American economy

Alphabet CEO Pichai continues to sound the alarm on the economy

Alphabet CEO Pichai continues to sound the alarm on the economy

Alphabet (GOOGL) the parent company of Google, wants to avoid unpleasant surprises. The firm is convinced that a sharp slowdown in growth will have an impact on advertising revenues, its main source of income. For the past few months, the group has therefore been trying to prepare for a gloomy scenario as the Federal Reserve …

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56% of Americans think the United States is already in a recession.  These 4 steps can help protect your finances in a downturn

56% of Americans think the United States is already in a recession. These 4 steps can help protect your finances in a downturn

It’s very easy to get swayed by headlines and market declines when you don’t know exactly what you’re working on. Amanda Wallace Head of Insurance Operations at MassMutual Meanwhile, a majority of Americans – 80% – are already worried about the impact a recession could have on their day-to-day finances, according to the MassMutual poll. …

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Economic growth is essential.  The same goes for resilience.

Economic growth is essential. The same goes for resilience.

Policymakers have long struggled to foster rapid economic growth. But as we shape our post-pandemic economy, we must also build our economic resilience in the United States and around the world. In recent years, the global economy has become increasingly vulnerable to supply shortages and price shocks. The coronavirus pandemic has caused severe supply chain …

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Watch Chairman Jerome Powell talk about the Fed's rate hike and the prospect of future increases

Watch Chairman Jerome Powell talk about the Fed’s rate hike and the prospect of future increases

Speed ​​of rate hikes adds risk, says CFRA’s Stovall As the Federal Reserve signals that it will push its benchmark index well above 4%, potentially including another big rate hike this year, the central bank is increasing risks to investors and the economy, according to the CFRA’s chief investment strategist, Sam Stovall. “With the FOMC …

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Another interest rate hike comes from the Federal Reserve: here's how it could affect you

Another interest rate hike comes from the Federal Reserve: here’s how it could affect you

This week, the Federal Reserve will likely hike rates an additional three-quarters of a percentage point for the third straight time in a bid to calm the high cost of living. The US central bank has already raised interest rates four times this year, for a total of 2.25 percentage points. Fed officials have “declared …

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