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The surge in prices has made it increasingly challenging for people to save, with the personal saving rate hitting its lowest point in 15 years.
Credit card debt has skyrocketed.
Rent is more expensive than ever compared to disposable income.
Household savings have plummeted twice as much as in the Great Recession.
Permanent job losses are rising aggressively.
GNI has increased $800 billion YoY while Total Public Debt has increased 2 tri...
Credit card debt has skyrocketed.
Rent is more expensive than ever compared to disposable income.
Household savings have plummeted twice as much as in the Great Recession.
Permanent job losses are rising aggressively.
GNI has increased $800 billion YoY while Total Public Debt has increased 2 tri...
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Russia’s war with Ukraine, coupled with the conflict in the Middle East, has led to a dual impact on the global economy. The World Bank believes that if geopolitical conflicts in the Middle East do not escalate, oil prices are expected to fall to an average of $81 per barrel in 2024; otherwise, prices may continue to rise. The previous highest oil price was $147.5 per barrel in July 2008.
Crude oil, referred to as the "mother of all commoditie...
Crude oil, referred to as the "mother of all commoditie...
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Weekly Buzz: Stocks rebound, bonds tank, and the Fed stayed put
U.S. Stocks traded higher Friday after a weaker-than-expected Octobe...
Make Your Choice
Weekly Buzz: Stocks rebound, bonds tank, and the Fed stayed put
U.S. Stocks traded higher Friday after a weaker-than-expected Octobe...
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