Federal Reserve

Business

S&P 500 Closes Out Worst Month Since Start of Pandemic

American Faith -
The S&P 500 just ended its worst month since March 2020 as investors fret about coming interest rate hikes and uncertainty over the situation in Ukraine.
Business

Biden Economy: Inflation Rose 5.8% In 2021—Most in 39 Years

American Faith -
Prices metric tracked by Federal Reserve rose 5.8% last year, sharpest increase since 1982.
Business

U.S. Trade Deficit Hits Historic $1 Trillion Under Biden Economy

American Faith -
U.S. trade deficit in goods surges to record high.
Opinion

America’s Most Dangerous Unknown Man

American Faith -
The US Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term.
Business

The Federal Reserve Moves Forward With Digital Currency Initiative

American Faith -
Physical currency may soon become a thing of the past as the United States Federal Reserve takes the next step in completely digitizing the dollar.
Business

286,000 New Jobless Claims in Biden Economy as of Jan 15

American Faith -
Unemployment claims jumping for the third week in a row this month under Biden admin.
Politics

Fauci’s Financial Disclosures Made Public by Senator

American Faith -
Dr. Anthony Fauci’s two most recent financial disclosures have been made available for public perusal by a senator.
Politics

U.S. Inflation Spiked 7% In Past Year, Most Since 1982

American Faith -
Biden's economy sees inflation jump at its fastest pace in nearly 40 years, up 7% from a year earlier.
Business

Evergrande Crisis Highlights Vulnerabilities in China’s Economy

American Faith -
There are systemic flaws in China’s “State-Capitalism” model.
Business

Economy at Tipping Point

American Faith -
It had to happen.
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