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In an unexpected move, Switzerland's central bank announced a half a percentage-point increase to the country’s interest rate on Thursday, the first such move in almost 15 years.  The central bank said the intervention was designed to stave off inflationary ...

In a widely expected move, the US Federal Reserve raised interest rates by three-quarters of a percentage point in the largest single rate hike since 1994. With this aggressive attempt to tackle scorching inflation, policymakers hope to help an economy ...

The 10-year US treasury bond yield surged to its highest level in 11 years, as investors mulled the likelihood of the US Federal Reserve taking even more aggressive steps to tame inflation. The yield on the all-important 10-year treasury note ...

In what is a record high, the average price of a gallon of regular unleaded gas hit $5 across the US last week. The high fuel price is expected to last through the summer driving season, which is when driving ...

Analysts believe the Eurozone is headed for a rough few months, with recession a distinct possibility. Regardless, many agree this should not stop the European Central Bank (ECB) from raising interest rates. The normal playbook in tough times would be ...

The crypto industry in the US welcomed new bipartisan legislation introduced to regulate it. The bill was tabled by Senators Cynthia Lummis and Kirsten Gillibrand and represents the first concrete step toward finally regulating the sector. Analysts recognize that the ...

The Biden administration has announced new trading restrictions that prohibit Americans from investing in Russian stocks and bonds. The ban is immediate and is another measure put in place by US authorities to ratchet up the financial pressure on Russia ...

The Turkish Statistical Institute recently shared a report showing that Iranians make up the largest group of foreign buyers of residential property in Turkey. In March of this year alone, Iranians purchased 784 homes, beating the number of properties bought ...

Bitcoin tumbled back under $30,000 to its lowest price in a week, as another short surge of upward momentum lost steam amid market caution. Although the world’s largest cryptocurrency showed promising signs last week, rising to over $31,400 at one ...

The US labor market is changing in significant ways, as shown by the latest data from the US Bureau of Labor Statistics. There are jobs aplenty, with 11.4 million job openings in April, even if this is a slight decrease ...

Ford has announced a massive $3.7 billion investment to ramp up production of electric trucks and vans, as well as a new Mustang. The investment will create 2,000 new jobs in its truck section, helping the company reach its target ...

Companies are trying their best to balance the work from home conundrum as cases of COVID-19 diminish. Work-life balance is so important in today’s workplace, it can affect company performance.  In a recent company memo, verified by major news agencies, ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...

The S&P 500 and the Nasdaq both entered the red in the last week as concerns that aggressive moves to control decades-high inflation might send the US economy into a recession. All three major US stock indexes have lost significant ...