Today: 5. Nov, 2024
Asian stock markets experienced a significant surge, buoyed by a robust rally in the United States, which celebrated one of its finest days this year. This surge was sparked by an unexpectedly positive inflation report, which indicated a potential slowdown in the…
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…
According to a report from the Building Industry and Land Development Association, the recent interest rate hike in June has posed a threat to the sales momentum observed in May for new-build homes across the Greater Toronto Area (GTA). Dave Wilkes, President…
In a significant policy reversal, Turkey’s central bank has raised interest rates to 15%, almost doubling the previous rate. This bold move aims to combat the country’s persistently high inflation, which, despite showing signs of improvement, remains a cause for concern. President…
