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Is a recession coming? 12 Wall Street predictions for the rest of 2022: Top investing firms are split as to whether a recession will come. Here are the latest ...
businessinsider.com/recession-risk-inflation-federal-reserve-economy-outlook-wall-street-prediction-2022-7
Is a recession coming? 12 Wall Street predictions for the rest of 2022
More news on this subject
Profile picture of Insider (news website)
Is a recession coming? 12 Wall Street predictions for the rest of 2022: Top investing firms are split as to whether a recession will come. Here are the latest ...
businessinsider.com/recession-risk-inflation-federal-reserve-economy-outlook-wall-street-prediction-2022-7
Is a recession coming? 12 Wall Street predictions for the rest of 2022
Profile picture of The Hill (newspaper)
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
Profile picture of T-Online
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Cash: Germans' assets at record value - Daily money is also popular
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
Profile picture of Reuters
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Escalating Middle East tensions a fresh jolt to world markets
Quick Glance: Escalating Middle East Tensions Shake World Markets
  • Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.

  • Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.

  • The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.

  • Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
Profile picture of The Hill (newspaper)
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Few in new poll say Biden law has helped fight climate change
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of Insider (news website)
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Stock market today: Stocks slide for the 5th straight session
Profile picture of The Hill (newspaper)
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
The truth comes out: US is paying dearly for outperformance 
Profile picture of NBC News
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
Trump Media tells shareholders how to block their DJT stock being loaned ...
Profile picture of USA Today
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
How much money do you need to retire? Most Americans calculate $1 ...
Profile picture of Reuters
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran
Profile picture of New York Post
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to ...
Profile picture of Irish Independent
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Heineken Ireland is latest to hike price of pint from June
Profile picture of USA Today
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
Why is the economy so strong? New hires are spending more and upgrading ...
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Fossils of colossal snake Vasuki unearthed in India mine: Fossil vertebrae unearthed in a lignite mine are the remains of one of the largest snakes that ever ...
reuters.com/science/fossils-colossal-snake-vasuki-unearthed-india-mine-2024-04-18/
Fossils of colossal snake Vasuki unearthed in India mine
Profile picture of Insider (news website)
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Average mortgage holder spending record $2,800 on monthly payments
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of The Sydney Morning Herald
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
If the Reserve Bank were a football coach, it would have been sacked eons ...
Profile picture of The Sydney Morning Herald
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Should you wait for interest rate cuts to buy a house?
Profile picture of Times of Oman
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Is it the right time to buy gold or wait as prices continue to soar
Profile picture of The Sydney Morning Herald
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Business defaults soar as Australian house prices outpace the globe
Profile picture of NPR
It's a wild ride to get to the bottom of what everyone's hiding in 'A Better World'
npr.org/2024/04/16/1244788857/sarah-langan-novel-thriller-a-better-world
It's a wild ride to get to the bottom of what everyone's hiding in 'A ...
Profile picture of New York Post
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
How California fast food restaurants raised menu prices in response to $20 ...
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Profile picture of The Star (Malaysia)
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Ringgit opens higher despite greenback strength
Profile picture of Investor's Business Daily
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? ...
Profile picture of Axios (website)
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Why child care costs are soaring
Profile picture of Axios (website)
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Biden's new take on inflation: Trump would be worse
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of Sky News
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Concern for Bank of England as real earnings growth at highest rate since ...
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
  • An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.

  • Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.

  • The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.

  • The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Profile picture of ZDF
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes
Profile picture of ZDF
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
What the key interest rates mean for savers
Profile picture of Insider (news website)
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
California restaurant will up wages to compete with $20 fast-food pay
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
  • A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.

  • Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.

  • The increased minimum wages worsen the existing challenges faced by independent restaurants in California.

  • Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
Profile picture of Axios (website)
March's inflation data had good and bad news about food: It's getting increasingly cheaper to eat at home.
axios.com/2024/04/10/march-cpi-food-inflation
March's inflation data had good and bad news about food
Profile picture of The Hill (newspaper)
Here are the tax brackets to file your 2023 taxes: The tax brackets for Americans will shift upward for tax year 2023, following a series of rule adjustments to ...
thehill.com/business/4595268-here-are-the-tax-brackets-to-file-your-2023-taxes/
Here are the tax brackets to file your 2023 taxes
Profile picture of NPR
The Forever Stamp is forever rising in price. How does the U.S. cost compare globally?
npr.org/2024/04/12/1244273973/forever-stamp-cost-price-going-up-usps-postage
The Forever Stamp is forever rising in price. How does the U.S ...
Profile picture of New York Post
You might get more money in your Social Security check than expected next year: Here's why
foxbusiness.com/personal-finance/your-social-security-cola-increase-could-be-bigger-expected-next-year
You might get more money in your Social Security check than expected next ...
Profile picture of The Independent
Richard Hammond predicts majority of cars will still be petrol rather than electric in 2050
independent.co.uk/news/uk/home-news/richard-hammond-petrol-electric-cars-top-gear-b2528227.html
Richard Hammond predicts majority of cars will still be petrol rather than ...
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Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/
Wall St Week Ahead Surging US energy shares reflect robust growth ...
Profile picture of PC World
SanDisk's shows off the world's first stupendously large 4TB SD card: Western Digital's SanDisk division is showing off a 4TB SD card ...
pcworld.com/article/2303280/sandisk-surfaces-a-stupendous-4tb-sd-card.html
SanDisk's shows off the world's first stupendously large 4TB SD ...
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China helping Moscow in biggest military expansion since Soviet times, US says
go.france24.com/rjS
China helping Moscow in biggest military expansion since Soviet times ...
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Did your car insurance rate go up a lot even though you don’t drive much?: Drivers nationwide are facing the biggest car insurance rate increases since 1976.
cnn.com/2024/04/12/business/car-insurance-rate-go-up/
Did your car insurance rate go up a lot even though you don’t drive much?
Profile picture of The Age
Why the US dollar is setting off alarm bells around the world: Suddenly, tension and uncertainty have gripped financial markets, making them highly volatile.
theage.com.au/business/markets/why-the-us-dollar-is-setting-off-alarm-bells-around-the-world-20240415-p5fjta.html
Why the US dollar is setting off alarm bells around the world