Virginia Voters Cite Economy, Education and Gun Safety as Top Priorities Ahead of Primary

Virginia residents share top priorities ahead of Tuesday’s primary election.

Inflation Is the ‘Biggest Poison’ for the Global Economy as Recession Risk Rises, Deutsche Bank CEO Says

The U.S. Federal Reserve, European Central Bank, Swiss National Bank and the Bank of England all moved to varying degrees to rein in inflation last week.

Pence Bemoans Biden’s Economic Agenda in Calling for ‘Change in Direction’

Former Vice President Mike Pence on Monday called for a “change in direction” to reverse the economic woes facing the country, led mostly by soaring costs for food and gasoline.

Report: Local Economy Continues to Grow Despite Inflation’s Presence

Clear majority in poll predict UK recession, see pound sinking

WPP Appoints Michael Houston as President of Its US Business

WPP today announces that Michael Houston, Global CEO of Grey, has been appointed as President of WPP’s business in the United States. In this new role, which aligns with WPP’s country leadership structure in other major markets, Michael will represent the company in its largest market worldwide. WPP employs approximately 20,000 people in the US, […]

Will 75 Bps US Fed Rate Hike Trigger Another Market Selloff?

As consumer inflation raced to a 41-year high in May, the US Federal Reserve will be determined to increase interest rates by at least 50 basis points at the end of its two-day policy meeting later today. FOMC minutes in May, too, signaled a commitment to raise interest rates, reduce the balance sheet and move […]

The Rise in Dollar to 20-Year High Costs US Companies Billions in Earnings

The rise of the dollar to its highest level since 2002 has led to billions in losses for US companies from detergent makers to dating apps this year. As earnings growth begins to slow, for some companies the extra currency impact will mean the difference between expanding and shrinking for the rest of the year. […]

TCS, Infosys, L&T Triplets Tank on US Troubles — Wiping $10 Billion off Tech Wealth

All the IT stocks from the L&T stable, including Mindtree, tanked alongside behemoths like TCS and Infosys, wiping out ₹80,000 crores or $10 billion in investor wealth amongst a handful of IT stocks. The decline in the stocks in the Nifty IT index reflected the overall index itself, which was down by 3% as of […]

BOJ Kuroda Highlights Inflation as Risk to Japan’s Economy

Kuroda says undesirable for prices to rise too much.

“Montana on the Rise” Summit in Bozeman Highlights State’s High-Tech Economy

U.S. Sen. Steve Daines and the Montana Chamber Foundation sponsored the “Montana on the Rise Economic Summit.”

Inflation Drives Americans’ Gloom About the Economy

The findings echo those of a recent CBS News poll which also found widespread pessimism about the state of the economy.

Hawaii’s Economy Expected to Grow by 3.2% Despite Global Conflicts, Disruptions

Hawaii’s economy is expected to grow by 3.2% this year despite global conflicts and disruptions.