St. Louis Fed President James Bullard said on Wednesday that the Fed’s actions in dealing with deteriorating financial conditions were paying off and that the central bank should continue raising interest rates to combat high inflation. President Bullard attends an event in Little Rock, Arkansas. “The stress in the financial environment seems to have eased, … Read more
Tuberculosis (TB) is a potentially serious infectious disease that affects, in most cases, the lungs. Although it had become a rare disease in developed countries, tuberculosis has become a public health problem again in recent decades, with the spread of HIV, a virus that affects immunity and exposes the body to infections. In Romania, tuberculosis … Read more
![[US Market] Economic Recession Fears Rekindled as Risk Aversion Causes Stocks to Persistently Decline – Short-Term 130 Yen Threshold](https://i0.wp.com/assets.bwbx.io/images/users/iqjWHBFdfxIU/icZkHhCFXuuQ/v0/1200x800.jpg?fit=%2C&ssl=1 "[US Market] Economic Recession Fears Rekindled as Risk Aversion Causes Stocks to Persistently Decline – Short-Term 130 Yen Threshold")
In the US stock market on the 5th, the S & P 500 stock index continues to fall. Poor economic data reignited fears of a possible recession, pushing bonds higher as a renewed flight to safety. stock closing price Compared to the previous business day Rate of change S&P 500 Stock Index 4090.38 -10.22 -0.25% … Read more
UBS Group Chairman Colm Kelleher said:He said the Credit Suisse Group merger would take three to four years, not including the closure of the investment bank. In a speech prepared for UBS’s annual shareholder meeting on Wednesday, Kelleher said there were “enormous risks in integrating these businesses,” even with the underpinnings in the form of … Read more
Credit Suisse Group AG chairman Axel Lehmann apologized to shareholders on Wednesday for failing to stem the loss of trust in the bank. He also noted that his credibility began long before his own inauguration. In a speech prepared for the annual shareholders’ meeting in Zurich, he said, “We were unable to stem the impact … Read more
Berlin (ots) In 2022, Bremen had by far the slowest tax offices in Germany. This is the result of data collection by the leading online tax return system, Lohnsteuer-kompakt.de. For the second time in a row, Berlin came first with the fastest tax offices in Germany. On average, taxpayers in Berlin had to wait 45.8 … Read more
Another challenge looms for monetary authorities trying to keep inflation under control. Surprise production cuts decided by “OPEC Plus”, which consists of the Petroleum Exporting Organization (OPEC) and major oil-producing countries that are not members. Crude oil prices are on the rise again, and the financial authorities are likely to be forced to make a … Read more
For the nest egg or the next cruise: Saving money can provide security and fulfill dreams. We’ll show you how. The ideal would be to set aside 10 to 20 percent of your income every month. – Unsplash Ad the essentials in brief There are many ways to spend less money each month. Be it … Read more
The investment losses that led to the failure of Silicon Valley Bank (SVB) are, to varying degrees, a problem that exists throughout the U.S. financial system. The unrealized book losses of the U.S. banking industry on investments in low-yield bonds totaled $620 billion at the end of last year. For many banks, this is a … Read more
The US stock market continued to rise on the 30th. Fed officials reiterated their commitment to curb inflation, but were bought mostly by technology stocks. stock closing price Compared to the previous business day Rate of change S&P 500 Stock Index 4050.83 23.02 0.57% Dow Jones Industrial Average 32859.03 141.43 0.43% NASDAQ Composite Index 12013.47 … Read more