LONDON, ENGLAND – SEPTEMBER 17: Canadian freedom activist Chris Sky, a supporter united … [+] non-compliance speaks to assembled crowds as they gather outside the Bank of England before they march across London on September 17, 2022 in London, England. Protesters are demanding that leaders who put together the Covid response over the last few…
UKRAINE – 2023/03/19: In this photo illustration, a Seagate Technology logo is seen on a smartphone … [+] screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images After a 14% rise in Seagate stock (NASDAQ NDAQ : STX STX ) this year, outperforming the broader S&P500 index, which is…
There are several measures of the money supply, the most looked at being M2 (cash + demand deposits + time deposits + retail money market funds). That official series goes back to 1959 although there are estimates going back even further. But just looking at this 64-year history, what we find is that the two…
The federal funds rate will probably push higher in June. (Photo by Samuel Corum/Getty Images) Getty Images Federal Reserve policymakers will probably hike the target range for the federal funds rate at their upcoming meeting, according to results recently provided by the CME FedWatch Tool. The members of the Federal Open Market Committee are 70.5%…
ROUND ROCK, TEXAS – APRIL 21: A Union Pacific freight train is seen traveling on April 21, 2023 in … [+] Round Rock, Texas. Union Pacific Railroad reported low quarterly earnings, signaling an economic slowdown. (Photo by Brandon Bell/Getty Images) Getty Images Union Pacific stock (NYSE: UNP) currently trades at $192 per share, around 30%…
State-of-the-Consumer Copyright (c) 2023 Popel Arseniy/Shutterstock. No use without permission. In our Annual Outlook for 2023, we raised the possibility that the US economy could potentially avert recession in 2023, powered by full employment and robust consumer spending. Thus far, with roughly a month left in the 2nd quarter, the US economy has proven itself…
WASHINGTON, DC – MAY 17: U.S. Speaker of the House Kevin McCarthy (R-CA) talks to reporters at the … [+] U.S. Capitol on May 17, 2023 in Washington, DC. McCarthy and a bicameral group of Republican members of Congress held a press conference to address the current impasse over raising the nation’s debt limit. (Photo…
SAN FRANCISCO, CALIFORNIA – APRIL 17: A sign is posted outside of a Charles Schwab office on April … [+] 17, 2023 in San Francisco, California. The Charles Schwab Corporation reported better-than-expected first quarter earnings with revenues $5.12 billion compared to $4.67 billion one year ago. (Photo by Justin Sullivan/Getty Images) Getty Images Charles Schwab…
Alexandre Gonthier is the CEO of Trustly, Inc., a global leader in Open Banking Payments. getty From China to Sweden, and increasingly in the United States, real-time payments are becoming essential for businesses looking to modernize payments. Today, there are real-time rails in production worldwide, and the July launch of FedNow, for which my company…
(Photo by Mario Tama/Getty Images) Getty Images Key takeaways Inflation, housing and jobs data all pointing the right direction for taming high inflation while avoiding a recession But the debt-ceiling crisis is putting pressure on the markets as the deadline draws closer If the US defaults on its debt, then the financial consequences would be…