Por: Associated Press Business September 20, 2022
COPENHAGEN, Denmark (AP) — Sweden’s central bank on Tuesday raised its key interest rate by a full percentage point to combat the highest inflation in more than 30 years, the first of a series of large hikes expected from central banks worldwide this week.Riksbanken said inflation has risen rapidly — to 9% in August, the highest level since 1991 — “undermining households’ purchasing power and making it more difficult for both... + full article
Associated Press USA Business September 20, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed... + más
Wall Street on edge as it tries to guess what the Fed is thinking | The Boston Globe
Consumer prices rise unexpectedly in August, sending stock market tumbling | ABC News
ABC News USA Business September 20, 2022
A last week dispelled hopes of relief for strained households and rekindled questions about U.S. policy for fighting sky-high prices.The Federal Reserve has instituted a series of in recent months as it tries to slash price increases by slowing the economy and choking off... + más
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
It’s time to stop believing in immaculate disinflation | The Boston Globe
COPENHAGEN, Denmark -- Sweden’s central bank on Tuesday raised its key interest rate by a full percentage point to combat the highest inflation in more than 30 years, the first of a series of large hikes expected from central banks worldwide this week.Riksbanken said inflation... + más
Sweden's central bank hikes key interest rate by full point | Associated Press
US markets sink ahead of another expected interest rate hike | ABC News
Associated Press USA Health September 20, 2022
How much ‘pain’? Fed to signal more rate hikes aheadWASHINGTON (AP) — Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday,... + más
How to get a student loan refund if you paid during pandemic | Associated Press
ABC News USA Business September 19, 2022
NEW YORK -- Wall Street pointed lower ahead of the opening bell Monday ahead of another expected large interest rate hike from the U.S. Federal Reserve.Futures for the Dow Jones industrials and futures for the S&P 500 each tumbled 0.9%.Britain was observing a day of mourning for... + más
Asian shares slip lower following broad decline on Wall St | Associated Press
ABC News USA Business September 17, 2022
A hotter-than-expected inflation report on Tuesday sent the stock market tumbling.The Dow Jones Industrial Average fell more than 1,200 points, which amounted to a nearly 4% drop, making it the index's worst day since June 2020. Meanwhile, the S&P 500 — the index to which... + más
Inflation woes: Which prices are going up the most and why? | ABC News
Here's why food prices are so high and what you can do about it | ABC News
The Advocate USA Crime September 17, 2022
A former chief credit officer of First NBC Bank, under the weight of risky loans, pleaded guilty on Tuesday to conspiracy to commit bank fraud, becoming the latest former bank employee or customer to admit to a fraud charge amid a sweeping federal probe.Federal prosecutors... + más
After new trial led to murder conviction again, judge hands down life sentence for Ascension man | The Advocate
'Y'all know what to do': Ascension woman enticed others in scam of pandemic aid, grand jury alleges | The Advocate
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