Tag: Economy

This is the headline on the front page of today’s Wall Street Journal: “OPEC + Weighs Pumping More Oil.”

Central banks’ future rate hikes will be smaller, analysts say, because recent large rate boosts are showing signs of taming inflation—and because signs are growing that a worldwide economic recession is looming.

Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we list job losses.

As forecast, the Merger and Acquisition trend which we have been long reporting would peak when the Federal Reserve would aggressively raise interest rates and cut off the cheap money supply.

The price of iron ore fell to $79.50 a metric ton on 31 October, down 17 percent last month from September and reaching its lowest point since November 2019 as the world’s economy—and China’s in particular—continue to slow, S&P Global Commodity Insights reported.