Category: Banking

In a move that has captured the attention of financial markets worldwide, the Bank of Canada has taken a decisive step by cutting its benchmark interest rate to 4.75%, a quarter-point reduction and the first of its kind in four …Read more  »

This article explores the growing financial crisis in the US, including the impact of rising costs and stagnant wages. Inflation has been a persistent issue affecting economies worldwide, and the United States is no exception. A recent Federal Reserve study highlighted …Read more  »

The state of the US economy can feel like a rollercoaster ride these days. Headlines scream about soaring consumer spending, while whispers of tech layoffs loom. So, what's the real deal? Is the US economy on solid ground, or are …Read more  »

The U.S. economy has faced many challenges in the past few years, from the COVID-19 pandemic to inflation to geopolitical tensions. Many people are wondering what the outlook is for 2024 and whether the economy will recover from the slowdown. …Read more  »

The US stock market, a powerful engine driving American prosperity, can send shockwaves through the entire system if it crashes. While predicting the future is impossible, let's delve into some potential consequences of a 2024 market crash, considering both immediate …Read more  »

President Biden's new tax plan, part of his Fiscal Year 2025 budget proposal, has been a topic of significant discussion and analysis. The plan aims to address various economic goals, including reducing the deficit, investing in America, and ensuring that …Read more  »

US Stocks: Up or Down Next Week? The stock market seems to be regaining its footing after a choppy start to May 2024. As we set sail for the week of May 13th, investors are attentively waiting for key economic …Read more  »

The U.S. stock market is a dynamic and often unpredictable entity, reflecting the ebb and flow of economies worldwide. Recently, a top forecaster has indicated that a significant correction could be on the horizon, potentially leading to a 30% drop …Read more  »

The stock market's recent surge has many investors basking in the sunshine of record highs. But beneath the surface, a rumble of concern is emanating from a sector of Wall Street known as the bears. These financial experts, ever watchful …Read more  »