Interest Rates

In 2023, tech startups faced closures and layoffs as the Federal Reserve raised interest rates to a 22-year high, as reported by CBS News and the New York Times. The rising interest rates are exerting immense pressure on Silicon…

## BofA Securities Optimistic About Bond Moves and the Stock Market BofA Securities' Savita Subramanian expressed optimism about the recent increase in Treasury yields during a recent CNBC "Fast Money" segment on Tuesday. Contrary to…

Headline: China's Decision Not to Cut Crucial Interest Rate Shocks Investors, Puts Real Estate Sector Recovery in Jeopardy Subheading: The People's Bank of China Holds Five-Year Loan Prime Rate Steady, Trims One-Year Rate In an…

US retail sales in July saw a significant increase, indicating that American consumers are continuing to drive economic growth through their spending. According to the Commerce Department, retail sales, adjusted for seasonality but not…

## UK Witnesses Record Wage Growth Amid Inflation Concerns In a recent report from the Office for National Statistics (ONS), wages in the United Kingdom have seen a significant increase of 7.8% in the three months leading up to June. This…

Minneapolis Federal Reserve President, Neel Kashkari, recently shared his insights on the state of the economy. In a discussion with CBS News, he highlighted some positive developments from the past week. One of the key bright spots…

US Economy Shows Strong Growth in Q2 Despite Rate Hikes and Inflation Washington, CNN - The US economy demonstrated strong growth in the second quarter of the year, despite facing punishing rate hikes and persistent inflation. According…

President Biden and House Speaker Kevin McCarthy are both optimistic that their respective parties will support the debt ceiling plan they negotiated. This plan is aimed at averting a potential crisis that could hit the United States…