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Fed's Schmid warns against viewing oil shock as transitory - AOL
3+ hour ago (428+ words) NEW YORK, May 29 (Reuters) - Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Friday that already-hot levels of inflation make it harder to "assume the current energy shock will have only a temporary impact on pricing and can…...
Bitcoin's May 2026 Reckoning, Beneath the $73 K Surface
16+ min ago (477+ words) Bitcoin struggles below $77 K resistance as institutional flows, technical weakness, and market uncertainty shape its May 2026 outlook. Bitcoin is currently trading around $73, 423, demonstrating a slightly resilient performance on a 24-hour basis (+0. 9%), even if its weekly performance has been negative by…...
Middle East war could reverse progress of Africa's trade finance - report
3+ hour, 39+ min ago (28+ words) | The New Times The New Times Middle East war could reverse progress of Africa's trade finance - report...
These cities are seeing the largest jump in auto loan debt'see the list
1+ hour, 12+ min ago (369+ words) Americans collectively carry approximately $1. 7 trillion in auto loan debt, with the average household owing nearly $14, 000, according to a new Wallet Hub analysis of consumer debt trends. As interest rates have risen sharply in recent years, the cost of financing vehicles…...
How many homes are getting built in Chattanooga in 2026? - AOL
3+ week, 6+ day ago (140+ words) How many homes are being built in Chattanooga, TN? January " Building permits: 212 | Permits per 10k population: 3. 8 February " Building permits: 224 | Permits per 10k population: 4. 0 March " Building permits: 301 | Permits per 10k population: 5. 4 April " Building permits: 284 | Permits per 10k population: 5. 1 May " Building permits: 260 | Permits per 10k population: 4. 6 June…...
Economists see strong GDP at the beginning of the year, but differ on the pace
26+ min ago (531+ words) Experts say that activity was above expectations in the 1st quarter; some credit performance to the government's benefits package The 1. 1% growth in GDP (Gross Domestic Product) in the 1st quarter of 2026 consolidated among economists the assessment that Brazilian activity started the year…...
Iceland Finance Ministry says costs of own currency outweigh benefits
23+ min ago (357+ words) A government-commissioned report finds the kr'na fuels high inflation and elevated borrowing costs, reviving debates about euro adoption that have simmered since the 2008 financial crisis. Iceland's Finance Ministry has concluded that maintaining the kr'na as the nation's currency costs more…...
Bessent says he had breakfast with Fed's Warsh on Thursday
59+ min ago (97+ words) WASHINGTON, May 28 (Reuters) - U. S. "Treasury Secretary Scott Bessent said he had breakfast with new "Federal Reserve "chair Kevin Warsh on Thursday. Asked "by a reporter "at a White "House briefing if he pressed Warsh to lower interest "rates, Bessent instead "responded…...
Minister pushes multi-business forestry to support productive forests
8+ hour, 2+ min ago (59+ words) ANTARA News Minister pushes multi-business forestry to support productive forests Forestry Minister Raja Juli Antoni attends the 21st United Nations Forum on Forests in New York, the United States, on Monday (May 11, 2026). /ANTARA/HO-Forestry Ministry. Unduh Mobile Apps untuk i OS…...
Facing financial pressures, some retirees are going back to work
44+ min ago (211+ words) Anna Romero shares her financial struggles and how she ended up back on the job hunt. More than a third of Americans don't think they'll have enough saved for retirement. That's according to the Employee Benefit Research Institute and Greenwald…...