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Location American Market News for 8 July 2023
The Fed rate increases can't demonstrate the ability to "tame" inflation. Milton Friedman's "lag" is the conceptual crutch that is invoked to explain this ineffectiveness.
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The Chinese Auto Empire Coming to the U.S.

Wall Street Journal - 8 Jul 2023 16:00
Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr.
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Most parents are aware of the big mistakes, such as failing to apply for financial aid. But it's the small slip-ups that can result in families taking a financial hit.
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New debit credit card rules: How bank customers will benefit from this RBI proposal of card portability New debit credit card rules: The Reserve Bank of India (RBI) has introduced a draft rule allowing debit, credit, and prepaid card users to choose their preferred card network. This move challenges the current practice of...
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