The racial retirement savings gap remains wide – How these state IRA programs are working toward equity
Workers have put away $735 million in state retirement savings programs that are intended to help employees at small businesses.
Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over
Inflation in the euro zone came in at 8.5% in February, while the ECB signalled interest rate hikes could still continue.
OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger
OECD Secretary-General Mathias Cormann said the global economic outlook is looking slightly "brighter" for this year but inflation challenges remain.
Key Fed inflation measure rose 0.6% in January, more than expected
The core PCE price index was expected to increase 0.5% from a month ago and 4.4% on an annual basis, according to Dow Jones.
Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.
UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
The U.K. has thus far avoided a widely anticipated recession, and the economy may be holding up better than feared, according to veteran fund manager...
How to Build a Startup When You Have No Experience
While experience certainly doesn’t hurt, you can launch your own business even if you don’t have much of it. The key to being successful is...
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Bans and price caps targeting Russian oil are having the "intended effect" despite surprisingly resilient exports in recent months, according to the International Energy Agency.
Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% in January.