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All that glitters won’t be sold: G-7 bans Russian gold

The ban is the latest effort to undercut Russia’s economy in response to the war in Ukraine. Source: https://www.politico.eu/article/all-that-glitters-wont-be-sold-g7-bans-russian-gold/ Droolin’ Dog sniffed out this story…

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Posted in ! #Headlines #Banking #BusinessNews #Economy #Government #Money #Newsfeed #Political inflation

Fed set for largest rate hike in decades

The Federal Reserve is expected to announce the biggest interest rate hike since 1994 on Wednesday after an alarming inflation report and a stock market…

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Cannabis crime wave boosts banking prospects on Capitol Hill

Jordan Brown, a 29-year-old budtender, was shot and killed on March 19 during his shift at World of Weed in Tacoma, Wash. Joshua Chase, owner…

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Fed raises rates half a percentage point

The Federal Reserve enacted its steepest interest rate increase in more than 20 years Wednesday and indicated more monetary tightening is on the way, as…

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Posted in ! #Headlines #Axios #Banking #Economy #Government #Newsfeed inflation

The Fed gets serious about tighter money

The Federal Reserve’s policy announcement this afternoon will feel like something new. It will include the first in-person news conference in more than two years,…

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Argentina’s Senate approves IMF deal, avoiding default

The agreement restructures $45bn debt, postponing repayment until 2026; critics fear the deal will hurt the poor. Source: https://www.aljazeera.com/news/2022/3/18/argentinas-senate-approves-imf-deal-avoiding-default Droolin’ Dog sniffed out this story…

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States are flush with marijuana money and fighting over what to do with it

Activists and politicians are sparring over whether marijuana cash should go to communities targeted by drug arrests. Source: https://www.nbcnews.com/news/us-news/states-flush-marijuana-money-are-now-fighting-over-what-do-n1291970 Droolin’ Dog sniffed out this story…

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US Fed set to raise interest rates for first time since 2018 amid soaring inflation

Federal Reserve expected to follow other central banks and raise rates by a quarter percentage point The Federal Reserve is expected to raise interest rates…

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Federal Reserve likely to raise interest rates this week

The Federal Reserve’s policy committee meets this week and will almost certainly raise interest rates by a quarter of a percentage point. It will be…

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How to Cancel Your Subscriptions on PayPal

If you no longer wish to use a service you subscribed to, PayPal makes it easy to cancel your automatic subscription payments. Here’s how to…

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Posted in ! #Headlines #Banking #BusinessNews #Economy #Money #Newsfeed #Politics inflation

Consumer prices rose 7.9 percent in February

Inflation kept up its blistering pace in February, and economists say Russia’s invasion of Ukraine is triggering even steeper price increases this month. Source: https://www.nbcnews.com/business/business-news/inflation-numbers-february-consumer-price-index-rcna19397…

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Poll: Nearly 70 Percent of Americans Want Congress to Allow Licensed Cannabis Businesses Access to Banking Services

Sixty-eight percent of Americans say that Congress should pass legislation so that marijuana businesses can “access banking services and products in states” where it is…

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Dow falls 600 points as market sell-off continues

Stocks fell Monday, following four straight weeks of declines, as investors grew more concerned higher energy prices stemming from the Russia-Ukraine war. Source: https://www.nbcnews.com/business/markets/dow-falls-as-market-sell-off-continues-rcna19031 Droolin’…

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What the U.S. learned from the last time it sanctioned Russia

The last time Russian President Vladimir Putin sent troops into Ukraine, U.S. sanctions tipped the Russian economy into recession. This time, the Americans and their…

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Fed chair Powell faces a fraught moment

Federal Reserve chair Jerome Powell begins two days of testimony on Capitol Hill Wednesday morning. It will be, in a word, fraught. Driving the news:…

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Oil and gold prices jump, Russian central bank hikes rates as rouble plummets – business live

Markets respond to wider sanctions on Russia for its invasion of Ukraine UK crisis live blog Neil Shearing, group chief economist at Capital Economics, is…

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U.S. cuts off Russia central bank from dollar access

Russia’s central bank will be prohibited from undertaking transactions in dollars under a new concerted effort by the United States and its allies, a move…

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Russia’s central bank doubles interest rates after rouble plunges

Country’s economy faces fallout from international sanctions prompted by invasion of Ukraine Russia-Ukraine crisis: live news Russia’s central bank has more than doubled interest rates…

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The West finally throws a punch in its face-off with Russia

The gloves are off, at least for now. After months of making careful, measured moves that failed to persuade Russia to halt plans to invade…

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World Bank president warns of global financial consequences from Russia’s invasion of Ukraine

President of the World Bank David Malpass warned on Sunday that Russia’s invasion of Ukraine will have dire financial implications for the entire global economy, including…

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Russian banks excluded from Swift: what we know so far

West agrees to bar major Russian banks from international payments system as Russia attacks oil facilities in Kharkiv and south-west of Kyiv Ukraine Russia news:…

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US inflation is at a 40-year high. Russia’s war will only make it worse

Biden’s green energy plan could be derailed since Russia mines and produces a significant amount of key metals “I will not pretend this will be…

Continue Reading... US inflation is at a 40-year high. Russia’s war will only make it worse