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Yellen's Warning Sends Shockwaves: Bank Stocks Plunge Amid Predictions of Inevitable Mergers
19 May 2023
3373
The looming danger Regional and commercial bank stocks witnessed a significant decline in response to Treasury Secretary Janet Yellen's assertion of inevitable bank mergers, as reported by CNN. This article delves into the details of the market reac...
Preparing for Default: How Biden and Republicans' Stand on Debt Limit Impacts Financial Markets
9 May 2023
3270
Political standoff over debt limit The current political standoff over the debt limit has experts warning of severe turbulence in the financial markets. This article will explore the potential consequences of a failure to reach an agreement, includi...
Americans plan to buy fewer Christmas gifts because of inflation
21 November 2022
3116
Savings due to inflation Americans are planning to buy fewer gifts for the upcoming holidays, as well as reduce spending on charity due to inflation and economic problems in the country. The Wall Street Journal reported this on Sunday, citing opinio...
US government says it has done all it can to reduce fuel prices
7 June 2022
2698
Hearings before the Senate Finance Committee The US government has done all it can to reduce record high fuel prices in the United States. This was the statement made by US Treasury Secretary Janet Yellen on Tuesday. According t...
Fed says new COVID Omicron strain threatens economic recovery
30 November 2021
3314
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...
The Senate has raised the national debt limit
9 October 2021
3678
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...
U.S. debt default could trigger another recession
6 October 2021
3163
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...
Nasdaq down 2.8% and S&P 500 down 2% on rising bond yields
30 September 2021
3276
US stock indices fell sharply on Tuesday After 10-year treasury bond yields rose to 1.54%, which hit tech growth stocks the hardest. Uncertainty around the raising of the US government debt limit and the risk of a lockdown is causing further worries...
G7 countries reach historic agreement on minimum tax for large corporations
7 June 2021
3998
G7 agreement The G7 countries this weekend signed an agreement on a minimum global tax of 15% for large companies. It is expected to affect companies such as Google and Facebook, and make it harder to evade higher taxes through offshore co...
US indices down
21 May 2021
4514
US indices US Fed minutes for the first time hinted at a possible policy tightening reducing bond purchases on the back of economic recovery. However, economists point out that the fall in&...
Americans' expectations for year-ahead inflation rose to 3.4% in April
11 May 2021
3955
US inflation Recent surveys have shown that Americans are bracing for the highest inflation rate since 2013, according to the New York Fed. Rising prices could slow the pace of the US economic recovery. Concerns about rising inflation in the US int...
Fed chief thinks a digital dollar could be launched
12 April 2021
4209
Digital dollar Jerome Powell thinks a digital dollar launch is possible, but a decision has not yet been made. The Federal Reserve (Fed), which serves as the country's central bank, is studying the possibility of launc...
US stock market down again
23 March 2021
3432
Stock Market US stock indices are falling on Tuesday ahead of speeches by US Treasury Secretary Janet Yellen and Federal Reserve (Fed) chief Jerome Powell.The Dow Jones Industrial Average index was down 47.22 points (0.14 per cent) at 32683.98. The...
U.S. stock indices moved flat
20 February 2021
3136
U.S. stock indices The US Treasury Secretary Janet Yellen, who called for additional stimulus measures, supported the shares of sectors, which are sensitive to the situation in the economy. Yellen spoke in support of the $1.9 trillion stimulus packa...
new U.S. Treasury Secretary
3 December 2020
2860
What to expect from the new US Treasury (UST) Secretary Janet Yellen, former chairman of the Fed, may take over as finance minister after Joe Biden takes over as president. Political experts say that her policy on the US-China trade partnership...
Risky currencies increase after Trump has agreed to start transferring power to Biden
24 November 2020
2897
Risky currencies are growing Risk-sensitive currencies are strengthening on Tuesday after incumbent US President Donald Trump agreed to begin the transfer of power to President-elect Joe Biden, and with the expected appointment of Janet Yellen as Fi...
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Tesla
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Instagram
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JP Morgan Chase
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Walt Disney Company
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Ford Motor Company
10 Mention
Netflix
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Amazon
9 Mention

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