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Stocks brace for another historic rate hike | CNN Business

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The Federal Reserve is expected to make history yet again on Wednesday, approving a fourth-straight rate hike of three-quarters of a percentage point Live updates:

and strong wage gains. Along those lines, ADP said Wednesday that annual pay was up 7.7% over the past 12 months, down slightly from the previous month.on Friday, which includes government workers as well as the private sector. Economists are expecting to see 200,000 jobs added, down from 263,000 in September, and that the unemployment rate ticked up slightly to 3.

6% as more people join the workforce. That would still be near a half-century low.From CNN Business' Nicole GoodkindThat’s because investors have gotten their hopes up again that the central bank will indicate it plans to ease up on hiking interest rates in its battle against rising prices. The problem is the enthusiasm could turn faster than you can say “inflation.”

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Thank ALL TRAITOROUS FASCIST RepubliCON ARTISTS for their undying support (and dedication) to Corporate America and the banking industry. RepubliCON ARTISTS serve themselves and their extremely generous “campaign contributors”.

They only do it to hurt our country. This is total bullshit. Enough with the fucking rate hikes. Companies like Mc Donalds keep making money while people keep getting fucked.

Invest in Inflationary bonds

Privately owned Fed bound and determined to destroy US economy.

This Biden plan ,it's crazy

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From Apple to Disney, China's Covid curbs are again hurting business | CNN BusinessIt has been almost three years since Covid-19 first hit China, but the country's relentless adherence to lockdowns continues to hobble business and the economy. While killing fewer of its citizens, and giving fewer long covid. But keep on with that hyper capitalist propaganda y’all! CN FOX Yet the country continues to outsmart USA in all areas?
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Lyft to lay off 13% of staff | CNN BusinessLyft on Thursday said it will lay off 13% of its staff, or nearly 700 employees, as it rethinks staffing amid rising inflation and fears of a looming recession. Offering them a ride home?
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