Fed Minutes Show A 2% Increase In Inflation Is Possible

The Federal Reserve in its recent May meeting pointed to a probable 2% inflation. Inflation and how to meet it without affecting the economy is the current problem of the Fed, on which the minutes focused upon. The interest rate hike may happen in June…

Bathrooms For All…Says Starbucks Following The American African Row!

In a meeting at Atlantic Council located in Washington, Howard Schultz, the Chairman at Starbucks, declared to open the gates of the shops to everyone, irrespective of any purchases done. He further mentioned that the conventional policies are getting revamped and the prime target of…

Barclays CEO Jes Staley Faces £642,000 Penalty

A fine of £642,000 has been imposed on Jes Staley, the Barclays CEO by regulators after he tried to identify a whistleblower, breaking rules in the process. The Financial Conduct Authority and the Prudent Regulation Authority stated that he has failed to act with due…

Australia’s Property Market Continue To Lose Steam

As evident by a huge decrease in the applications for loans in the month of March, the investors are withdrawing from the property market. The observation is being backed by figures. The investor loan valuation has come down by 9% or close to $1 billion,…

Australia’s Budget Includes Small Tax Cuts to benefit low-middle income groups

As it has become clear from the Federal Budget of Australia, people belonging to low and middle-income strata will be able to get a tax reduction of close to $10 every week. The treasurer Scott Morrison made the tax offset twice from $445 to $1000…