How the Federal Reserve’s rate hikes affect your finances
Higher mortgage rates have sent home sales tumbling. Go to Source Author:
Business News
Asian stocks follow Wall St lower before likely US rate hike
Asian stock markets have followed Wall Street lower as traders prepare for a possible sharp interest rate hike by the Federal Reserve to cool inflation Go to Source Author:
Grim news from Walmart sends US markets tumbling
Stocks are being dragged lower Tuesday after Walmart warned that inflation is negatively impacting American consumers’ spending power Go to Source Author:
EXPLAINER: How do we know when a recession has begun?
By one common definition, the U.S. economy is on the cusp of a recession Go to Source Author:
US economy sending mixed signals: Here’s what it all means
The U.S. economy is caught in an awkward, painful place Go to Source Author:
Asian stocks higher ahead of possible US rate hike
Asian stock markets are higher as investors brace for another sharp interest rate hike by the Federal Reserve to cool inflation Go to Source Author:
Asian shares start week lower, tracking Wall St retreat
Asian shares have tumbled after a retreat on Wall Street spurred by disappointing economic data and corporate earnings Go to Source Author:
Chinatown fears community, business loss in 76ers arena plan
Organizers and members of Philadelphia’s Chinatown say they were surprised by the 76ers’ announcement that they hope to build a $1.3 billion arena just a block from the community’s gateway arch Go to Source Author:
Yellen downplays US recession risk as economic reports loom
Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession Go to Source Author:
Semiconductor bill unites Sanders, the right — in opposition
A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite Sen. Bernie Sanders and the tea party Go to Source Author:
Nevada court fights raise caution flags on green energy push
Opposition from friends, not foes, is creating some potential roadblocks to President Joe Biden’s green energy agenda in the blue-leaning, Western swing state of Nevada Go to Source Author:
Average US gasoline price falls 32 cents to $4.54 per gallon
The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon Go to Source Author:
