Central banks should try to minimize an economic downturn if possible, but must prioritize taming inflation above any other goal, the Bank for International Settlements has urged. If they don’t bring inflation under control, they run the risk that the current sky-high rates of price rises become entrenched, according to strategists at BIS, which coordinates… Continue reading Central banks must prioritize inflation over recession in a ‘historically unprecedented’ situation, BIS urges
Exxon Mobil CEO sees oil climbing further: ‘They always say that the cure to high prices is high prices’
Exxon Mobil’s CEO thinks oil prices have room to climb higher before they push companies to invest more on increased production. Brent crude rose 1.2% to $116.42 a barrel on Tuesday and has soared nearly 50% so far this year amid resurgent demand, limited growth in output, and Russia’s war on Ukraine. “They always say… Continue reading Exxon Mobil CEO sees oil climbing further: ‘They always say that the cure to high prices is high prices’
US stocks edge higher as China softens its COVID-19 travel restrictions
US stocks moved higher on Tuesday as investors assessed the steps China was taking to ease its stringent COVID-19 restrictions. The country said it would cut in half the isolation time required by new arrivals to its country, in a sign that China is getting serious about driving a rebound in the growth of its… Continue reading US stocks edge higher as China softens its COVID-19 travel restrictions
Guide to VR: Everything You Need to Know About Headsets and Experiences
VR and the metaverse are two terms that we’ve all heard a lot about over the last year or so. The metaverse is something, but what exactly is VR? Is it really the future? While I don’t have an answer about virtual reality being a daily way of computing in the future, I do know… Continue reading Guide to VR: Everything You Need to Know About Headsets and Experiences
Oops: Peer-to-Peer Payments Go to Wrong Addresses
A whopping 84% of consumers say they’ve used a P2P service app, such as PayPal or Venmo, with the number rising among younger people. Peer-to-peer payment services, such as PayPal (PYPL) – Get PayPal Holdings Inc. Report, Venmo and CashApp are all the rage. But beware: all that glitters isn’t golden. A whopping 84% of… Continue reading Oops: Peer-to-Peer Payments Go to Wrong Addresses
Improve Your Posture With This Simple Gadget
This gadget is all about your improving health by coaching you day by day, making sure you maintain good posture at all times. 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. Remembering to be aware of your posture… Continue reading Improve Your Posture With This Simple Gadget
Housing: Still in the Dumps, Despite Rays of Light
Don’t get too excited about the housing market, despite a couple recent pieces of good news. First, pending home sales crawled 0.7% higher in May from April, after six straight monthly declines. But sales dropped 13.6% from May 2021, according to the National Association of Realtors. “Despite the small gain in pending sales from the… Continue reading Housing: Still in the Dumps, Despite Rays of Light
Get in the #Grindset With These Productivity-Boosting Essentials all Discounted on Amazon
The #Grindset has never been easier to achieve with these awesome tools and professional coaching, on sale now up to 40% off. 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. Rise up, grind up. If you know that… Continue reading Get in the #Grindset With These Productivity-Boosting Essentials all Discounted on Amazon
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