Category: Economy
All News
Kroger ‘Best Positioned’ for Recession, Inflation: BofA
Fear of recession abounds. The economy shrank 1.6% annualized in the first quarter, and many economists expect a contraction in...
Japan says hard to confirm impact from Russia’s debt default
© Reuters. FILE PHOTO: Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak,...
Cannabis News Week: SAFE Act Won’t Be Part of Competes Bill
Cannabis companies will have to wait a bit longer to get access to the banking they need as Congressional Republicans...
What Is the Richmond Manufacturing Index? Definition and Importance
The Richmond Manufacturing Index, similar to the purchasing managers’ index, is based on results of questionnaires sent to executives on...
Banking body BIS urges decisive wave of global rate hikes to stem inflation
© Reuters. FILE PHOTO: Plastic letters arranged to read "Inflation" are placed on U.S. Dollar banknote in this illustration taken,...
China’s central bank, BIS set up renminbi liquidity arrangement
© Reuters. FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China...
European banks ace U.S. Fed’s stress test, show strong capital levels
2/2 © Reuters. A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis Balibouse...
Egypt central bank keeps interest rates steady
© Reuters. FILE PHOTO: Egypt's Central Bank headquarters are seen in downtown Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El...
What Is A Recession: How to Get Ready for Hard Times
It seems that every day, another financial expert predicts that the United States will enter a recession soon. Last week...
What Is the Purchasing Managers’ Index? Definition and How to Calculate
The purchasing managers’ index signals expansion at values above 50 and contraction when below. Canva What Is the Purchasing Managers’...
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