Ramia Muhjazi, who owns a florist in Slough, says her energy bills have doubled in a year to more than £3,000 annually. “This is too much for a small business,” she said. “We need it […]
Gold prices regained some ground on Wednesday as the dollar’s rally cooled, but any further advance is likely to be capped with Federal Reserve Chair Jerome Powell signalling more rate hikes. Spot gold rebounded 0.3% […]
Leading venture capital players are predicting a “mass extinction event” for early- and mid-stage startups that will make the global fiscal collapse in 2008 “look quaint” by comparison. According to Globest, a new survey has […]
Federal Reserve Chairman Jerome Powell delivers testimony today before the Senate Banking and Finance Committee. During his statements Powell says, “The latest economic data have come in stronger than expected, which suggests that the ultimate […]
EconomyBusiness and Economy Bank of America chief executive Brian Moynihan has predicted the United States will enter a “very slight” recession later this year despite improving signs for the global economy. Speaking at a business […]
Daily Standup Top Stories Advanced Nuclear Power Could Transform U.S. Maritime Industry March 6, 2023 Mariel Alumit The US maritime sector has suffered a steep decline since its peak in the immediate post-WWII era with […]
Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, And the Fed has won. In the words of Ambassador Kosh from the classic television series Babylon 5, “The avalanche has started. It is too […]
Authored by Jeffrey Snider via RealClearMarkets.com, It was a sudden and epic flood of oil the likes of which the country hadn’t seen before. According to the government’s numbers, the Energy Information Administration, over a […]
By Sagarika Jaisinghani, Bloomberg Markets Live reporter and strategist The strong stock gains that have marked the early months of 2023 are likely to fizzle out if Russia’s war in Ukraine escalates. While the region’s […]
Former Treasury Secretary under Bill Clinton, Larry Summers, joins Bloomberg to answer questions on persistent inflation indicators despite Federal Reserve tightening measures and rising interest rates. Summers, with some carefully chosen words, essentially admits what […]
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