Federal Reserve Urges Action on Inflation

Federal Reserve Bank of Richmond President Thomas Barkin recently expressed concerns about rising inflation in the United States, indicating that the central bank may need to raise interest rates to a higher level than previously anticipated. With inflation continuing to run too fast for comfort, Barkin believes that the Federal Reserve may need to take

Stock Market Trends

Gains in the Stock Market as CPI Data Expectations Point to Lower Inflation

The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a

U.S. Hiring Spree Continues

U.S. Hiring Spree Continues

U.S. Hiring Spree Continues, and the U.S. has added 1.1 million jobs in the past three months and stepped up hiring in January, despite rising interest rates, elevated inflation, and lingering recession fears. This growth is being driven by large, yet often overlooked sectors of the economy, such as restaurants, hospitals, nursing homes, and child-care