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“US faces 35% risk of recession: Goldman Sachs” The US economy is at greater risk of falling into a recession over the next year due to higher oil prices and the specter of a prolonged Russian invasion of Ukraine, according to experts at investment banking giant Goldman Sachs. The analysts at the bank peg a…
“Inflation is Biden’s fault, and only Biden’s fault” If you break it you own it,” is pretty much what Joe Biden should be thinking right now, but he isn’t, of course. Yes, it’s inconceivable that the president who so deservedly owns his moniker “Sleepy Joe” has enough self-awareness to own up to his role in…
” The best is yet to come: What’s next for blockchain and the creator economy “ After two years and many COVID-19 restrictions finally subsiding, the world is welcoming the return of in-person theater, movies, comedy, music and sports. This has left some wondering what will happen to the legions of digital creatives who occupied…
“#Rising crime, inflation gives NY GOP shot at winning seats” Republicans in New York State have opportunities to gain seats in the 2022 midterm elections amid rising crime and raging inflation under Democrats’ leadership, a new poll suggests ahead of the party’s nominating convention Monday. Crime and the economy are the top issues in voters’…
“#Why wasn’t Russia ejected from SWIFT bank system? And what happens if it is?” Initial economic sanctions against Russia over its invasion of Ukraine did not include a move to sever the Kremlin’s access to the SWIFT international banking system – an omission that has sparked debate among world leaders. When pressed to explain why…
“#How Ukraine war could make it worse” A key indicator of inflation showed another increase in prices for January as Americans gird for more economic turbulence exacerbated by Russia’s invasion of Ukraine. The personal consumption expenditures index — or PCE — which is put out by the Department of Commerce and is considered the preferred…
“#Over half disapprove of Biden’s handling of Ukraine in new poll” Barely one-third of Americans approve of the way President Biden is handling the threat of a Russian invasion of Ukraine, according to a new poll released days after Vladimir Putin ordered “peacekeeping” forces to two breakaway regions of the former Soviet republic. The Gallup…
“#Biden breaks another inflation record” Check another economic record off the list for the Biden administration: Consumer Price Index inflation just hit 7.5% for the year ending in January, the highest jump since 1982. Fuel oil? Up 46.5% for the year. Gasoline? 40%. Used cars? 40.5%. New cars? 12.2% Meat, fish, poultry and eggs? 12.2%….
“#How Armine Yalnizyan became one of Canada’s most important economists” She’s the caring person’s economist: a big-picture thinker who looks out for the little guy. Yalnizyan is No. 22 on the Maclean’s Power List. Armine Yalnizyan is No. 22 on the 2022 Maclean’s Power List, a ranking of 50 influential Canadians. Click here to see…
“# Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound ” Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week…