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US Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent

Inflation continues to rear its ugly head in the lives of Americans, as 64% of U.S. residents are living paycheck to paycheck. Equities futures indicate Wednesday’s trading sessions may see…

Continue ReadingUS Inflation Skyrockets, 64% of Americans Live Paycheck to Paycheck, S&P 500 Chart Shows Death Cross Imminent

Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s

While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning…

Continue ReadingAnalysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s

While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes

Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.”…

Continue ReadingWhile the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes

US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely…

Continue ReadingUS Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per…

Continue ReadingSt. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows

Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current…

Continue ReadingFearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows

Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden…

Continue ReadingJoe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ 

Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal…

Continue ReadingGlobal Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative

The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a…

Continue ReadingSocialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative

Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell

Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives…

Continue ReadingSources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell