August 2023 What is going on with the global economy? The analogy of a plane and whether it would experience a gentle landing or a rough one is frequently used to illustrate the state of
Buckle Up for the coming World Economy
“If You are What You Eat, are You What You Believe?”
September 2023 Economic environment Two fundamental economic ideas—inflation and unemployment—have a significant impact on the overall strength and well-being of an economy. However, as your research indicates, there may be discrepancies between the actual reality
Artificial Intelligence is Here and so are 4 Serious Economic Threats to The Us.
The US is currently facing significant economic dangers, notwithstanding all the hype around AI. These include recession concerns, historically high interest rates, and decreasing Chinese economic development. Despite all the excitement around AI, these are
Jamie Dimon warns, ‘potentially catastrophic’ as lawmakers fight over raising the debt ceiling.
A US debt default would be “potentially catastrophic,” according to Jamie Dimon, CEO of JPMorgan Chase, on Thursday. President Joe Biden and Republican leaders have until June 1, 2023, to increase the $31 trillion debt
G-7 Warning as US debt crisis looms
On May 13, 2023, financial experts from the Group of Seven (G-7) wealthy countries issued a warning about escalating economic uncertainty. They concluded a three-day gathering overshadowed by the impasse over the United States’ debt
Debt Ceiling Worries Deepen
The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding to global economic worries, as a new non-partisan congressional report cited “significant risk” of a historic default within the first two
A New Problem Coming after Covid caused shortages in the Jobs Market.
For more than a year, central banks have aggressively tightened monetary policy in an effort to tame sky-high inflation. However, the job market has remained obstinately tight. After the pandemic, supply chain bottlenecks gave way
Buffett Warns Easy Money is Over for US Economy
Warren Buffett, the Berkshire Hathaway CEO, issued a negative outlook for the US economy on Saturday, April 29, 2023, saying the boom period for his businesses has ended. Fears of a US recession and credit
The Federal Reserve & Its Current Rates
The US inflation figures due out next week may offer hints as to whether the Federal Reserve can hold off on raising interest rates at its meeting next month. After a gain of 5.6% a
WHAT IS YOUR FINACIAL EMERGENCY PLAN?
When an emergency strikes, many Americans plan to raid their retirement savings. “Savings rates go down and hardship withdrawals and loans go up,” Tom Armstrong, vice president of customer analytics and insight and head of
