Russian ruble is at strongest level in 7 years despite sanctions:

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki |: Nurphoto |: Getty Images: Russian ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

Russian ruble is at strongest level in 7 years despite sanctions:

Russian one ruble coin and Russian flag displayed on a screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on March 8, 2022. Jakub Porzycki |: Nurphoto |: Getty Images: Russian ruble hit 52.3 to the dollar on Wednesday, an increase of roughly 1.3% on the previous day and its strongest … Read more

Is A Recession Coming In The US? Here’s What Experts Say.

Americans are growing increasingly concerned about the possibility of a recession. Earlier this month, the Federal Reserve began raising interest rates to slow inflation pressures. During the first quarter of 2022, while consumers and businesses kept spending, US gross domestic product fell by 1.5%, the first drop since the second quarter of 2020, according to … Read more

Is A Recession Coming In The US? Here’s What Experts Say.

Americans are growing increasingly concerned about the possibility of a recession. Earlier this month, the Federal Reserve began raising interest rates to slow inflation pressures. During the first quarter of 2022, while consumers and businesses kept spending, US gross domestic product fell by 1.5%, the first drop since the second quarter of 2020, according to … Read more

Some economists say a recession is inevitable. Should you pay off your mortgage now? Consider these factors first.

An economic downturn appears to be in the cards. And that could put some homeowners in a tight spot. Fears of a recession were stoked last week when data showed that the US economy shrank in the first quarter at a 1.4% annualized rate. Roger Ferguson, who previously served as a Federal Reserve governor, said … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more

As Inflation Eases Public Debt Load, Economists Sound Cautionary Note:

Rampant inflation is helping reduce the weight of the world public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked. Some highly indebted European countries — including Greece, Portugal and the UK — are on track to erase the additional debt raised to combat … Read more