inflation

Stock Market

Dow sinks to 2022 low as recession fears roil world markets – Associated Press

Stocks fell sharply worldwide Friday on worries an already slowing global economy could fall into recession as central banks raise the pressure with additional interest rate hikes. The Dow Jones Industrial Average fell 1.6%, closing at its lowest level since late 2020. The S&P 500 fell 1.7%, close to its 2022 low set in mid-June,

Opinion

Opinion: There Is No Miracle Cure for Inflation – Inside Sources

To say that the Federal Reserve is between a rock and a hard place is an understatement. Markets want a halt to inflation, but they don’t want a full-fledged recession or sustained drop in economic activity. Households and consumers want their dollars to stretch further and not be short-circuited by price increases in things they

Inflation

Fed attacks inflation with another big hike and expects more – Associated Press

Photo: Federal Reserve Chair Jerome Powell speaks at a news conference Wednesday, Sept. 21, 2022 Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come — an aggressive pace that

Alaska

Alaskans pocket over $3,000 in annual oil-wealth payments – Associated Press

Photo: Alaska Gov. Mike Dunleavy speaks to reporters during a news conference at the state Capitol on April 28, 2022, in Juneau, Alaska Nearly every single Alaskan got a financial windfall amounting to more than $3,000 Tuesday, the day the state began distributing payments from Alaska’s investment fund that has been seeded with money from

Buz Blog

Opinion: Ignorance Breeds Tyranny – Buz Williams

Image courtesy of DepositPhotos “A nation of well informed men who have been taught to know and prize the rights which God has given them cannot be enslaved. It is in the region of ignorance that tyranny begins.” – Benjamin Franklin It is important if citizens are going to vote, that they educate themselves on

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