Mere hours after the Federal Reserve announced a third consecutive 75 basis point rate hike and reiterated its commitment to bringing inflatio
FedEx withdrew forward earnings guidance and CEO Raj Subramaniam warned of a “worldwide recession” on Friday, sounding another “risk off” sign
The New York Federal Reserve’s monthly consumer survey showed expectations for inflation over the next 12 months declined to 5.75% in August f
If we understand the macro through what the major equity indexes and more modern indicators such as Bitcoin and Ethereum tell us, then, at lea
European Central Bank President Christine Lagarde and Federal Reserve Chair Jerome Powell held competing public appearances this morning, as t
The European Central Bank is expected to announce another 75-basis-point rate hike following its meeting tomorrow, even as the euro weakens ag
The Institute for Supply Management reported today that its services index ticked up to 56.9 in August from 56.7 in July, expanding for the 27
The Dow Jones Industrial Average erased a 370-point gain and turned red this afternoon, as investors appeared to abandon equities ahead of the
Federal Reserve Chair Jerome Powell kept it short and sour last Friday, and stocks have fallen in all four trading sessions since he re-announ
Europe’s energy crisis is getting worse, stoking inflation as well as fear of “conflict and strife” on the continent.
U.S.
At the Jackson Hole Economic Symposium today, Federal Reserve Chair Jerome Powell spoke for eight minutes, offered three lessons, and generate
Natural gas prices in Europe and Asia surged to near-record highs Wednesday, as the worst energy crisis in decades intensifies amid increasing
The euro has broken below parity with the dollar, hitting a two-decade low on Tuesday amid multiple exigent crises that threaten not just grow
