Interest Rate

Interest Rate Hikes: What You Need to Know

Interest rate hike over the past 12 months, has taken interest rates to 4.5 percentage points, marking the most rapid adjustment in interest rates since the 1980s. It is widely anticipated that the FED will enact another quarter-percentage-point increase to the interest rates in March. The Fed officials have projected that the unemployment rate would

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