Monthly Archives: July 2022

Global stocks slip as investors mull red-hot inflation and supersized central bank rate hikes

Investors are worrying about aggressive interest rate hikes and inflation, which just surged to a four-decade high. Spencer Platt/Getty Images US stock futures fell Thursday with investors fretting about a fresh batch of worrying economic data. Wednesday’s CPI data showed that prices are still soaring, with inflation at a 40-year high of 9.1%. Central banks…

Trump’s inner circle is already preparing for Mark Meadows to meet his downfall over the January 6 proceedings: report

Former White House Chief of Staff Mark Meadows has refused to appear before the January 6 panel probing the Capitol riot. ANDREW CABALLERO-REYNOLDS/AFP via Getty Images Trump’s lawyers believe Mark Meadows will be a fall guy for January 6, Rolling Stone reported. They’re already strategizing how to deal with his downfall, per the outlet. Meanwhile,…