Posts with tag: backpacking
Leading economists caution against potential stagflation shock from a full-scale US trade war as markets hover near record highs.
Published on: February 10, 2025, 05:02 PM UTC
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Monday that its January revenue rose 3.16% on year.
Published on: February 10, 2025, 08:00 AM UTC
Despite looming tariffs, the stock market remains near record highs. This is due to expectations of continued earnings growth. Earnings are the most important driver of stock prices, and analysts expect the U.S. stock market to outperform the U.S. economy thanks to positive operating leverage. However, there are always risks to worry about, such as U.S. political uncertainty, geopolitical turmoil, and economic recessions.
Published on: February 10, 2025, 07:01 AM UTC
The Trump administration is prioritizing stablecoin regulation as the opening move of its pro-crypto push. Stablecoins, which are cryptos pegged to fiat currencies, are viewed as a way to ensure dollar dominance.
Published on: February 08, 2025, 10:00 PM UTC
Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump have agreed to leave foreign exchange-rate matters in the hands of their finance ministers.
Published on: February 08, 2025, 12:00 AM UTC
The first central bank interest rate moves of 2019 suggest it will be a year of contrasting fortunes, with some major economies heading in different directions.
Published on: February 07, 2025, 07:00 PM UTC
Google is reversing its diversity hiring targets, following scrutiny from Washington. Meanwhile, other tech giants like Apple and Microsoft maintain their DEI initiatives.
Published on: February 07, 2025, 02:03 PM UTC
Chinese battery giant CATL resumes operations at its lithium lepidolite mine in China's Jiangxi province, contributing to lithium supplies and potentially influencing market prices.
Published on: February 07, 2025, 01:04 PM UTC
Investors are bracing for a weaker pound as the Bank of England's policy decision highlights concerns about UK economic growth. Despite a slight recovery, sterling remains the weakest among G-10 currencies, with experts predicting further interest rate cuts and a potential drop to $1.19.
Published on: February 07, 2025, 01:04 PM UTC
Dow Jones, S&P 500 and Nasdaq futures were subdued Friday as investors awaited key January jobs report and Amazon shares fell on weak forecasts and cloud computing unit.
Published on: February 07, 2025, 11:01 AM UTC