The price of oil rose markedly, reaching its highest level in three months and crossing a critical technical threshold. This upward movement can be attributed to signs of a tight oil market, which outweighed the potential impact of the U.S.…
A stunning transformation has been observed in the American labor market following the Covid-19 pandemic. The initial shock and subsequent acceleration of preexisting trends have reconfiguration the connections between individuals engaged in labor and their employed entities. They have shown…
The rise in wheat prices on international markets occurred shortly after Russia withdrew from an agreement ensuring the safe transportation of grain ships through the Black Sea. This event reignited concerns about its impact on economically disadvantaged countries dependent on…
Stocks in the U.S. are on an upward trajectory, with second-quarter corporate earnings so far showing strong performance. There is optimism among investors on Wall Street. In the far-flung land known as Silicon Valley, the current circumstances do not evoke…
More than 230 respected economists and prominent policymakers have jointly called on the United Nations and the World Bank to intensify efforts to address the ever-widening inequality between the well-off and the disadvantaged globally. This urgent problem, which many Governments…
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Peter Bergman (MoneyAmped.com)