US inflation tops forecasts for a second month Rising gasoline costs kept inflation elevated in February, underscoring that the road to more modest consumer price increases following a pandemic-induced spike may continue to be bumpy. The Numbers Rising gasoline costs and rent have kept inflation elevated in February, according to the Labor Department’s consumer price … Read more
Resilient Rebounds in Jobs Report for 2023 Introduction As inflation gathered force in 2021 and 2022, the Federal Reserve notoriously waited too long to raise interest rates, allowing consumer prices to continue to climb sharply, Fed officials now acknowledge. Now that inflation is easing, the Fed may be poised to make another blunder by moving … Read more
Generation X Leads Americans in Credit Card Debt; Other Generations Ranked According to a recent report, Generation X holds the highest credit card debt among Americans, while other generations fare better in debt management. The findings shed light on the financial situation across different age groups, highlighting the importance of addressing the debt crisis. Let’s … Read more
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Michael Jordan debuts on Forbes’ list of richest Americans Forbes’ list of the 400 richest Americans has a combined $4.5 trillion. Find out who headlines the list. What does it take to be wealthy in 2023? A million dollars in the bank? Two million? How about a salary in the high six figures? In different … Read more
Books – Ahmed Yaqoub Sunday, July 02, 2023 10:34 am Dr. Mohamed Maait, Minister of Finance, confirmed that the customs release of imported goods, goods, and products in various ports and customs outlets amounted to about $32 billion during the past five months, explaining that the priority is for basic commodities, food manufacturing components, medicines, … Read more
Books – Ahmed Yaqoub Friday, June 30, 2023 09:19 PM Hassan Abdullah, Governor of the Central Bank of Egypt, delivered Egypt’s speech during the activities of the annual session of the Executive Board of the World Food Program in Rome, which dealt with the Council’s adoption of the program’s strategic plan for Egypt for the … Read more
Books – Ahmed Yaqoub Wednesday, June 14, 2023 09:45 PM Informed banking sources told Al-Youm Al-Sabea that President Abdel-Fattah El-Sisi’s statements, today, Wednesday, that the government intervened in the exchange rate to stabilize the price of the dollar, confirms the president’s bias towards the Egyptian citizen to work to alleviate the burdens of the current … Read more
Islam Saeed Books Monday, May 22, 2023 08:35 PM We publish the latest update in gold prices In evening trading today, Monday, a gram of 21 carat gold, which is the best-selling in Egypt, recorded 2435 pounds per gram, after the return of demand to rise, specific to the precious metal in Egypt.. Gold prices … Read more
New dates releasedAt the end of March this year, the Swiss government decided that organizations, institutions and individuals had to report assets to the Russian central bank by April 12th. This data has now been published. In addition to the 7.4 billion Swiss francs (7.6 billion euros), around 7.5 billion Swiss francs come from sanctioned … Read more