Today: 5. Nov, 2024
Amidst the chatter of a potential soft landing for the global economy, experts are sounding the alarm about looming threats that could potentially destabilize the world stage. While there’s been some initial optimism fueled by declining interest rates and soaring asset prices,…
As the Federal Reserve convenes for its two-day meeting, speculation is rife about the future direction of interest rates amidst an unexpectedly robust economic performance and a cooling inflation rate. The term “no landing” is gaining traction among economists, suggesting a scenario…
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…
