Sen. Warren warns Fed Chair Powell not to ‘drive this economy off a cliff’
The Federal Reserve should make sure that its rate increases do not push Americans into the unemployment lines, said Sen. Elizabeth Warren, the Democrat from...
Premarket stocks: The stock market sell-off could be just getting started
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‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with...
US Economy Has ‘Decent Chance’ of Avoiding Recession but Things ‘Could Go Bad’: Bernanke
Federal Reserve officials have a “decent chance” of avoiding a recession in the United States with a “soft landing,” former Federal Reserve Chair Ben Bernanke...
If A Recession Is Imminent, Consider Gold And Bitcoin
Gold sign bitcoin and gold nuggets on black background. getty There’s no way of knowing for certain whether a recession is imminent, but for many...
Asian Stocks Down as Wall Street Enters Bear Market over Recession Fear By Investing.com
[ad_1] © Reuters. By Zhang Mengying Investing.com – Asia Pacific stocks were down on Tuesday morning after Wall Street while bond yields hit a two-decade...
Looming Price Hikes on Food Set to Hit Americans This Fall
In its effort to contain inflation, the Federal Reserve has begun what many expect to be a series of interest rate boosts, which are already...
Biden Says He Won’t Be Able to Bring Down Gas or Food Prices in Near-Term
President Joe Biden said on Wednesday it was unlikely his administration would be able to bring down the cost of inflation, including gas and food...
Jerome Powell’s Volcker Deficit by Stephen S. Roach
If the US Federal Reserve wishes to avoid a return to stagflation, it must recognize the huge gulf between the level of real interest rates...
White House Economic Adviser Plays Down Recession, Says Economy in ‘Period of Transition’
President Joe Biden’s top economic adviser played down the risk of recession in a recent interview, suggesting Americans be confident during what he called a...