Global debt near record highs as the new monetary era triggers ‘crisis of adaptation’
HIROSHIMA, JAPAN – MAY 17: People walk beneath a banner promoting the Group of 7 (G7) summit at a shopping street on May 17, 2023...
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
A clerk uses a credit card reader to charge a customer in Miami. Getty Images Total consumer debt hit a fresh new high in the...
What’s next for NFTs and Web3 in the age of the creator economy? By Cointelegraph
[ad_1] © Reuters. A recent report from The Influencer’s Club suggests that the creator economy was worth over $100 billion in 2022 and continues growing....
Debt in advanced economies piles on to global challenges, says World Bank president
David Malpass, president of the World Bank Group in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | Getty Images Developed economies across the...
Inflation Will Stay High, Will The Dollar Be Destroyed?, George Milling-Stanley: Video
George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, discusses his outlook on gold, inflation, and the U.S. dollar. [ad_2] Source link...
America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money
I would not want to be in the seat of Federal Reserve chair Jerome Powell. Whether the Fed continues to hike interest rates or not,...
The countries with the largest and smallest cash and gold reserves
Photo: Mario Tama/Getty Images (Getty Images) As the world undergoes varying crises—climate disasters, the covid-19 pandemic, supply chain and banking turbulence—countries with fewer resources have...
Fed increases rates a quarter point and signals a potential pause
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped a tentative hint that the...
Live updates: Fed decision May 2023
Fed statement changes line about ‘additional policy firming’ One major change in Wednesday’s Fed statement is the omission of a key phrase that in prior...
Here’s what to expect from today’s Federal Reserve announcement
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. Olivier Douliery |...