The U.S. inflation accelerated at a faster-than-expected rate in June 2022, hitting 9.1% YoY...
JPMorgan Expects US Inflation to Moderate in 2H22, Overshadowed by Worsening Economic Outlook
JPMorgan expected U.S. CPI inflation to start moderating in the second half of 2022,...
US Consumer Confidence Drops to 16-Month Low in June on Inflation Concerns
Consumer confidence in the United States reached a 16-month low in June, according to...
SPACs Slow Down as Market Volatility Dampens Enthusiasm for New Mergers
Special Purpose Acquisition Companies (SPACs) was one of the most popular methods last year...
S&P Cuts US 2023 GDP to 1.6% as Fed’s Rate Hikes Risk Recession
The S&P 500 has revised down the U.S. GDP forecast in 2023 to 1.6%...
Oil Plunges 5% as Biden Aims to Cut Fuel Taxes and Ask Producers for Price Reduction
Oil prices plunged more than 5% on Wednesday as the U.S. President Joe Biden...