Business - /contrib/business/

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Watch live: Federal Reserve Chair Jerome Powell gives update on economy, rising inflation...
Federal Reserve Chairman Jerome Powell will testify in the House on Thursday as part of his semiannual report to Congress on the state of the ecnonomy -- which is being hampered by steep inflationary pressures.
By Anonymous Submission on 2022-06-23 14:09 UTC
Bloomberg Analyst Says Bitcoin and Gold Could Benefit From Potential Incoming Deflationary Phase...
Bloomberg's senior commodity strategist Mike McGlone says a new deflationary period may be arriving to the financial landscape, from which Bitcoin (BTC) and gold could benefit.
By Anonymous Submission on 2022-06-21 20:09 UTC
Fed hikes its benchmark interest rate by three-quarters of a point, the biggest increase since 1994...
The Federal Open Market Committee released its decision on interest rates Wednesday, with markets expecting a three-quarter point hike.
By Anonymous Submission on 2022-06-15 18:22 UTC
May retail sales unexpectedly decline as consumers confront sizzling hot inflation...
Retail sales unexpectedly dropped in May as consumers -- confronted with the hottest inflation since 1981 -- pulled back on spending.
By Anonymous Submission on 2022-06-15 12:46 UTC
Inflation puts pressure on Powell: What to know this week...
Markets face another half-point rate hike this week and the prospect of sharper increases ahead when the Federal Reserve concludes its two-day policy-setting meeting Wednesday.
By Anonymous Submission on 2022-06-13 13:42 UTC
Global food prices are soaring. Rice could be next...
Food prices and export bans have been on the rise. Rice, a staple food in much of Asia, could be next, industry watchers say.
By Anonymous Submission on 2022-06-13 00:27 UTC
Las Vegas, Casinos, Gamblers Await Huge IRS News...
A new bill would set a higher threshold for what slot winnings need to be reported to the IRS (which Caesars, MGM, and others should love). Should you bet on it passing?
By Anonymous Submission on 2022-06-12 12:50 UTC
Jan van Eck Believes Bitcoin Could Hit $250,000...
What's bitcoin's fair value? CEO of $80 billion asset manager Jan van Eck shares his thoughts on the market downturn and more.
By kynast on 2022-06-12 12:05 UTC
PayPal Finally Allows Bitcoin Transfers To External Wallets...
PayPal has announced that its users will now be able to transfer their money from PayPal accounts to other wallets and exchanges. This new measure is a response to the growing demand from its customers to open up to the potential of bitcoin. Since Bitcoin
By Anonymous Submission on 2022-06-12 12:04 UTC
New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies...
American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards "tradable across over 100 different cryptocurrencies" without annual or foreign transaction fees. American Express and Abra Launching
By Anonymous Submission on 2022-06-12 12:03 UTC
American Express Announces First Crypto Rewards Credit Card On Its Network...
The card, developed in partnership with crypto wealth manager Abra, will transact in U.S. dollars and offer crypto back on any purchase category and amount. The rollout is expected later this year.
By Anonymous Submission on 2022-06-12 12:00 UTC
Inflation hits 40-year high as CPI rises 8.6% in May...
Inflation accelerated in May as U.S. consumers grapple with a surge in prices for gas, food, and shelter, data showed Friday.
By Anonymous Submission on 2022-06-10 15:43 UTC
Inflation: Here's how much grocery prices soared in May...
Inflation in the U.S. hit a fresh 40-year high in May, with Americans paying significantly more money in a category crucial for their survival — food.
By Anonymous Submission on 2022-06-10 15:41 UTC
'I Was Wrong': Biden's Treasury Sec Admits She Bungled Inflation Prediction...
'I think I was wrong then about the path that inflation would take'
By Anonymous Submission on 2022-06-01 19:30 UTC
JPMorgan predicts $6 gasoline by the end of the summer...
The national average for a gallon of gas is at a record $4.59 per gallon, and it could be about to hit $6, according to JPMorgan.
By Anonymous Submission on 2022-05-20 18:08 UTC
Democrat elites have brought economic havoc with Modern Monetary Theory...
As with various radical academic "theories" going against common sense, Democrats have almost broken the U.S. economy with runaway inflation associated with MMT. The more money put into circulation the higher inflation will rise; it's not rock
By Anonymous Submission on 2022-05-19 15:18 UTC
$6 Per Gallon Could Soon Become A Reality As Gas Prices Continue To Soar...
Gas prices just continue to rise, shooting up again overnight to another new record national average of $4.567 per gallon.
By Anonymous Submission on 2022-05-18 21:03 UTC
Gas Prices Race Past $4 a Gallon in Every US State. How High Could They Go?...
The nationwide average is more than $4.50 a gallon.
By Anonymous Submission on 2022-05-18 16:41 UTC
Dow Falls 800 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures...
Submitted to Category: /contrib/business/, /contrib/economy
Stocks tanked as investors worried about inflation's impact on consumer spending.
By Anonymous Submission on 2022-05-18 16:40 UTC
Cramer rips Target for blindsiding investors. Turns out it did even worse than Walmart...
Jim Cramer says the retailers should have preannounced the bad news.
By Anonymous Submission on 2022-05-18 16:39 UTC

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