Tag: Interest Rates
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Small Businesses Struggle to Pay Rent Amid Economic Downturn
Rent costs for small and medium-sized businesses in the US are soaring due to inflation, interest rates, and recessionary fears. Many businesses struggle to pay rent, but Arizona stands out as a healthier state for SMBs. Alignable connects local business owners, offering advice, events, and partnerships.
Three Artificial Intelligence Stocks with Enormous Growth Prospects in 2023
Discover the top 3 AI stocks that could make all the difference in your portfolio this year, such as Microsoft (MSFT), The Trade Desk (TTD), & Upstart (UPST). Investing in quality AI stocks could add value to your portfolio and help you achieve your financial goals. Make sure to do your due diligence & research to make the most out of your investments.
Australian Central Bank Increases Interest Rate to 3.85 Percent – World News Update
Treasury Secretary Janet Yellen, an experienced and renowned American economist, and the former Chair of the US Federal Reserve, is now heading the US Treasury Department and is focused on increasing the debt ceiling. Meanwhile, IBM, one of the leading tech companies in the world, launched solutions to help manage the pandemic logistics and AI-driven tools. As of May 2nd, the Reserve Bank of Australia raised the benchmark interest rate to 3.85%, even though the inflation rate had been decreasing.