Read More Business Economy Inflation in the UK has finally returned to 2%. However, rate cuts are still not being considered.ByMichelle ThompsonJune 20, 2024 In May, UK inflation decreased to 2%, reaching the Bank of England’s target for the first time in… Read More
Read More Business Economy The strength of the US dollar is increasing. Here’s what’s fueling this rally and its implications for Americans.ByMichelle ThompsonApril 22, 2024 Last week, the strong performance of the US dollar provided a positive indication of Americans’ purchasing power. The… Read More
Read More Business Economy What caused this year’s seemingly unstoppable stock market rally to come to a halt?ByMichelle ThompsonApril 22, 2024 The robust stock market rally of 2024 has abruptly come to a halt. In April, the S&P 500… Read More
Read More Business Economy Pressure persists on regional banks in the US, and this trend is expected to persist.ByMichelle ThompsonApril 19, 2024 Despite overcoming a crisis in 2023, regional banks in America continue to face challenges. The SPDR S&P Regional… Read More
Read More Business Economy Below are the potential outcomes for the US economy in the absence of rate cuts this year.ByMichelle ThompsonApril 18, 2024 Federal Reserve officials have emphasized the need for more compelling evidence showing that inflation is steadily progressing toward… Read More
Read More AI Alchemy Business iPhone sales are declining sharply. Here’s the reason behind it.ByMichelle ThompsonApril 18, 2024 Apple experienced a remarkable 10% decline in smartphone sales last quarter, as reported by market research firm IDC.… Read More
Read More Business Economy The IMF has revised its growth projection upward for the “overheated” US economy and recommends prudence regarding reductions in interest rates.ByMichelle ThompsonApril 17, 2024 The International Monetary Fund (IMF) has upgraded its forecast for the US economy’s performance, predicting it to grow… Read More
Read More Business Economy Political tensions are causing turbulence in the financial markets. Here’s what investors are keeping an eye on.ByMichelle ThompsonApril 17, 2024 Investor concerns about heightened tensions in the Middle East caused unease on Monday, resulting in significant market fluctuations.… Read More
Read More Business Economy China’s economic growth exceeds expectations in the initial quarter of 2024, demonstrating a robust pace of expansion.ByMichelle ThompsonApril 16, 2024 China’s economy exhibited stronger-than-anticipated growth at the outset of this year, primarily propelled by robust expansion in high-tech… Read More
Read More Business Economy Investors have three methods to reduce the amount they pay in taxes.ByMichelle ThompsonApril 16, 2024 Today marks Tax Day in the United States. For many Americans, this means a rush to submit their… Read More