Unrest in China US-listed Chinese stocks rebounded after a heavy sell-off, while Apple shares fell after a Bloomberg News report said unrest in China could lead to nearly 6 million iPhone Pro production cuts this year . China’s woes complicate expectations of its path to reopening the economy, with authorities mobilizing substantial numbers of police … Read more
While several states are considering sending stimulus checks or a tax refund to their residents to offset the country’s highest inflation in four decades, coupled with rising prices due to supply chain disruptions and war in Ukraine; Many Americans wonder if it is possible for the federal government to issue a new stimulus check or … Read more
While several states are considering sending stimulus checks or a tax refund to their residents to offset the country’s highest inflation in the past four decades, coupled with rising prices due to supply chain disruptions and the war in Ukraine; Many Americans are wondering whether it is possible for the federal government to issue a … Read more
NEW YORK – Retail giant Walmart, the largest employer in the United States, began a round of layoffs, just a week after lowering its business forecasts as a result of inflation, US media reported on Wednesday. The Wall Street Journal (WSJ) noted that the departures are concentrated in the company’s headquarters and other corporate offices … Read more
Jakarta, CNBC Indonesia – Inflation United States (US) in June skyrocketed again. The Consumer Price Index (CPI/CPI) was recorded at 9.1% on an annual basis (year on year/yoy) in the announcement Wednesday (13/7/2022) morning local time. This is the highest in 41 years. The figure was also well above the forecast of a number of … Read more
Jakarta – High inflation is threatening many countries. This condition triggers people to seek loans. As quoted from CNN, Friday (6/24/2022), in the last few weeks, the legal assistant at the Mississippi Center for Justice Indianola, Yumekia Jones received an extraordinary surge in calls, the increase reaching 400%. The high number of calls from people … Read more
Households in the United States appear to be increasingly in debt with personal loans, mortgages, student loans, and credit card balances. Skyrocketing inflation strains the pockets of working families while rising interest rates make financial freedom more difficult. The total credit card balance of Americans was $841 billion in the first quarter of 2022, according … Read more
/data/photo/2022/05/23/628b5043ca286.jpg "US Experiences Record Highest Inflation in 40 Years, Gasoline Prices Approach Rp 20,000 Per Liter")
WASHINGTON DC, KOMPAS.com – The United States (US) experienced the highest inflation in 40 years with prices rising faster than expected last month, driven by rising energy and food costs. The annual inflation rate rose to 8.6 percent in May (the highest level since 1981), the Labor Department said, after falling in April. Read also: … Read more
Jakarta – Inflation in the United States (US) in May 2022 reached 8.6%. That figure is the highest since December 1981. The blazing pace of inflation fueled bets that the Federal Reserve will become more aggressive in trying to cool the pressure on the pace of rising prices. One way to do this is by … Read more
Jakarta – The inflation rate in the United States (US) rose to 8.6% compared to last year. This is the highest increase since December 1981. Quoted from CNBC the consumer price index (CPI) for goods and services increased by more than 8.3%. According to Dow Jones predictions this figure excludes volatile food and energy prices. … Read more