News from the Control Tower: Our weekly curated list of news stories affecting you and your finances.
This week’s reads include:
A long reliance on easy money may give rise to new difficulties as the Fed raises interest rates.
Retailers are getting ready to cut prices of goods that were popular during the pandemic. Expect ‘discounts like you’ve never seen before.’
The Ukraine war could lead to breakthroughs in nuclear power and natural gas, with Washington’s help.
A shortage of chemical fertilizer, worsened by the war in Ukraine, has growers desperate. It just so happens that human urine has the very nutrients that crops need.
Large U.S. banks are optimistic they will receive a clean bill of health from the Federal Reserve this week, freeing them up to distribute billions of dollars in excess capital to investors.