The Fed Raised Interest Rates By Historical Numbers: How You Can Combat Surging Inflation
The Federal Reserve and its Chair, Jerome Powell, raised interest rates by three-quarters of a percentage point on Wednesday, June 15th, 2022. The raise is the highest of its kind in nearly 30 years. Desperate times call for desperate measures, and The Fed is no exception, as it attempts to regain control amidst the chaos. […]
For Banks, a Faster Fed Isn’t Better
Lenders benefit from rising rates, but the downsides are more acute when they rise very quickly.Read More
Ferrari Needs to Bring Supercar Pep to EVs
The question of properly differentiating its electric vehicle is all-important for Ferrari, and it went to lengths to persuade investors that it has the answersRead More
Neo NXT Launched by Mashreq to Help 12-18 Year Olds With Financial Responsibility
Mashreq has launched Neo NXT, a digital banking proposition for Generation NXT. Residents in the UAE, who are parents of 12–18-year-olds, will be able to empower the next generation with Neo NXT – a smart digital banking proposition. The bank account will offer Generation NXT independence over their spending, provide access to a debit card, […]
Mastercard Opens New EziPay-Backed Payment Gateway Service in the Middle East and Africa
Mastercard‘s new virtual payment solution, which is linked to the EziPay e-wallet, is set to open a payment gateway service for consumers and merchants in the Middle East and Africa (MEA) region to perform global digital transactions and connect with brands and businesses around the world. Mastercard has reinforced its collaboration with fintech operators by […]
‘Testy exchange’: CNN reporter challenges Russian official on Putin’s message
CNN’s Fred Pleitgen questions a Russian official on whether President Vladimir Putin likening his Ukraine strategy to that of Peter the Great is an admission of breaching international law. Read More
US has been in talks with Ukraine about ‘negotiated outcome’
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Jan. 6 committee chair: ‘It’s time’ to talk to wife of Supreme Court Justice Clarence Thomas
The House select committee investigating the January 6, 2021, US Capitol attack is in possession of email correspondence between conservative attorney John Eastman and Virginia “Ginni” Thomas, a conservative activist who’s the wife of Supreme Court Justice Clarence Thomas, a source familiar with the committee’s investigation told CNN. Read More
Today’s hearing will focus on Trump’s pressure on Pence. Two of Pence’s advisers will appear as witnesses.
What to watch for during today’s hearing Read More
Don’t Let Bill Barr and Ivanka Trump Visit the Reputation Laundromat
Trump’s enablers are trying to use the Jan. 6 committee to wash themselves clean.Read More
