According to the World Bank’s latest Global Economic Prospects report, worldwide growth is expected slow down even more than previously thought. The report has global economic growth at 2.9% in 2022, down from the 5.7% growth seen in 2021 as well as the 4.1% growth predicted for 2022 back in January. “The war in Ukraine,…

The Federal Reserve is formulating its plan to fight crippling inflation this week, and the uncertainty has the stock market going haywire. The board is meeting Tuesday and Wednesday to determine when to start hiking the central bank’s benchmark interest rate, which has been near-zero since the start of the pandemic. Many firms anticipate the Fed may…