News from The Financial World
Consumer prices in Europe continued their steady upward march in August, driven by soaring food and fuel prices and shortages caused by clogged supply chains. In the 19 countries that use the euro as currency, the annual inflation rate jumped to a fresh record of 9.1 percent, up from 8.9 percent in July, according to…
Josh Roberts didn’t think twice about taking out a loan to pay for groceries. It was early in the pandemic, and he was making $16.50 an hour working for a technology company in Cincinnati while supporting his sister and her girlfriend. “We were just not making enough to live,” he said. So he started buying…
Debts, debts, debts…. How did we get to this state, to become a nation of debts? Over the past decades, millions of Americans found themselves awash with debts and sadly, this trend is set to continue for the future generations. Debt elimination has become more challenging because creditors are aware that more money can be…
The abrupt departure of Kewsong Lee as Carlyle Group’s chief executive followed conflicts over how to run the financial firm. Source link
WASHINGTON — A federal magistrate judge has recommended rejecting the effort by relatives of victims of the Sept. 11 attacks to seize $3.5 billion in frozen Afghan central bank funds to pay off judgment debts owed by the Taliban — in part because doing so, she said, would effectively recognize the Taliban as the legitimate…
Affiliate programs are the online method of direct contact marketing. They promise a fortune with minimum investment. There are many success stories of part-time affiliates who have given up their jobs to become full-time affiliates because of the income generated by affiliate marketing. While affiliate marketing presents a rosy picture upfront, to succeed in the…
Gould’s career careened down this uncertain line between public and private interests. To promote exports and boost Erie freight traffic, he and Fisk tried to drive down the price of the greenback in Wall Street’s “Gold Room” (in essence, the foreign-exchange market). They lobbied President Ulysses S. Grant to stop federal sales of gold, and…
The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for bankruptcy. Now the industry is fixated on a potential saving grace: a long-awaited software upgrade to the most popular cryptocurrency platform, Ethereum, which provides the technological…
The most anticipated economic event of the summer is set to happen on Friday, when Jerome H. Powell, the Federal Reserve chair, provides an update on the economic outlook that could detail how the central bank is thinking about inflation and the path ahead for interest rates. Mr. Powell’s speech at the Federal Reserve Bank…
Do you have a good bit of debt? Are you struggling to control your spending? No matter what your financial woes, you must take steps to improve your financial future. In this article, you will learn ways to save and spend wisely, so you can keep control of your personal finances. It is definitely possible…