It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Tag: interest rates
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PROSPECT OF RATE CUT PUSHES FED INTO POLITICS
The U.S. Federal Reserve always insists it scrupulously shuns any involvement in partisan politics.
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SHOPLIFTING IN U.S. JUMPS 24 PERCENT IN FIRST HALF OF THE YEAR
Shoplifting in the U.S. has surged in 2024 as cash-strapped Americans suffocated by soaring interest rates and high inflation struggle to make ends meet and are still paying the price for COVID-19 lockdowns that destroyed life on earth.
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JOB GROWTH SLOWS SHARPLY, TANKING STOCK MARKETS
The U.S. economy added just 114,000 nonfarm jobs in July. The number was far below the 185,000 Dow Jones had expected, below June’s revised number of 179,000, and almost half of the 215,000 new jobs averaged over the past 12 months.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
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EUROPE’S ELECTION WINNERS FACE DRASTIC CONFLICTS
The U.K. and France both elected new parliaments this month and the new governments already face seemingly impossible tasks: fulfilling their mandates for dramatic changes while struggling with massive public debt, which has metastasized far beyond pre-COVID levels.
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VENTURE FUNDS RETURN TO DIGITAL HEALTHCARE COMPANIES
During the COVID War, venture investments funneled billions into telemedicine and other digital health services, giving the sector $29.2 billion in 2021 alone, investor Rock Health reported.
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INFLATION SLOWS AGAIN IN JUNE
In June, the U.S. Consumer Price Index (CPI) fell to 3 percent, compared to 3.3 percent in May, the labor department reported.
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MILITARY AID IS BALLOONING U.S. BUDGET DEFICIT
U.S. military aid to Israel and Ukraine is helping to push this fiscal year’s budget deficit from the $1.4 trillion estimated in February to $1.9 trillion, the nonpartisan Congressional Budget Office (CBO) has projected.