by Raphael | Dec 24, 2023 | Latest News
Rising geopolitical risks are having a significant impact on the global economy. Ongoing military conflicts and economic uncertainty are causing instability, with the attacks on shipping traffic in the Red Sea straits by militants in Yemen exacerbating the situation....
by Raphael | Dec 23, 2023 | Latest News
The Biden administration is currently exploring the possibility of seizing over $300 billion in Russian assets held in Western nations in order to support Ukraine’s war effort. While Treasury Secretary Janet L. Yellen previously argued against the legality of...
by Raphael | Dec 22, 2023 | Latest News
In November, price increases experienced a significant cooling effect, providing positive news for both the Federal Reserve and American consumers. The Personal Consumption Expenditures inflation measure, which the Fed uses to monitor inflation, increased by 2.6...
by Raphael | Dec 21, 2023 | Latest News
Hotel franchisees are standing united against Choice Hotels’ bid to acquire its rival, Wyndham Hotels and Resorts. In a recent survey conducted by the Asian American Hotel Owners Association, a staggering 77% of respondents expressed their concerns that the...
by Raphael | Dec 20, 2023 | Latest News
Southwest Airlines has reached a tentative deal with its pilots union on a new, five-year labor contract that includes a significant increase in wages and improved retirement benefits. The deal, which is valued at $12 billion, has been unanimously approved by the...
by Raphael | Dec 19, 2023 | Latest News
In an article titled “Surviving in West Hollywood: America’s Highest Minimum Wage Challenge,” the New York Times explores the impact of West Hollywood’s new minimum wage of $19.08 per hour. The article highlights the concerns of business owners...
by Raphael | Dec 18, 2023 | Latest News
The article emphasizes the role of demand adjustment in the ongoing debate between the Fed and US Treasury over the market’s preference for US Treasuries.. Concerns have been raised regarding rising federal deficits and the potential flooding of the market with...
by Raphael | Dec 17, 2023 | Latest News
This Season’s Hottest Shopping, American shoppers are finally experiencing relief from the rapid inflation they have been facing for over two years. As the holiday season approaches, prices for many products are actually falling, bringing a much-needed boost to...
by Raphael | Dec 16, 2023 | Latest News
The current economic framework, established by the IMF and World Bank following World War II, is falling short in effectively addressing the mounting debt problem in today’s global economy. Despite the efforts made by the IMF and World Bank to make some...
by Raphael | Dec 15, 2023 | Latest News
Housing affordability is expected to emerge as a pivotal concern in the upcoming 2024 presidential election. Despite an economy marked by low unemployment rates and robust wage growth, many Americans continue to hold a negative outlook on the economic landscape. The...
