The FED officials say that they will succeed in getting down inflation to 2% without facing a recession. NATO is willing to send thousands of its troops to eastern European territories to prevent any escalation by Russia. It’s been more than three months since the start of the war, and the Ukrainian troops are showing […] More
Wall Street is heading into a bear market, and the Federal Reserve remains committed to its tightening policy. Consumers are shifting into a survival mode. The fastest increases in energy and food prices are forcing consumers to ditch unnecessary spending. Over the past 6 months, U.S consumer confidence and sentiment have dipped low month by […] More
Oil drops, and Wall Street rises hours after the Federal Reserve president’s testimony about the possibility of a market recession. After the Red Bull Reserve president testifies, Wall Street closes Thursday evening trading hours with a mixed performance. Jerome Powell says today that the US might face an economic slowdown and a mid-term recession at […] More
The global central banks are tightening their monetary policy to tame inflation, but at what cost? The wall street major three indexes experienced a mixed performance amid fears that market volatility will keep rising. By the evening trading hours, the S&P rose by 0.22%; the Nasdaq composite gained 1.43% and the Dow Jones industrial declined […] More
The Federal Reserve increases its interest rate by three quarters after noticing that interest rates controlled price hikes In recent months, the public view of the economy has fallen massively after the series of interest hikes and the struggles and pain that American households are experiencing these days. In addition to that, last week’s CPI […] More
In May, the CPI rose 8.6% year on year, raising concerns on Wall Street that inflationary pressures aren’t fading. The yellow metal gained over 2%, and Wall Street suffered one of its worst closing weeks this year. The bureau of labor statistics released its CPI results this morning, which was a major shock to interested […] More
Oil prices are climbing to set new high records as fears of economic recession grow among investors. The tech sector’s hopes didn’t get as high as expected for the first quarter as the chipmaker crisis extended to some degree. The Wall Street indexes fell during Wednesday evening trading hours, with the S&P down 0.92% and […] More
The labor department releases Mai’s report, and Musk fears the possibility of a market crash. Wall Street and the stock market had a minor fall on Friday after the jobs report was released by the U.S. labor department. According to the report, the U.S. labor department added 390.000 new jobs in May. The number was […] More
Firms in the United States believe that the Federal Reserve’s interest rate hike is a bad business strategy with disastrous long-term consequences. The Federal Reserve will officially start reducing its $9 billion balance sheet anytime this week as fears of an economic slowdown rise. Wall Street remains vulnerable to global political and economic trends, having […] More
New home sales in the U.S. declined for the fourth month amid fears of a market recession. A recession in the United States appears more likely these days, and Wall Street may crash soon, as two of the three major indexes are already in bear market territory. For the first time today, FED Chairman Jerome […] More
The market fears the monkeypox economic effects. Consumer confidence fell by 0.9%, and the EU approved sending weapons to Ukraine. U.S. stocks rose today as fears of soaring energy prices and inflation increased among investors. As for the recent update about the Ukrainian war, the U.S. in its last statement confirmed that about 20 nations […] More
The S&P 500 has entered a bear market after falling 1.9% in Friday afternoon trading as concerns about interest rate policy tightening grow. Before the COVID pandemic, the Russian war, and China’s recent economic crisis, the stock market was generally trending upward. All these factors have pushed the stock market in confusing directions, and no […] More