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Swiss cut economic growth forecasts, citing war and inflation

Shoppers walk along the Bahnhofstrasse shopping street in Zurich, Switzerland March 1, 2021. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, June 15 (Reuters) – The Swiss economy is expected to expand by 2.6% in 2022, the government said on Wednesday, becoming the latest region to downgrade its growth estimates […]

Fed risk drubs stocks; dollar, bond yields soar

NEW YORK, June 14 (Reuters) – World stocks fell for a second day in a row on Tuesday while government bond yields and the U.S. dollar clung to multi-year highs, as surging inflation led investors to brace for what could be the largest U.S. interest rate hike in 28 years this week. Surprisingly strong U.S. […]

Live news updates: US producer prices rise as inflation pressure mounts

Jars contain rare earth minerals produced by Lynas from its Mount Weld operations in Western Australia © Melanie Burton/Reuters The US defence department has signed a $120mn deal with Australia’s Lynas Rare Earths to build the country’s first onshore commercial-scale rare earths separation facility, as part of a US government push to end China’s dominance […]

How the circular economy can help combat climate change

In a circular economy, products can be used again and again. This reduces our use of precious raw materials and cuts CO2 emissions. Circular economy initiatives include the Circulars Accelerator, an innovation programme run in collaboration with the World Economic Forum. The way we live now is using 60% more resources than the Earth can […]

Gas prices. Inflation. Stocks. Economy impacting local families – News3LV

Gas prices. Inflation. Stocks. Economy impacting local families News3LV Read more…

Stocks, S&P 500 and Bear Market News: Live Updates

U.S. stocks fell into bear market territory on Monday, a 20 percent decline from their peak in January, a sign of growing pessimism about the outlook for the economy. Markets around the world tumbled, as higher-than-expected inflation and lower-than-expected economic growth upend the outlook for interest rates and corporate profits. Stocks in Asia and Europe […]

Dollar bulls take no prisoners

Currencies & metals get sold first thing this morning. Are our leaders Clueless, and out of touch? Good Day… And a Marvelous Monday to you! A beauty of a weekend for us here in the Midwest… Braden and Evie stayed with us Saturday night, and little Evie was so darned cute! Two years old, and […]

Collaboration Provides Guidance to Hispanic Small Businesses and Startups

Photo Submitted Hispanic Small Business Panel In support of Latino-owned businesses in Northwest Arkansas and the River Valley, a Hispanic Small Business Panel was held on May 26 at the University of Arkansas, Fort Smith’s Center for Economic Development, located in the Bakery District in Fort Smith. The panel, presented in Spanish, […]

South Korea trucker strike enters seventh day as economy faces risks

SEOUL, June 13 (Reuters) – A strike by South Korean truckers entered its seventh day on Monday, posing a test for the country’s new president and deepening stress on Asia’s fourth-largest economy, already facing stagflationary pressures. The strike by unionised truckers seeking higher pay has crippled ports like Busan in the export-dynamo economy, snarling the […]

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation – Altcoins Bitcoin News

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin market, stablecoins themselves represented 9.35% […]