From Promoting Economic Pluralism
The drops in both new jobs and wage growth contained in a Department of Labor report released on Friday elicited cheers from financial world insiders. “This is a really terrific jobs …
US: Financial world celebrates slowing wage and employment growth in new jobs report Read More
WASHINGTON — Central to Republicans pitch to voters in the midterm elections was a pledge to tackle high inflation and bolster the economy, but a GOP “civil war” is brewing over what …
Republicans pitched an economic solution. Now they’ll have to deliver. Read More
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. The bank’s three key interest …
European Central Bank announces new super hike of interest rates to tame inflation Read More
“In God We Trust” has been inscribed on all US paper and coin currency since former president Dwight Eisenhower mandated it in the 1950s. Americans generally believe in the afterlife, …
Why the US dollar’s supremacy is hurting the rest of the world Read More
Inflation in the 19-member eurozone reached 10% in September, the highest it has ever been in the history of the common European currency, according to the latest flash estimate from …
Eurozone inflation hits record 10%, highest in the history of the euro Read More
t the height of the pandemic, as hundreds were dying each day, Ivan Andino was travelling across London on a crowded Tube carriage to clean an empty office. Ivan works …
UK’s COVID heroes among hardest hit by cost of living crisis Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …
Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More
Good news everyone: wage increases are slowing, raises are getting smaller, layoffs are beginning to happen, and inflation is all your fault. And you should be grateful about all of …
Good News: Economy Sucks, You’re Screwed, and It’s All Your Fault, Economists Say Read More
The possibility that a US dollar and a euro will be worth exactly the same is getting closer to becoming a reality. The single currency suffered further falls this Tuesday …
Euro falls to 20-year low against US dollar and approaches parity Read More