Fed

Inflation Surges Amid Iran-Israel Tensions: How Will Fed React?

New York City, United States – As tensions rise in the Middle East following Iran’s recent drone strike on Israel, financial markets are bracing for potential economic turmoil. Lawrence Summers’ prediction that the US Federal Reserve may tighten, rather than loosen, its monetary policy has gained credibility amidst the unfolding events. The prospect of soaring oil prices, currently restrained by OPEC’s production controls, has analysts forecasting a potential spike to $100 per barrel in the …

Read more

TIPPING REVOLUTION: Americans Fed Up with Excessive Tipping Requests

Murray, KY – Americans are facing a new trend of increased tipping requests, with many feeling overwhelmed by the rising trend of “tipflation.” Tipping culture has seen a significant surge, particularly since the onset of the Covid-19 pandemic, according to Professor Ismail Karabas from Murray State University. Karabas highlighted how the pandemic accelerated the shift towards digital payment systems, leading to an increase in tipping requests through point of sale devices. Companies like Square, Toast, …

Read more

Is America Becoming Nonchalant About Inflation?

During the mid-term elections, Americans were preoccupied with inflation. A Gallup poll indicated one in five respondents deemed it the nation’s most pressing issue. Fast forward to today, America’s r focus is elsewhere. Inflation currently falls behind government leadership and the “economy in general” and just ahead of immigration and firearms; only 9% of Gallup respondents now cite inflation as the most significant problem. Inflation was scarcely mentioned in the debate in Washington over raising the debt ceiling.