Traders may look at today’s press conference as marking “peak hawkishness” for the Fed, at least in the short term… What did the Fed do? As almost universally expected, the Federal Reserve opted to raise interest rates by 50bps to the 0.75-1.00% range. This was the largest single interest rate hike since 2000. Additionally, the […]
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Restaurants face significant challenges when it comes to setting their menus. Many chains have opted to cut items and tighten their selections in order to protect themselves against rising food costs and increased waste. Many Read more…
One of the industries in which companies must fight hardest to establish themselves is the brick-and-mortar retail space. And it’s even harder for them to maintain a foothold once they’re in. Related: Massive sports retail Read more…
Market Overview The cryptocurrency market capitalisation surged by 6.4% in the past 24 hours, reaching $2.95 trillion — its highest level in seven weeks and a confident return to a key round figure. Global financial Read more…