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Turkey’s Lira Falls to New Low as a New Economic Policy Forms
Posted inCurrency Economic Conditions and Trends Erdogan, Recep Tayyip Inflation (Economics) Interest Rates Turkey

Turkey’s Lira Falls to New Low as a New Economic Policy Forms

The lira plunged 7 percent against the U.S. dollar, as a newly appointed finance minister promising “rational” economic policy takes charge.
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Posted by By Patricia Cohen
The High Cost of Bad Credit
Posted inBlack People Credit and Debt Credit Cards Credit Scores Equifax Inc Experian PLC Houston (Tex) Interest Rates Personal Finances Prices (Fares, Fees and Rates) Real Estate and Housing (Residential)

The High Cost of Bad Credit

Desperate to improve their ratings, Americans now spend billions on “credit repair” — but the industry often can’t deliver on its promises.
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Posted by By Mya Frazier
World Bank Projects Weak Global Growth Amid Rising Interest Rates
Posted inBanking and Financial Institutions China Coronavirus (2019-nCoV) Credit and Debt Developing Countries Economic Conditions and Trends Europe Inflation (Economics) Interest Rates International Trade and World Market Poverty Recession and Depression United States United States Economy World Bank

World Bank Projects Weak Global Growth Amid Rising Interest Rates

A new report projects that economic growth will slow this year and remain weak in 2024.
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Posted by By Alan Rappeport
U.S. Job Growth Remains Strong Despite Economic Clouds
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Unemployment United States Economy Wages and Salaries

U.S. Job Growth Remains Strong Despite Economic Clouds

Employers added 339,000 workers in May, the Labor Department said, though the report also offered signs of shakiness.
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Posted by By Sydney Ember

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