How it all started The Federal Reserve just delivered the largest interest-rate increase in over 20 years. This increase, the most aggressive action to take place is an effort to try and slow the growing inflation. Back in 2020, the start of the pandemic pushed the Fed to lower rates to basically zero, making it […]
Read MoreWhat is the 2022 forecast for oil prices?
As our global economy recovers from the pandemic, energy prices increase as we continue to see inflation throughout the world. Two things that can affect whether prices at the gas pumps continue to increase are OPEC+ and U.S. shale outputs. With people resuming road and air travel, the global oil demand has almost rebounded to […]
Read MoreUnited States Begins to Issue COVID-19 Vaccines to High-Risk Health Care Workers
On December 14, 2020 the first batch of COVID-19 vaccines were administered across the United States after months of hearing positive trial results. Sandra Lindsay, a nurse in the intensive care unit at Long Island Jewish Medical Center, was the first person to receive the vaccine outside the trial phase. Lindsay’s vaccination was televised in […]
Read MoreEconomic Outlook for Holidays
The number of coronavirus cases continue to rise across the country and many major cities and states begin to consider large scale lockdowns. Despite this, many goods are continuing to fill warehouses, along with shelves being restocked at many retailers in preparation for the 2020 holiday season. According to CNBC, “The National Retail Federation said […]
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