The Federal Reserve on Wednesday raised interest rates by another 75 basis points despite acknowledging that economic growth is clearly slowing. The central bank, under Powell, reiterated that the path of least resistance...
by silvertomars
The US savings rate went 3x the previous highs… now, as inflation eats into disposable incomes, the personal savings rate has fallen to levels last seen in August 2009…
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Facebook is turning to its “supreme court” to decide whether to end restrictions on Covid misinformation, more than two years after the company first started to take special action on posts promoting falsehoods...
China’s plans to bolster growth as Covid outbreaks and lockdowns crush activity will see a whopping $5.3 trillion pumped into its economy this year.The figure -- based on Bloomberg’s calculation of monetary and...
