South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009
In a surprising move, South Korea has reduced interest rates by 25 basis points, marking the first[…]
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
Russian Central Bank Takes Bold Action to Stabilize Plummeting Ruble and Combat Rising Inflation
Moronic Monday – December 02, 2024 – Your Weekly Questions Thread
Mindful Monday – December 2, 2024 – Your Weekly Questions Thread Welcome to your supportive space for[…]
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk’s attempt to have his $56 billion compensation package restored has been denied.
Unchecked corporate pricing power is a factor in US inflation
Lack of regulation on corporate pricing power contributes to inflation in the US.
Powell says he’s not worried about the Fed losing its independence under Trump
Powell expresses confidence that the Federal Reserve will maintain its independence during the Trump administration.
Moronic Monday – December 09, 2024 – Your Weekly Questions Thread
Moronic Monday – December 09, 2024 – Weekly Questions Thread Welcome to your designated spot for inquiries[…]
UK economy in October suffers first back-to-back declines since 2020
UK economy experiences consecutive declines in October for the first time since 2020.
Moronic Monday – December 16, 2024 – Your Weekly Questions Thread
Mindful Monday – December 16, 2024 – Weekly Q&A Thread Welcome to your go-to space for inquiries[…]
Fed cuts rates by quarter point, scales back cuts for 2025
Fed reduces rates by 0.25%, revises 2025 rate cut projections downward.