating, Loretta Mester, president of the Federal Bank of Cleveland, said in an 11 April speech at New York University.
Businesses that went public by merging with special-purpose acquisition companies (SPACs) in the past three years wrote off $11.57 billion in so-called “goodwill impairment charges” in 2022, The Wall Street Journal reported.
The National Center for Health Statistics said last week that suicide rates in the U.S. rose 4 percent in 2021 after falling for the two previous years while politicians were locking down Americans to prevent the spread of COVID-19.
The authors of a new study published in the journal Science said they found 26 different types of perfluoroalkyl and polyfluoroalkyl substances—known as PFAS, or “forever chemicals” – including half that are not identified by the Environmental Protection Agency’s test methods.
A new poll released by Bankrate found that seven in 10 parents with adult children are currently making financial sacrifices to help provide for their offspring.
Brazilian President Luiz Inácio Lula met with Chinese President Xi Jinping last week in Beijing and solidified plans to work more closely in the future and “expand trade and balance in world geopolitics,” which was seen as the Global South’s latest rejection of U.S. hegemony.
Former Russian President Dmitry Medvedev, the deputy chairman of Russia’s national security council, brushed off comments from Poland’s prime minister, Mateusz Morawiecki, who said NATO would make quick work of Moscow if war ever reached beyond Ukraine’s borders.
More than 100,000 Israelis took to the street on Saturday in Israel to voice their opposition to Prime Minister Benjamin Netanyahu’s judicial overhaul plans, which has become a weekly tradition until the measures are killed.
The U.S. has prepared for “wild card” scenarios that could develop during the Ukraine War including the sudden deaths of Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, and the possibility that Kyiv targets the Kremlin with a missile strike.
French President Emmanuel Macron warned fellow European countries last week that it is important that they make their own decisions when it comes to China and international diplomacy and that France was not a “vassal” of the U.S.