Category: News

In a significant move that signals growing concern over China’s economic trajectory, Fitch Ratings has revised its outlook on China’s long-term foreign-currency issuer default rating to ‘negative’ from ‘stable’.

The decline in inflation comes as a relief to the Eurozone, which has been grappling with soaring prices, largely driven by an unprecedented combination of shocks.

Yellen’s comments come amid growing concerns over China’s economic practices, particularly its massive investment in industries where production is surging without adequate demand.

The stock, which trades under the ticker symbol DJT, opened at a strong position and continued to climb, reflecting the enthusiasm of individual investors, many of whom are supporters of Mr. Trump.

In a recent statement that has rippled through financial markets, Federal Reserve Governor Christopher Waller has indicated that there is no immediate need to adjust interest rates, despite the latest inflation data not meeting expectations.

In the wake of a robust rally in the U.S. stock market, particularly among AI-focused tech stocks, analysts are weighing in on the discourse surrounding a potential market bubble.

n a desperate move to rejuvenate public support and stimulate the economy amidst sluggish growth and mounting public debt, the British government has unveiled a series of tax cuts.

Germany, Europe’s largest economy, is facing a bleak outlook for 2024, as it struggles with the fallout of Russia’s full invasion of Ukraine, high inflation, labor shortages and weak global demand.

Reddit, the popular online forum where millions of users post, comment and vote on a variety of topics, has signed a lucrative deal to sell its vast trove of user-generated content to an unnamed artificial intelligence company

The sale, which took place on Feb. 7 and Feb. 8, is part of a plan that Bezos announced last week to sell up to 50 million shares of Amazon over the next year, with an estimated market value of $8.4 billion.