The Fed’s aggressive rate-hike cycle risks pushing the US economy into a recession, Senator Elizabeth Warren said Wednesday. Before the Fed’s latest increase, she told CNBC the fast pace of tightening won’t control some of the factors contributing to elevated inflation. The Federal Open Market Committee on Wednesday raised rates by another 75 basis points,… Continue reading Elizabeth Warren warns that the US will suffer a devastating recession if the Fed doesn’t ease rate hikes
US crude-oil exports hit a record high last week as the West scrambles to fill the hole in Russian supply
US crude oil exports hit a record high last week, as the West scrambles to find alternatives to Russian supplies. Exports totaled 4.55 million barrels a day, up 21% from the prior week, according to the Energy Information Administration. The combined exports of crude and oil products also rose to a new all-time high, surging… Continue reading US crude-oil exports hit a record high last week as the West scrambles to fill the hole in Russian supply
The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs, report says
Brian Evans oris Johnson, Prime Minister of the United Kingdom, (front l-r) Joe Biden, President of the United States, and German Chancellor Olaf Scholz (SPD) , behind (l-r) Fumio Kishida, Prime Minister of Japan, Ursula von der Leyen, President of the European Commission (EU), Charles Michel, President of the European Council, Mario Draghi, Prime Minister… Continue reading The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs, report says
Germany just approved a $180 billion fund designed to reduce the nation’s reliance on Russian energy supply
Germany’s cabinet backed a plan on Wednesday for a $180 billion fund to bolster energy efficiency. The funding comes as Germany and other EU countries look to cut their reliance on Russian energy. Funding will go in part toward energy-efficiency renovations for existing buildings, but EV subsidies will end. Loading Something is loading. Germany’s cabinet… Continue reading Germany just approved a $180 billion fund designed to reduce the nation’s reliance on Russian energy supply
Amazon is Discounting This Set of Outdoor Security Cameras
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. If you’ve been looking for greater peace of mind at home, then now is your chance to do just that with this two-pack of outdoor ready security cameras that’s $80… Continue reading Amazon is Discounting This Set of Outdoor Security Cameras
California Has a Key Problem in Common with Texas and Florida
Home rental prices have soared in the past 18 months, just like home-purchase prices. Rental information service Zumper’s National Rent Index hit a record high in July. The median one-bedroom rent totaled $1,450 in the month, up 2% from June and 11.3% a year earlier. The two-bedroom median rent hit $1,750 in July, also up… Continue reading California Has a Key Problem in Common with Texas and Florida
10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals
1. Learn about the 14-day ruleTax laws are full of exceptions, but the 14-day rule—sometimes called the “Masters exception” because of its popularity in Georgia during the annual Masters golf tournament—is the most important for anyone considering renting out a vacation home. Under this rule, you don’t pay tax on income you earn from the… Continue reading 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals
The Cities With the Weakest and Strongest Recovery After Two Years of Pandemic
When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic indicators, some cities are rebounding, and others are not. When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic… Continue reading The Cities With the Weakest and Strongest Recovery After Two Years of Pandemic
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