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Economy
Four inspiring blockchain journeys and stories from Odisha, India | CryptoSlate
Blockchain technology offers a great many advantages to many industries, with the financial sector being one of the most notable examples. It has the potential to have an even greater impact in developing countries, where…
The data that shows Boomers are to blame for the labor shortage
One of the more insidious myths making the rounds this year was that young people didn't want to work because they were getting by just fine on government aid. People had too much money, went the narrative from a handful of politicians…
The Fed Is Ignoring The Demand For Money
Douglas Rissing/iStock via Getty Images If over the past 13 years that I have been publishing it, this blog has contributed anything to our collective understanding of monetary policy, it is a focus on the balance between money…
Fed decision, inflation data, FedEx and Rivian earnings top week ahead
Ticker Security Last Change Change % RIVN RIVIAN AUTOMOTIVE INC. 114.66 -0.74 -0.64%AMZN AMAZON.COM INC. 3,444.24 -39.18 -1.12% Finishing out the week for economic data will be building permits, housing starts, initial and continuing…
Analysis: The EU is finally putting its money where its mouth is on China
Now, a more coherent European strategy is coming into focus, through a series of policies that have the clear ambition of countering China, regardless of what it could mean for investment in Europe. Last week, the European Commission…
Fed officials expect three rate rises next year in hawkish pivot on inflation
Federal Reserve officials expect to raise interest rates three times next year in a dramatic shift from their projections just three months ago as the US central bank assumes a much more aggressive approach to taming surging…
GM’s chief economist says U.S. inflation problems will improve
General Motors' chief economist said Thursday that she believes the country's inflation problems are only temporary and mostly the result of supply-chain bottlenecks — not last year's stimulus checks — and that they will likely ease up…
Biden backs Fed Chair Jerome Powell’s likely monetary policy tightening as inflation
US President Joe Biden (L) looks on after announcing Jerome Powell (R) as his nominees for Chair of the Board of Governors of the Federal Reserve Systems during an event at the White House in Washington, DC, on November 22, 2021.Jim…
Google tells employees it won’t raise everyone’s wages to keep up with inflation
Google parent company Alphabet announced its fifth quarter in a row of record profits ($18.9 billion) and second straight quarter of record revenue ($65.1 billion) in October, but a company executive told employees that Google…
Euro banknotes to get first big redesign with 19-nation consultation
Euro banknotes are facing a redesign for the first time since their launch two decades ago, with a plan to make the currency “more relatable to Europeans of all ages and backgrounds”.The European Central Bank (ECB) said it was starting a…