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Tag: inflation

WASHINGTON, DC - JULY 05: Pedestrians walk past a bus shelter at Pennsylvania Avenue and 22nd Street NW where an electronic billboard and a poster display the current U.S. National debt per person and as a nation at 32 Trillion dollars on July 05, 2023 in Washington, DC. (Photo by Jemal Countess/Getty Images for the Peter G. Peterson Foundation)

Breaking Records: U.S. National Debt Surpasses $34T Mark

For the first time ever, the United States national debt has eclipsed $34 trillion. 

Read More Breaking Records: U.S. National Debt Surpasses $34T Mark
Argentinians Head To Polls For Presidential Runoff Amid Economic Crisis BUENOS AIRES, ARGENTINA - NOVEMBER 19: Newly elected President of Argentina Javier Milei of La Libertad Avanza greets supporters after the polls closed in the presidential runoff on November 19, 2023 in Buenos Aires, Argentina. According to official results, Javier Milei of La Libertad Avanza reached 55,69% of the votes and Sergio Massa of Union Por La Patria 44,30%, with 99,25 of the votes counted. The presidential election runoff to succeed Alberto Fernandez comes as Argentinians have been hard hit by an annual 142,7% inflation. (Photo by Marcos Brindicci/Getty Images)

Argentinian President Javier Milei Flies Commercial Amid Cost-Cutting Measures

Newly-elected Argentine President Javier Milei was seen flying commercial as part of his move to get Argentina out of the worst economic crisis they have experienced. 

Read More Argentinian President Javier Milei Flies Commercial Amid Cost-Cutting Measures
A Christmas tree is seen outside of the New York Stock Exchange (NYSE) in New York City, U.S., December 15, 2023. REUTERS/Brendan McDermid/File Photo

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.

Read More Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
A carpenter works on new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo

US single-family housing starts jump to more than 1-1/2-year high

Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.

Read More US single-family housing starts jump to more than 1-1/2-year high
The Federal Reserve building in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts//File Photo

A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots

Investors wondering whether markets can continue their torrid rally are eyeing a nearly $6 trillion pile of cash on the sidelines.

Read More A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US retail sales beat expectations; weekly jobless claims fall

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.

Read More US retail sales beat expectations; weekly jobless claims fall

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