Asian markets rise ahead of US inflation data
BEIJING (AP) — Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes. Shanghai,...
Investor delivers new tech ‘bubble’ warning
The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s...
The World Is Failing In Both Energy Affordability And Climate Goals
Global energy investment is on the rise and expected to grow by 8 percent annually this year, pushed up by record spending on clean energy,...
jerome powell: US could face more inflation ‘surprises’: Fed’s Jerome Powell
The US economy is strong but faces an “uncertain” global environment and could see further inflation “surprises,” Federal Reserve Chair Jerome Powell said Wednesday. In...
What stagflation is, and how to prepare for it
Runaway inflation has raised fears that the economy is headed towards a return of stagflation but a host of Wall Street banks such as Goldman...
Prepare for sticker shock if you are traveling this summer
DALLAS (AP) — Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting...
Worry about stagflation, a flashback to ’70s, begins to grow
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long...
Stephen Roach gives stagflation warning, calls peak inflation absurd
Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the U.S. is on a dangerous path that leads...
Gasoline Prices Top $6 In California, $9 In Parts Of Europe
Gas prices in both the United States and Europe hit new highs Wednesday, with average prices per gallon in California topping $6, compared to over...
Beware a Global Economy with Little Fires Everywhere by Mohamed A. El-Erian
Rich countries have shown impressive unity in helping Ukraine counter the Russian invasion. They now need to demonstrate the same level of resolve to prevent...