The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks.Growth is clearly slowing. Obviously the U. S. has passed the peak growth rate, but it’s a relatively graduate slowdown. A number of economists have cut their 2021 GDP growth …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current energy crisis and provided anticipation for a number of developments over the course of the week across global markets. Energy CrisisHashad pointed out that an energy crisis obviously exists across several …

The U. S. economy faces some problems. A pandemic is barrier, but has not developed into a financial crisis yet because it has not damaged credit markets or household balance sheets, as the housing bubble of the early 2000s did. Instead, the pandemic caused a sharp, brief recession.Today, the unemployment …

The head of the ECB banking supervision, Andrea Enria said there has been “an increase in vulnerabilities” in some countries’ residential real estate and an increase in cheap loans, have overheated the real estate market in many places, leading to an increased risk of a bubble.The European Central Bank has …

Baker Hughes data on Friday reported that the number of active U.S. rigs drilling for oil climbed by 12 to 445 this week. This data followed increases throughout the last five weeks.Active U.S. rig count, including natural gas ones, climbed by 10 to stand at a total of 543 according …

Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by anticipated supply deficit in the next few winter months as the easing of coronavirus-related travel restrictions leads demand surge.Brent crude futures settled up 86 cents, or 1%, at$84.86 a barrel. Front-month prices, which touched their …

The Commodity Futures Trading Commission ordered Tether, Friday, to pay a $41 million fine for “making misleading statements and omissions of material fact in connection with the U.S. dollar tether token (USDT) stablecoin.”This case highlights the expectation of honesty and transparency in the rapidly growing and developing digital assets marketplace.Stablecoins …

Earnings could decide mid-October market status, as dozens of companies will report their financial statements next week.The companies reporting next week will include Tesla and Netflix in addition to blue chips Procter & Gamble, Johnson & Johnson, American Express, Intel and Honeywell.The nervous trading pattern of October has shaken U. …

U. S. Shares closed higher again on Wall Street Friday, giving the S&P 500 its best week since July. The benchmark index added 0.7% and ended the week up 1.8%. Encouraging reports on the economy and corporate earnings helped the market keep steady following unstable weeks.J.B. Hunt Transport Services, Goldman …

Wall Street banks have been among the biggest beneficiaries of the pandemic-era trading, fueled by the Federal Reserve’s massive injection of cash into the markets.The central bank is nearing the time to wind down its asset purchases, tapering, as banks are getting ready to profit again as increased volatility encourages …