Tag: Economy
Challenging Minimum Wage Increase: Missouri Business Groups’ Consideration
Missouri recently approved an increase in the minimum wage to $13.75, which has sparked concern among business groups in the state. The measure, known...
Why Young Black and Latino Men Support Trump: Economy and Jobs...
Brian Leija, a 31-year-old small-business owner from Belton, Texas, shared his perspective on why young Black and Latino men supported Donald Trump in the...
Federal Reserve Cuts Key Interest Rate Amid Postelection Uncertainty in Miami...
The Federal Reserve in Washington, D.C., made a decision to lower its key interest rate by a quarter-point. This move was in response to...
Gas Prices in San Diego County Hit Lowest Point of 2021
Gas prices in San Diego County have reached their lowest point of 2021, providing a bit of relief for drivers. The average price for...
Ambitious Megalopolis: A Chicago Reader Special
In a 2012 interview, Lana Wachowski compared her film "Speed Racer" to Picasso's painting "Guernica." She mentioned that the movie was an attempt to...
Biden Administration Facing Criticism for Current Policies
During the recent debate between former President Donald Trump and President Joe Biden, Trump was noted for his constant, bold, and unapologetic lies. He...
Kenya’s Reduced Reliance on IMF Debt: Reasons and Implications
Kenya has recently decided to decrease its planned borrowing from the International Monetary Fund (IMF) by 7.2 percent to Sh465.4 billion ($3.6 billion). This...
China’s Central Bank Plans to Resume Gold Purchases Amid Price Drop
China, known as the world's largest official buyer of gold, is planning to resume purchasing gold once the prices drop from the record highs...
Cyprus Stays Committed to Fiscal Discipline as Credit Rating Rises to...
Cyprus is staying true to its commitment to strict fiscal discipline even as it supports economically vulnerable groups and the middle class. This comes...
Amex GBT Forecasts Moderate Car Rental Price Hikes
Car rental prices saw a significant increase during the peak of the pandemic as providers faced supply chain issues and reduced fleets. However, a...
Argentine Finance Minister Announces Plans for New IMF Program to Lift...
Argentine Finance Minister Seeks New IMF Program to Ease Currency ControlsEconomy Minister Luis Caputo recently announced Argentina's plans to request additional funding from the...
September Rate Cut in Question: Analyzing the CPI Fallout
September Rate Cut Uncertain: Examining the Impact of CPI ChangesThe latest report for May brought some positive news. In April, the core CPI...
US dollar rises as strong service sector data muddles Fed easing...
US Dollar Rises After Strong Service Sector DataNEW YORK: The U.S. dollar saw an increase on Wednesday following the positive news that the services...
3 Reasons a Trump Second Term Could Be a Financial Boon...
Why a Trump Second Term Could Benefit Boomers FinanciallyThe economy has taken center stage in this year's election, with voters closely watching the policies...
Even Biden’s most reliable voters can’t get past the economy
Economic Pessimism Threatens Biden's Reelection ProspectsPresident Biden is facing a significant challenge as his approval ratings hit an all-time low, particularly among key constituencies...
Analysis: Inflation seems to finally be coming down again. Americans aren’t...
Inflation appears to be cooling, but Americans remain skepticalNew York (CNN) — Inflation seems to be on the decline after showing signs of sticking...
Bill Gross says Trump is ‘bearish’ choice for bond markets
Bill Gross Warns that Trump is a 'Bearish' Choice for Bond MarketsIn a recent interview with The Financial Times, renowned bond investor Bill Gross...