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News & Updates
Source: The Guardian
Last week, the Bank of England forecast inflation exceeding 10% and predicted negligible growth for the next two years, toppling into months of recession, accompanied by the savage squeeze on living standards.
Source: Fox News
"I am concerned about it," MISO Chief Executive John Bear told the Wall Street Journal in a report Sunday. "As we move forward, we need to know that when you put a solar panel or a wind turbine up, it’s not the same as a thermal...
May 6, 2022 America’s job growth is starting to slowSource: CNN Business
The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase, complete with new challenges: It’s not that companies don’t want to hire, it’s that there were nearly two...
Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with spiraling energy bills.
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.
Source: Fox Business
Parents of infants across the U.S. are taking to social media pleading for media coverage and political action while posting pictures of empty stores shelves, as the country's baby formula shortage continues to get worse.
May 6, 2022 Making the Business Case for ESGSource: Knowledge at Wharton
Wharton’s Katherine Klein talks with Wharton management professor Witold Henisz about how investors can evaluate environmental, social, and governance (ESG) criteria and why they should deeply engage with firms if they want to...
May 6, 2022 The Fed is owning the inflation problemSource: Axios
He started the session by staring into the camera and telling the American people that inflation is too high and the Fed is determined to bring it down. Later, when asked a question about what other branches of government could...
Source: NY Post
Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word.
With inflation rising to a four-decade high and economic growth forecasts being slashed, predictions of an impending U.S. recession are becoming widespread.
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