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Stocks rise for 3rd day and the number of job vacancies in the US remains at record levels
8 December 2021
Omicron not a threat to the economy US stock futures are set for a third day of gains as investors bet that the new variant of the COVID-19 virus will not pose a major threat to the economy. Major futures indices are anticipating a 0.3% rise at the
Fed says new COVID Omicron strain threatens economic recovery
30 November 2021
New strain and the economy US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with
Pennsylvania prepares for energy price spike
29 November 2021
High prices for utilities According to the Pennsylvania Utility Commission (PUC), there are areas in Pennsylvania where energy costs are rising by 50%. "Most regulated electricity generators in Penn
Joe Biden appoints Jerome Powell to head Fed for another four years
23 November 2021
The future of the stock market President Joe Biden has reappointed current Chairman Jerome Powell to head the Fed for the next 4 years. Experts say that this will generally have a positive effect on the market, alt
U.S. inflation rate rises to highest in 30 years in October
11 November 2021
Record jump Inflation in the US in October rose more than economists expected the consumer price index reached 6.2% compared to the forecast of 5.8%. The stock market reacted by lowering indices, with analysts expecting the negative t
Fed to begin reducing bond purchases in November, inflation to persist in 2022
4 November 2021
Bond purchases in November The market reaction to the outcome of the Fed meetings was positive. The central bank refuted expectations that interest rates would need to be raised sooner, but pointed to continue
Key House Democrat skeptical of billionaire tax
27 October 2021
Tax hike bill A top Democrat in the House has questioned a new Senate plan to tax the unrealized capital gains of billionaires and other ultra-high earners, arguing that the proposal may be
US companies believe buyers will continue to pay higher prices
25 October 2021
Price increases in shops Some of the world's leading companies are betting that consumers will continue to pay more for products like coffee or toilet paper. Major companies such as Procter Gamble, Nestle and Verizon Communications plan to increase
Volt Crypto Industry Revolution and Tech ETF receives approval from SEC
15 October 2021
Approval from the SEC Although dozens of companies, such as VanEck and Fidelity, have applied to the Securities and Exchange Commission to create the first bitcoin ETF, none have yet received approval. Instead, the SEC
Fed's minutes show that stimulus cuts will start in mid-November-December
14 October 2021
Stimulus cut Fed minutes on September showed that if the US economic recovery continues at current levels, the central bank will start cutting bond purchases by 15 billion a month from
IMF says Fed needs to tighten policy if inflation "gets out of control"
13 October 2021
Policy tightening The IMF slightly lowered its forecasts for global GDP growth and US GDP pointed out that the current rise in inflation is causing "high uncertainty". The IMF called on central banks 
Number of new jobs in the US in September well below expectations
9 October 2021
US jobs below expectations The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t
The Senate has raised the national debt limit
9 October 2021
Increase in national debt The Senate on Thursday approved a bill that raises the US national debt limit by $480 billion, but this funding will be exhausted by 3 December. A long-term bill is due to be decided in Decembe
Inflation costing US households an additional $175 per month
7 October 2021
Inflation for the households Over the past couple of months, Allison, a wife and mother of a toddler and teenager from Chicago, says she's been spending about $50 more each week on groceries to feed her family and that's at the discount supermarket
Dollar falls below yearly high amid approaching payroll test
6 October 2021
The value of the dollar fell The US dollar fell below yearly highs against major peers on Tuesday as traders waited for key US jobs data later in the week for clues on the timing of the Federal Reserve's stimulus cuts and the start of interest rate
U.S. debt default could trigger another recession
6 October 2021
What a US debt default would mean for the market Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta
Global energy shortage threatens economic growth
28 September 2021
Economic growth The energy crisis is gaining momentum, with oil and gas shortages likely to affect the world through rising prices. Experts predict rising inflation, a slowing economy and increased instability. Shares in oil and
US GDP forecasts lowered by several reputable firms at once
14 September 2021
US GDP forecasts down The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread
Jerome Powell confirms in Jackson Hole the start of the Fed's buying cuts this year
28 August 2021
Fed buying cuts in 2021 In an online conference replacing the traditional one in Jackson Hole, Fed Chairman Jerome Powell announced the start of asset purchase rate cuts this year. Major stock market indices, the Dow Jones, S&am
Brent rises to $66.38 a barrel
23 August 2021
Brent price today Oil prices rose on Monday after falling for seven consecutive sessions, the longest such period since February 2018. The market was supported on Monday by reports that Chinese authorities were able to contain a new wave of COVID-1
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