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Headlines from Across the MAP Aug 05, 2022

Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic crisis.

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Headlines from Across the MAP Jul 28, 2022

As you may have heard, the US inflation rate is 9.1%. That is, the consumer price index for all items as estimated for June by the Bureau of Labor Statistics was 9.1% higher than it was a year earlier.

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Headlines from Across the MAP Jul 21, 2022

More Americans are relocating to Europe, driven across the Atlantic by the rising cost of living, inflated house prices, a surging dollar and political rancor at home.

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Headlines from Across the MAP Jul 14, 2022

Despite doling out nearly $1 trillion in stimulus payments during the pandemic, government aid had virtually no long-term impact on the financial well-being of recipients, and in some cases it amplified feelings of economic distress surrounding money, Bloomberg reports, citing a new...

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Headlines from Across the MAP Jul 07, 2022

The U.S. economy has experienced 12 recessions since World War II, and each one included two features: Economic output contracted and unemployment rose. Today, something highly unusual is happening. Economic output fell in the first quarter and signs suggest it did so again in the second. Yet the...

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Headlines from Across the MAP Jun 23, 2022

More than a third of high-earning American workers feel strapped for cash — a share that has risen dramatically in recent years. Thirty-six percent of U.S. employees with salaries of $100,000 or more are living paycheck to paycheck — twice as many who said they were in 2019, according...

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Headlines from Across the MAP Jun 16, 2022

The Federal Reserve’s bid to contain the hottest inflation in decades will end in a recession. That’s the message the bond market is telegraphing.

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Headlines from Across the MAP Jun 09, 2022

In the latest monthly performance review note from Deutsche Bank, strategist Henry Allen writes that after a very poor start to the year, May marked the first time so far in 2022 that a majority of the non-currency assets in the bank's main sample were in positive territory (if not by much).

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Headlines from Across the MAP Jun 02, 2022

Pools, restaurants and camps cut operations even though demand is back. Labor costs are higher and so are prices. ‘What, no one is applying?’

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Headlines from Across the MAP May 26, 2022

Before the pandemic, Dani Gantcher earned about $15 an hour babysitting in her hometown of Scarsdale, N.Y. Parents sometimes asked her to wash dishes or stay late. Now, the 18-year-old is raking in $25 to $30 an hour. Moms and dads are asking a lot less from her. And they treat her like a VIP.

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Headlines from Across the MAP May 19, 2022

Americans continue to feel the sting of inflation. Consumer prices rose 8.3% in April from a year ago. As a result, U.S. households are spending an additional $341 a month to purchase the same goods and services compared to a year ago due to inflation above typical inflation of 2%, according to...

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Headlines from Across the MAP May 12, 2022

Millions of older Americans stopped working during the pandemic, far more than usual, stoking fears that the workforce had been permanently altered, but the country is close to closing the gap in early retirements, according to new data.

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