Philadelphia Fed President Patrick Harker said in an article, “inflation is far too high across most goods and services in our economy. But I find shelter inflation, along with food inflation, particularly alarming…. We must do Read more…
Minneapolis Fed Bank President Neel Kashkari said yesterday, “We are moving very aggressively. There’s a lot of tightening in the pipeline. We are committed to restoring price stability but we also recognize given these lags Read more…
With the Fed trying to get on top of inflation no matter what it takes and showing no interest to come to investors’ rescue, traders will keep looking for any cracks within the US economy Read more…
Key Highlights Gold price extended losses below the $1,650 support. A major bearish trend line is forming with resistance near $1,650 on the 4-hours chart. EUR/USD and GBP/USD might start a fresh downward move. USD/JPY Read more…
You will have seen the collapse in the British pound amid fears the UK economy is in a mess with negative growth at the same time when borrowing costs and inflation are both surging higher. Read more…
AUDUSD broke key support level 0.6500 Likely to fall to support level 0.6300 AUDUSD currency pair recently broke the key support level 0.6500 coinciding with the support trendline of the wide down channel from the Read more…
Nick Barclay / The Verge It’s been a little while since we had a high-profile media feed hijacking, but tonight someone sent an Apple News notification from Fast Company containing a racial slur and invitation Read more…
Illustration by Alex Castro / The Verge VK, the Russian technology conglomerate behind a social network with hundreds of millions of downloads called VKontakte, says that its apps have been removed from Apple’s App Store. Read more…
In a hurricane, protecting vital financial docs is a priority With the southeast U.S. and the Caribbean in the middle of hurricane season, the top priority is revered for helping the elderly and infirm and Read more…