ECB Expected to Slash Rates to Two-Year Low Amid Economic Concerns
The European Central Bank is expected to reduce its deposit rate from 3% to 2.75%, marking the lowest level in nearly two years, as inflation continues to moderate and economic growth remains sluggish. While inflation stands at 2.4%, above the ECB’s target, it’s projected to decrease to 2.1% this year. The eurozone faces mixed economic […]
Gold Rallies to $2,778 as Fed's Powell Signals Policy Pause
Gold prices advanced to near-record levels around $2,778 per ounce, benefiting from a 0.1% decline in the dollar following the Federal Reserve’s latest policy meeting. The precious metal’s strength comes despite Fed Chair Powell’s hawkish stance, where he emphasized the central bank won’t rush into rate cuts and needs to see further progress on inflation. […]
Visualizing How Americans Spend Their Money
Visualizing How Americans Spend Their Money Today, consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. More than ever, Americans are using debt and credit cards to fund these purchases. In the second half of 2024, household debt hit a record $17.9 trillion. At the same […]
Visualizing How Americans Spend Their Money
Visualizing How Americans Spend Their Money Today, consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. More than ever, Americans are using debt and credit cards to fund these purchases. In the second half of 2024, household debt hit a record $17.9 trillion. At the same […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights
“Potential For Collapse”: MTA Operates On “Rusty, Corroding” Infrastructure, Report Highlights MTA’s infrastructure is crumbling, despite the agency’s incessant appetite for new cash. The 110-year-old Grand Central train shed, vital for 200,000 daily riders, is in poor condition, with 95% of its support beams deemed “poor or marginal”, according to Gothamist. Built to support horse-drawn […]