inflation causes – BOL News Staging

Current economic slowdown is close to 2008 financial crisis? ServiceNow CEO

June 7, 2022 by Muhammad Humair Qureshi

ServiceNow On Monday, CEO Bill McDermott told Jim Cramer that he does not expect the current economy to see a market drop similar to the 2008 financial catastrophe. “This is not even close to 2008. In 2008, I was with a company where we lost a billion euros in pipeline in a day. That was … Read more

Biden Administration faces an inflation crisis

June 7, 2022 by Muhammad Humair Qureshi

President Biden’s new executive order on solar panels, and Americans’ economic pessimism. Commerce Secretary Gina Raimondo reiterated that inflation will fall, but she avoided addressing the suggestion that she was incorrect to label it “temporary” nearly a year ago. Prices have jumped 59 cents in the last month, from an average of $4.28 a month … Read more

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