Page 44 - Michael Gapen News Today

Companies that spend on technology during downturns historically outperform in recoveries. Covid accelerated spending, but the long-term trend won’t change.

Central banks globally have been accumulating gold reserves at a furious pace last seen 55 years ago when the U.S. dollar was still backed by gold. According to the World Gold Council (WGC), central banks bought a record 399 tonnes of gold worth...

Central banks globally have been accumulating gold reserves at a furious pace last seen 55 years ago when the U.S. dollar was still backed by gold

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Fed officials agreed Wednesday to lift the benchmark federal-funds rate by three-quarters of a percentage point to a range between 3.75 and four percent. | Economy

The Fed remains set on beating inflation and could raise rates to an even higher-than-expected level, though it may reduce the size of its hikes.

The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December.

The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December.

US commerce department says gross domestic product, adjusted for inflation, rose 0.6 per cent in third quarter, a 2.6 per cent annual rate of growth

Here’s what you need to know.