Americans finally learn to deal with Inflation
A number of indications, including a Gallup survey revealed that 56% of Americans believe inflation is a hardship...
Tag : US economy
Nancy Pelosi’s Taiwan visit: Will global economy face another meltdown?
It is assumed that China will put on a show of power following Nancy Pelosi's visit to Taiwan....
Rising inflation: Credit cards come to the rescue of Americans
Researchers for the New York Fed credit card balances climbed by USD 46 billion, or 5.5% from the first quarter....
Tesla fires 200 Autopilot employees in latest job cut
by Prajwal Wele
The San Mateo Tesla location has been shut down in addition to the layoffs...
US Fed raises interest rate by 0.75 percentage-point, highest since 1994
The decision comes in the backdrop of consumer price inflation hitting 8.6% in May, the highest since 1981....
Recession may hit America by 2024
Rising interest rates induced a recession six out of seven times in American history....
Why US investors are worried about a recession
US economy shrank in the first quarter of 2022, but the market correction offers some respite....
US inflation rate slows to 8.3% in April
Core CPI rate of inflation preferred by the Fed rises by a higher than expected 0.6%....
US Fed announces biggest interest rate hike in two decades
Rates to touch 2.9% by 2023. Seven more hikes are expected this year....
The US-China trade war in light of Biden’s win
Biden is expected to adopt a coherent approach to the ongoing trade war with China...