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Fed Likely to Hike Rates by 75 bps in September
The recent announcement of inflation data in the United States has sent shockwaves through global markets once again. The Consumer Price Index (CPI) for August rose by 8.3%, while the core CPI increas...
Fed to Halt Rate Increases at 4%
On a Wednesday in September 2023, the Federal Open Market Committee (FOMC) announced a significant increase in monetary policy, raising interest rates by 75 basis points, bringing them to a range betw...
Apple's Electric Vehicle Project Comes to a Halt
In a surprising turn of events, Apple's dreams of revolutionizing the automobile industry through autonomous vehicles have officially come to a close. The California Department of Motor Vehicles (DMV)...