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Getty Images The Atlantic Hurricane season starts on June 1st, and it’s forecast to be rough. A record number of strong storms could form with a shift from El Niño to La Niña this summer and unusually warm waters churning in the Atlantic Ocean. There’s an 85 percent chance of an “above normal” season, according to the National Oceanic…

The bad news on inflation just keeps coming. At more than 9% year on year across the rich world, it has not been this high since the 1980s—and there have never been so many “inflation surprises”, w…

German industry is bracing for a tougher 2022 as lockdowns in China and the war in Ukraine compound ongoing supply chain problems, leading two associations to downgrade their forecasts for the year…

Yesterday, 462 flights within, into or out of the U.S. were cancelled and 6,623 were delayed, according to FlightAware, an app that provides real-time, historical, and predictive flight tracking da…

Inflation is worrying chief executives globally, according to a survey released Thursday by the Conference Board, a business research group, and data shared by the U.S. Bureau of Labor Statistics on Thursday backs their concerns.

The Securities and Exchange Commission on Monday issued new guidance on how companies should recognize and disclose compensation costs associated with spring-loaded awards, which are stock options …

Former Federal Reserve Bank of Dallas Advisor Michelle DiMartino Booth argues against the notion of raising taxes when ‘headed into a recession.’ JPMorgan Chase CEO Jamie Dimon warned o…

Bitcoin and cryptocurrency prices have struggled this year, with the Federal Reserve’s plan to raise rates and potentially trim its balance sheet spooking investors. The bitcoin price has los…

The number of new unemployment claims unexpectedly jumped for the second week in a row this month, despite a steep drop in the overall number of Americans receiving unemployment benefits just one week earlier—a concerning sign for the labor market recovery after experts warned a record surge in coronavirus cases—spurred by the rapidly spreading omicron variant—could slow the economic recovery.

ed In 2021

Popular stay-at-home stocks like Peloton and Zoom, which surged during the height of pandemic lockdowns in 2020, have taken a beating this year as investors increasingly focus on companies that will benefit from the economy reopening and consumers returning to in-person activities.

The IMF, a grouping made up of 190 member states, promotes international financial stability and monetary cooperation. It also acts as a lender of last resort for countries in financial crisis. In …