Russia’s ruble is at its strongest in 7 years despite massive sanctions. Here’s why

A Russian one ruble coin and a Russian flag are seen on a screen in this multiple exposure illustrative photo taken on March 8, 2022 in Kraków, Poland. Jakub Porzycki | Nurphoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up around 1.3% from the previous day and the strongest … Read more

Russia’s ruble is at its strongest in 7 years despite massive sanctions. Here’s why

A Russian one ruble coin and a Russian flag are seen on a screen in this multiple exposure illustrative photo taken on March 8, 2022 in Kraków, Poland. Jakub Porzycki | Nurphoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up around 1.3% from the previous day and the strongest … Read more

Stocks have a history of never bottoming out until the Fed eases up

In another week of whip stock trading, many investors are wondering how far markets will fall. Investors have often blamed the Federal Reserve for market falls. It turns out that the Fed has often been involved in market reversals as well. Since 1950, the S&P 500 has sold off at least 15% on 17 occasions, … Read more

Stocks have a history of never bottoming out until the Fed eases up

In another week of whip stock trading, many investors are wondering how far markets will fall. Investors have often blamed the Federal Reserve for market falls. It turns out that the Fed has often been involved in market reversals as well. Since 1950, the S&P 500 has sold off at least 15% on 17 occasions, … Read more

Stocks have a history of never bottoming out until the Fed eases up

In another week of whip stock trading, many investors are wondering how far markets will fall. Investors have often blamed the Federal Reserve for market falls. It turns out that the Fed has often been involved in market reversals as well. Since 1950, the S&P 500 has sold off at least 15% on 17 occasions, … Read more

Here are the three things the Fed did wrong and what it’s still not getting right

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen on June 14, 2022 in Washington, DC. Sarah Silbiger | Reuters After years of being a beacon for financial markets, the Federal Reserve suddenly finds itself in doubt as it attempts to navigate the economy through a nasty surge in inflation and … Read more

Here’s what the Fed rate hike means for your salary | CNN business

san francisco CNN business — American workers’ wages have risen at an all-time high since the mid-1980s. But inflation has risen so fast that workers have instead been awarded a pay cut. Every time inflation rises, it takes a bite out of workers’ wages and gnaws at their bank accounts. And this current wave of … Read more

Earnings are under threat, another blow to the flagging stock market

Stocks have fallen this year amid rising interest rates. With inflation showing little sign of slowing down, many investors are concerned that corporate earnings could be the market’s next falling mainstay. The S&P 500 is down 18% in 2022, its worst start to a year since 1962, as the Federal Reserve embarks on a rate … Read more

Stocks fall and prices skyrocket. How to protect your money | CNN business

This is an updated version of a story that previously ran on April 28th. Anyone who expected inflation to have peaked by now was in for a nasty surprise this week. The latest inflation report showed prices rose 8.6% yoy in May – the fastest rate in 40 years. Add to this falling stock prices, … Read more