It’s all but certain the U.S Federal Reserve is going to raise interest rates. The forecast for the world economy is much foggier. And the debate among the financial community is not, ‘Will rates go up in calendar year 2022, will they go up four times? Will they go up six times? Will they go…

Global stock markets surged Tuesday after Russia’s Defense Ministry claimed some of its troops are retreating from the Ukrainian border following military drills and returning to base. Dow futures jumped more than 300 points Tuesday morning on the news a day after markets flinched at the possibility of war. Commodities — which have been rising amid…

House Speaker Nancy Pelosi (D-CA) is working with the House Administration Committee on a plan to ban members of Congress from making stock trades. The move from Pelosi signals a change in her view on this issue. “If that’s what the members want to do, then that’s what we will do,” Pelosi told reporters on…

The United States added 467,000 new jobs in January, according to the most recent jobs report from the Department of Labor. The report also found the unemployment rate rose slightly to 4 percent. “Our country is taking everything that COVID has to throw at us to come back stronger,” President Biden said. “America is back…

The White House is bracing for a bad January jobs report, repeatedly tamping down expectations ahead of Friday’s release. Officials warn Omicron will likely skew hiring results since nearly 9 million people called out sick the week the data was collected, according to a Census survey. The reference week for January’s jobs report was taken Jan.…

Can you imagine how difficult the past two years would have been without the hard-working members of the service industry? I can’t. If those people hadn’t reported for duty to make deliveries, stock grocery shelves, and maintain the trains, trucks, and planes that our economy relies on so heavily, the pandemic would have been exponentially…

Tension continues to build between Russia and Ukraine, as more than 100,000 Russian troops have amassed along the Ukrainian border. Meanwhile, the United States and NATO are also working to prevent a Russian invasion, threatening ‘swift and severe action’ if Russia acts. America has started sending military aid to Ukraine while threatening sanctions against Russia. The White…

The Congressional Progressive Caucus has set a new deadline for passing President Biden’s Build Back Better Bill. “We are calling for President Biden and Senate Democrats to pass the Build Back Better Act by March 1, so the President can use the power of the State of the Union platform to share with the nation the…

With multiple bills from both chambers and both parties, the calls to limit or ban members of Congress from trading stocks while in office are gaining support. There are three bills addressing the issue: one from Senator Josh Hawley (R-MO), another from Senators Mark Kelly (D-AZ) and Jon Ossoff (D-GA), and a third from House…

For the first time since the start of the pandemic, the Federal Reserve said it’ll soon be ready to raise its benchmark interest rate, which has been sitting near-zero for nearly two years. When that happens, it’ll be the first rate increase since 2018. The news broke Wednesday afternoon after the committee’s 2-day policy meeting.…