Americans might face financial constraints this summer
Michelle Thompson
Americans typically increase their spending during the summer months as they venture outdoors, plan vacations, and take breaks…
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Economy
325 posts
Inflation in the UK has finally returned to 2%. However, rate cuts are still not being considered.
In May, UK inflation decreased to 2%, reaching the Bank of England’s target for the first time in…
The strength of the US dollar is increasing. Here’s what’s fueling this rally and its implications for Americans.
Last week, the strong performance of the US dollar provided a positive indication of Americans’ purchasing power. The…
What caused this year’s seemingly unstoppable stock market rally to come to a halt?
The robust stock market rally of 2024 has abruptly come to a halt. In April, the S&P 500…
Oil prices surge amid escalating tensions in the Middle East.
Oil prices saw a significant increase on Friday as Asian markets experienced a downturn, driven by global concerns…
Pressure persists on regional banks in the US, and this trend is expected to persist.
Despite overcoming a crisis in 2023, regional banks in America continue to face challenges. The SPDR S&P Regional…
Below are the potential outcomes for the US economy in the absence of rate cuts this year.
Federal Reserve officials have emphasized the need for more compelling evidence showing that inflation is steadily progressing toward…
A recent report suggests that climate change will lead to decreased wealth for individuals.
An up-to-the-minute study published on Wednesday reveals that climate change-induced record-breaking heat waves, severe floods, and acute wildfires…
The IMF has revised its growth projection upward for the “overheated” US economy and recommends prudence regarding reductions in interest rates.
The International Monetary Fund (IMF) has upgraded its forecast for the US economy’s performance, predicting it to grow…
Political tensions are causing turbulence in the financial markets. Here’s what investors are keeping an eye on.
Investor concerns about heightened tensions in the Middle East caused unease on Monday, resulting in significant market fluctuations.…
