Federal Reserve Chair Jerome Powell presented his case for maintaining current interest rates, while keeping the option open to raise them later this year if economic conditions fail to subdue inflation.
Go Deeper (2 min read)Compensation for new hires is undergoing a contraction following a period of substantial salary increases, prompting individuals to readjust their expectations regarding financial gains when switching jobs.
Go Deeper (2 min read)In an unprecedented move, the Federal Reserve has elevated interest rates to their highest point in 22 years.
Go Deeper (3 min read)Researchers at JPMorgan Chase estimated last month that China's overall debt, encompassing households, companies, and the government, had surged to 282% of the country's annual economic output.
Go Deeper (2 min read)In the following articles, we analyze stocks that demonstrate steady growth potential and reasonable valuation. Our focus is on stocks with strong balance sheets, emphasizing their capacity to sustain long-term growth.
Go Deeper (3 min read)This is a global semiconductor company that develops, manufactures, and sells smart, connected, and secure embedded control solutions.
Go Deeper (3 min read)In the wake of a pandemic that shook the global economy, the United States faces a paradoxical situation where job openings abound, but there aren't enough workers to fill them.
Go Deeper (5 min read)Inflation's grip on the American economy appears to be loosening after more than two years of relentless pressure.
Go Deeper (3 min read)The mounting threat of corporate debt defaults has long been downplayed by resilient credit markets, but the situation is taking a concerning turn as more companies face downgrades to junk credit ratings, leading to higher borrowing costs.
Go Deeper (3 min read)The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
Go Deeper (3 min read)According to the latest report from the Labor Department on Wednesday, consumer prices in June rose by a mere 3% compared to the previous year - the smallest annual increase since March 2021.
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