Economy – Page 3 – Investmentals

What’s next from the Fed? Powell’s ‘triple play’

The Federal Reserve’s July decision is just around the corner, and all eyes are on Fed Chair Jerome Powell, expecting him to play three distinct cards, each with a different impact on the US Dollar, stocks, and Gold. With contradicting...

July 26, 2023

Is British economy as ‘ugly’ as said or an opportunity for insightful investors?

Economy Investors UK Economy

Is British economy as ‘ugly’ as said or an opportunity for insightful investors?

In the face of today's global economic challenges, the United Kingdom finds itself in ugly straits, grappling with some alarming statistics. However, amid the doom and gloom, a unique opportunity may be emerging for insightful investors who can look beyond...

July 24, 2023

Arkansas unemployment rate hit a record low at 2.6% in June

Economy News US Economy

Arkansas unemployment rate hit a record low at 2.6% in June

Arkansas experienced a remarkable drop in its unemployment rate, reaching a record low of 2.6% in June, reflecting the national jobless rate's trend (3.6%).

July 22, 2023

Merchants Capital Achieves Remarkable Milestone by Raising $196.5 Million for Affordable Housing

Home Loan loans News US Economy

Merchants Capital Achieves Remarkable Milestone by Raising $196.5 Million for Affordable Housing

Merchants Capital, a leading financial institution headquartered in Indiana, has achieved a significant milestone by successfully closing Merchants Capital Tax Credit Equity Fund 15, L.P. (Merchants Fund 15). This fund represents the company’s largest and most diverse national fund to...

July 21, 2023

Embracing Work-Life Balance: The Quiet Quitting Revolution

Economy

Embracing Work-Life Balance: The Quiet Quitting Revolution

In recent times, the concept of “quiet quitting” gained significant attention, especially on social media platforms like TikTok. The idea revolves around employees choosing not to invest excessive effort into their work and rejecting the notion of overcommitment to their...

July 21, 2023

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Economy News US Economy

Connecticut Labor Dept. Reports 75% of Unemployment Claims to Be Fraud

Connecticut’s labor department on Wednesday issued a warning regarding a disturbing surge in fraudulent unemployment claims, suspecting that a 75% of the daily claims received are deceptive. The surge in fraudulent activity is primarily attributed to a rise in identity...

July 20, 2023

Optimistic Surge: U.S. Stocks Ride Falling Inflation, Yet Lingering Risks Loom

US Economy

Optimistic Surge: U.S. Stocks Ride Falling Inflation, Yet Lingering Risks Loom

Stocks are currently experiencing optimism with cooling U.S. inflation, pushing the S&P 500 to a 15-month high. However, tightening credit conditions and potential interest rate hikes are still posing risks that could disrupt the upward trend and lead to a...

July 17, 2023

Janet Yellen Calls to Accelerate Debt Relief for Poor Nations

Economy World Economy

Janet Yellen Calls to Accelerate Debt Relief for Poor Nations

Addressing finance ministers from the G20 countries in Gandhinagar, India on Sunday, Janet L. Yellen, the United States Treasury Secretary, urged international creditors to expedite their initiatives in granting debt relief to developing nations at risk of default. She emphasized...

July 16, 2023

Why Credit Suisse’s Inquiry Opted to Maintain File Secrecy for Half a Century

Economy World Economy

Why Credit Suisse’s Inquiry Opted to Maintain File Secrecy for Half a Century

A Credit Suisse’s inquiry into its collapse has chosen to maintain file secrecy for 50 years, sparking concern among Swiss historians. According to a parliamentary committee document, the parliamentary investigation aims to preserve confidentiality by extending the protection period from...

July 16, 2023

Federal Reserve Meeting Minutes: Anticipated Rate Hikes, Slower Pace

Economy

Federal Reserve Meeting Minutes: Anticipated Rate Hikes, Slower Pace

Federal Reserve officials signaled the likelihood of future rate hikes, albeit at a slower pace, during their June 13-14 meeting. The minutes released on Wednesday revealed that policymakers opted against an immediate rate increase due to concerns about economic growth....

July 6, 2023

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Category: Economy