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While the Fed may pull back on the interest rate hikes at its meeting in September, several officials have made it clear that the central bank is far from done in its drive to ensure that a wages movement by the working class in response to price hikes is suppressed.
The late-nineties U.S. “tech” Bubble was financed, at the margin, by high-yield debt (telecom, in particular), speculative hedge fund levered finance, and GSE liquidity. Read more.
Trapped in a web of unpredictable and chaotic lockdown rules, many Chinese are now dreaming of a permanent escape.
Before the May 24 meeting of the Fort Payne Board of Education began, superintendent Brian Jett handed out awards to teachers, aides and staff for their exemplary work throughout the
China's Covid Zero approach has forced major hubs like Shanghai to shut down