Despite their shares being down almost 50% from last year’s all-time high, Advanced Micro Devices (NASDAQ:AMD) was a welcome sight for sore eyes this week. Equity markets have been under their longest period of selling pressure since the COVID panic of…
Increased Supply Chain Bottlenecks Sparks Global Economic Warning
The ocean harbors more than 80% of the globe’s traded goods. The Royal Bank of Canada (RBC) conducted a new study that has revealed economic data suggesting that 20% of all container ships in operation are sitting in traffic at several different major …
Don’t Sit On The Sidelines Waiting For The Ghost Of Stagflation
The ghost of stagflation is once again looming on the horizon, and you should make sure that your current personal financial planning strategies are such that you can mitigate risk but still build and grow wealth for the longer-term. This is the messag…
S&P Bankruptcy Tracker: US Corporate Bankruptcy Filings Dip In April
US Corporate Bankruptcy Filings DipThere were 29 bankruptcy filings in April, a drop from 36 in March. The lower number of filings in April is consistent with the pace of filings in the first quarter of 2022 and in line with expectations the whole year…
Business Loans What To Look For And What To Avoid
Business loans are a much-needed source of capital for startups and small businesses. But unfortunately, there are also abuses with these loans that can hurt your business. Paying 100% interest on a loan is never a good thing. This article will teach y…
NEXT plc – Don’t Worry, Everything’s Fine
NEXT plc (LON:NXT), the high street and online retailer has reiterated its guidance in a trading statement covering the first 13 weeks of its current financial year. The group sees full price sales for the year growing by between 2% and 8%, with profit…
Relief On Financial Markets Over Central Bank Inflation Strategy As Barratt Customers Shrug Off Rising Rates Concerns
“Relief has rippled through the financial markets as the Federal Reserve seems committed to keep to the path it had mapped out to try and tame roaring inflation. The FTSE 100 has opened 1.6% higher following big gains on Wall Street with the S&P 500 an…
Delaware Stimulus Check: Residents Can Expect $300 by May 31
Several states and counties are sending stimulus checks to residents to help them offset the rising cost of living, inflation and prices of goods. Delaware is the latest state to do so, and the Delaware stimulus check could provide eligible residents w…
U.K. Inflation To Hit 10%, Bank Of England Takes Base Interest Rates To 1%
U.K. inflation has reached a 13-year high of 10%, prompting the Bank of England (BOE) to increase interest rates by 0.5 meaning that the base interest rate is now 1%. It is the fourth consecutive hike since December, as households have had to grapple w…
Fed Confident In Soft Landing, Not Considering 75bps
Fed confident in soft landing, Not considering 75bps, Stocks rally, Oil surges as EU nears Russian ban, Gold gets groove back, Musk’s Ape Tweet – OANDA Fed Confident In Soft LandingA historic Fed decision is in the books and Fed Chair Powell did not di…