Today: 17. Dec, 2024
As Wall Street gears up for a critical week filled with economic reports and a pivotal Federal Reserve meeting, investors faced a day of mixed fortunes on the stock market. The S&P 500 slightly dipped by 0.1% despite hovering near last week’s…
In a dynamic day of trading, the S&P 500 and Nasdaq Composite indices soared to fresh record highs, showcasing the resilience of the U.S. stock market. Despite this milestone, the broader market sentiment remained mixed as investors navigated through a series of…
The International Monetary Fund (IMF) is sounding the alarm over a concerning trend: the escalation of tariffs, which it labels as the most pressing threat to the global economy. IMF Managing Director Kristalina Georgieva has pointed to a significant rise in trade…
In a time of escalating tensions and conflicts worldwide, Israel faces the daunting challenge of balancing its defense needs with economic stability, evoking memories of the tumultuous 1970s. As defense expenditures soar to unprecedented levels, economists and policymakers are raising red flags…
In a notable development that has garnered the attention of homeowners and those looking to buy, US mortgage rates have climbed to approximately 7%, representing a doubling in just three years. This uptick is gradually transforming the dynamics of the housing market,…
During this week’s gathering of finance chiefs from the Group of Seven (G7), the focus has shifted to growing apprehensions surrounding US debt levels, hinting at potential risks to the nation’s fiscal stability. Despite escalating debt burdens and persistent deficits across member…
China finds itself at a crossroads as it grapples with a housing crisis fueled by an oversupply of properties and economic challenges that seem to defy conventional solutions. The nation’s real estate sector, once a pillar of growth, now stands as a…
The stock market continues its dance around record levels as Wall Street heads into the weekend, with U.S. stocks maintaining stability amidst a backdrop of mixed performances across global markets. The S&P 500, while flat in morning trading, is on course for…
In the midst of geopolitical turbulence and economic transitions, the interplay between China and Russia has come to the fore. With Western sanctions imposed on Russia following its Ukraine incursion, the duo has embarked on a burgeoning economic alliance that could wield…
The S&P 500 edged up by 0.1%, narrowing the gap to its all-time high reached in March by just 0.5%. Similarly, the Dow Jones Industrial Average saw a modest 0.1% increase, while the Nasdaq composite climbed 0.3%. The recent market optimism stems…
