Today: 5. Nov, 2024
The U.S. economy has demonstrated impressive growth in the third quarter, with the Gross Domestic Product (GDP) expected to show a 4.7% annualized gain, as per a Dow Jones consensus estimate. This remarkable performance signals the most substantial output since Q4 of…
Latin America’s MercadoLibre (MELI) -1.75% has faced a turbulent few weeks in the stock market, with its share price dropping 17% from its September high. Despite marketwide headwinds, there are compelling reasons to consider this “Amazon of Latin America” for investment. Resilience…
The U.S. economy displayed an unexpected growth spurt from April to June, achieving a 2.4% annual growth rate. This resilience was exhibited even amidst steadily rising interest rates due to the Federal Reserve’s ongoing 16-month efforts to curb inflation. On Thursday, the…
Wall Street is seeing an upswing this Thursday due to robust profit results from significant corporations and ongoing evidence of the economy’s resilience against recession forecasts. By morning trading, the S&P 500 had ascended by 0.6% following its peak in approximately 16…
Tuesday saw stocks maintaining a steady course as Wall Street anticipates the earnings reports from some of the market’s most influential players and seeks validation for their significant rally this year. The S&P 500 recorded a minor 0.1% increase in morning trade,…
As the post-pandemic economy takes shape, concerns are growing over the threats to sustained economic growth. Despite a temporary boost from stimulus packages, productivity growth remains sluggish, and the wages share of the economy lingers near record lows in many developed nations.…
Wall Street exhibited instability as investors weighed the benefits and drawbacks of the most recent indicators that the American economy is performing far better than predicted. The S&P 500 remained relatively stable during the initial trading hours, experiencing only minor gains and…
China’s Premier Li Qiang struck an optimistic tone on the country’s economic growth during a speech at the World Economic Forum summit in Tianjin. Despite mounting concerns and a recent slowdown in various sectors, Premier Li expressed confidence in achieving the annual…
