Today: 5. Nov, 2024
The global economy is facing a potential 0.5% loss in output by 2026 as the effects of rising tariffs and escalating trade tensions between major markets take hold. The European Union and the United States have targeted China with increased tariffs, adding…
Kamala Harris, the Vice President of the United States, is making waves on Wall Street, having garnered crucial endorsements from some of its most powerful figures as she launches her presidential campaign. As Harris seeks to resonate with Americans disillusioned by the…
A Milestone Session for Britain’s New Prime Minister Britain’s newly elected Prime Minister Keir Starmer faced a significant milestone on Wednesday, tackling his first House of Commons grilling during the weekly Prime Minister’s Questions (PMQs). This session marked a pivotal moment for…
Economic Potential on the Horizon The head of the International Monetary Fund (IMF) recently emphasized the need for Europe to maximize the potential of its single market. Speaking to CNBC’s Karen Tso, IMF Managing Director Kristalina Georgieva highlighted Europe’s improving economic performance…
In a market environment fraught with mixed signals, U.S. stocks continue to waver near their record highs. On Tuesday, the S&P 500 inched up by 0.1% after reaching its 30th all-time high of the year just the day before. The Dow Jones…
Amidst tentative signs of a global economic rebound, the International Monetary Fund (IMF) issues a cautionary note, suggesting we may be entering what they term ‘the tepid Twenties’. Recent remarks from Christine Lagarde, President of the European Central Bank (ECB), exuded a…
As inflation fears grip the market, Wall Street remains resolute in its optimism, banking on robust earnings to fuel the resilient stock rally. A recent inflation print has dashed hopes for imminent interest rate cuts, redirecting attention to the bedrock of corporate…
In the dynamic world of finance, the Federal Reserve’s strategies on interest rates are a subject of keen analysis and speculation. Recent developments have highlighted a more cautious stance from the central bank, focusing on avoiding premature policy easing that could exacerbate…
Frank Stronach, renowned for his insights in the business realm, has recently brought attention to the widening income gap fueled by technological progress. Decades ago, optimistic forecasts envisioned a future where automation and artificial intelligence (AI) would usher in an era of…
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading chip manufacturer, is set to expand its footprint in Japan with the announcement of a second semiconductor fabrication plant. The decision reflects TSMC’s commitment to meeting growing customer demand and forms a key part…
