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2023 to be tougher for global economy than 2022, IMF chief says | Business and Economy

IMF Managing Director Kristalina Georgieva says one-third of world’s economies expected to be in recession this year. This year will be tougher than 2022 for most of the global economy as the United States, European Union and China see slowing growth, the head of the International Monetary Fund (IMF) has warned. IMF Managing Director Kristalina […]

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S&P 500 closes out dismal year with worst loss since 2008 | Business

Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 since 2008. The benchmark index finished with a loss of 19.4% for 2022, or 18.1%, including dividends. It’s just its third annual decline since the financial crisis 14 years ago […]

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After whopper of a stock market year, what should people do with their retirement accounts?

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Recession will hit a third of the world this year, IMF chief warns

A third of the global economy will be hit by recession this year, the head of the IMF has said, as she warned that the world faces a “tougher” year in 2023 than the previous 12 months. The US, European Union and China are all slowing simultaneously, Kristalina Georgieva, IMF managing director, said. “We expect […]

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Business Digest: Physician retiring after 40 years | Local

A longtime Quitman physician who broke barriers is retiring after 40 years. Dr. Beverly Waddleton retires Jan. 1. “It has been a very rewarding 40 years,” she said. “I look back now and some of the things I did seem almost surreal now.” Waddleton said the desire to become a physician struck her the summer […]

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Relief checks live updates: COLA 2023, mortgages, social security payments, housing market, disability – AS USA

Relief checks live updates: COLA 2023, mortgages, social security payments, housing market, disability  AS USA Read the full article…

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China to boost spending in 2023 economic revival drive: NDRC – South China Morning Post

China to boost spending in 2023 economic revival drive: NDRC  South China Morning Post Read the full article…

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WATCH: Former DHS official says if Biden wanted to fix border, ‘it’s not that hard’

President Joe Biden has shown frustration behind closed doors at the southern border crisis, but he could easily solve the problem if he desired, said a former Department of Homeland Security official. “He’s the commander in chief. If he wants to fix this problem, it’s not that hard to do,” Ron Vitiello, the acting director […]

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Update on Short Interest in First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR)

During December, the number of short positions in First Trust NASDAQ Cybersecurity ETF (NASDAQ: CIBR) dropped dramatically. Compared to the total number of 880,200 shares that were available for a short sale on November 30, a total of 684,900 shares were available for a short sale as of December 15. This represents a decrease of […]

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Pakistan should revisit its geopolitical, economic framework: speakers – Newspaper

RAWALPINDI: Speakers at a webinar on Saturday said Pakistan should revisit its geopolitical strategic and economic framework in the context of the changing landscape of the world, especially of the Asia-Pacific region. The country is being surrounded by many severe security and economic challenges. Meanwhile, political instability is playing an enemy within economic growth, foreign […]

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