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Economy News

Economy : 2023June23Friday

5 reasons why top economist Mark Zandi says ‘this time is different’ and he’s ‘betting against’ a U.S. recession - Fortune

US Economy May Beat the Odds This Year and Dodge a Recession - Bloomberg

Hutchinson on Trump, GOP Primary Field, the Economy - Bloomberg

Biden to deliver speech on the economy in Illinois - The Hill

Biden to deliver major economic address in Chicago next week - Reuters.com

Opinion | The Many Minds Behind Biden's Biggest Economic Idea - The New York Times

Argentina Economy Minister Sergio Massa to Run for President - Bloomberg

Argentina Economy Chief Massa to Run for President as 'Unity' Peronist Candidate - U.S. News & World Report

Americans are so indebted that it’s holding back the economy. These 4 key reforms could give them room to breathe - Fortune

Pakistan's economic meltdown spurs more people to risk lives to reach Europe - Reuters

Monetary : 2023June23Friday

Is Turkey's economy heading for a monetary policy U-turn? - DW (English)

Watch live: Fed chair Powell testifies on Monetary Policy Report - The Hill

Watch live: Fed chair Powell testifies before Senate panel on Monetary Policy Report - The Hill

Fed’s Powell Testifies in US House on Monetary Policy: 5 Key Takeaways - Bloomberg

Matador requesting monetary donations only; here's how you can help - KCBD

What the UK's Looming Mortgage Crisis Reveals About Global Monetary Policy - CoinDesk

BoJ’s Adachi: It is too early to make changes to easy monetary policy - FXStreet

Fed's Mester doesn't speak on monetary policy - ForexLive

Monetary Policy Magnifying Economic Downturn Most In Decades - Seeking Alpha

What's Monetary About Interest Rates? - RealClearMarkets

Finance : 2023June23Friday

At Paris summit, World Bank, IMF take steps to boost crisis financing - Reuters.com

Analysis: Paris climate summit gives fresh impetus to development bank reform - Reuters

Paris climate finance summit fails to deliver debt forgiveness plan - The Guardian

Thousands of Gen Zers think finance offers the best career prospects. But most say they’ll only stay at their first job 1 or 2 years - Fortune

Rich nations pledge to unlock hundreds of billions of dollars for climate fight - Reuters.com

Paris summit on climate and finance ends without deal on global shipping tax - FRANCE 24 English

Paris summit: First step towards new global finance system? - DW

Joint Finance Committee passes contentious tax cut proposal - WKOW

La. high schoolers soon to be required to take financial literacy course before graduating - WAFB

Visa Picks Electronic Arts CFO Chris Suh as Finance Chief - The Wall Street Journal

Stock Market: 2023June23Friday

Stocks tumble on Friday, Nasdaq snaps eight-week winning streak: Live updates - CNBC

Stock Market Today: Dow, S&P 500, Nasdaq Composite Slide to End Week in the Red - Barron's

Stock Market Rally on Pause as Investors Take Cue From the Fed - The New York Times

Stock market today: Wall Street falls to close out its first losing week in the last six - The Associated Press

Global markets slide as recession fears grip investors - CNN

ChatGPT probably won’t help you beat the stock market—but it can assist investors in other ways, says CFP - CNBC

The British stock market has turned into a wasteland as pension funds recoil. Why U.S. funds may pull back, too. - MarketWatch

3 Dividend Stocks That Will Hold Up No Matter the Market Conditions - The Motley Fool

Small stocks are cheap and finally joining the market rally - CNN

Stock Market Today: Rising Recession Fears Sink Stocks - Kiplinger's Personal Finance

Currency: 2023June23Friday

A BRICS currency is unlikely to dislodge dollar any time soon – but it signifies growing challenge to established ... - The Conversation

Binance ordered to stop all digital currency services in Belgium - Reuters.com

Belgian financial regulator orders Binance to cease all virtual currency services - Cointelegraph

Money Minute: Changing the faces on American currency - CBS News

Nigeria’s President Tinubu insists that subsidy removal and unification of currency rates are the right moves - Business Insider Africa

Dollar higher on safety bid as data spurs growth worries - Reuters

Yen Slumps Broadly as Bank of Japan's Policy Diverges From Peers - Bloomberg

Powell says he expects dollar to remain global reserve currency By Reuters - Investing.com

Supporting Egypt's currency is like putting water in bucket that has holes: IMF Chief - Dailynewsegypt - Daily News Egypt

In Argentina, US dollars are so scarce that yuan use is at record high - South China Morning Post

Interest Rate: 2023June23Friday

Turkey Raises Interest Rates as Erdogan Aims to Tame Inflation - The New York Times

Turkey hikes interest rates as Erdogan stages economic U-turn - BBC

Home prices dip, Turkey's interest rate climbs, Amazon gets sued : The Indicator from Planet Money - NPR

Mortgage rates: The full pain of this chaos is yet to come - Yahoo News

Fed’s Powell Says Higher Interest Rates Needed to Curb US Inflation - Bloomberg

‘Shock and awe’ interest rate rise leaves Sunak’s cost of living pledge in tatters - The Guardian

Bank of England shocks with huge interest rate hike - Axios

Higher Interest Rates Hit Home Prices Again - The Wall Street Journal

Bank of Canada expected to raise interest rates one more time, capping at 5% - Financial Post

Oil plunges 4% as interest rate hikes outweigh lower U.S. supply - CNBC