Wednesday, October 16, 2024

Business

Global Economy: US Inflation Surpasses Expectations

US Inflation Exceeds Forecasts The latest inflation data shows that US inflation last month was slightly higher than expected, solidifying market expectations that the Federal Reserve will opt for a...

Economist on US-China trade war and globalization trend

Joseph Stiglitz, a Nobel Prize-winning economist, has shared his insights on the current state of the US economy and the potential impact of the...

JPMorgan suggests a ‘soft landing’ after strong earnings

JPMorgan Chase and Wells Fargo, two banking giants, reported better-than-expected third-quarter results, indicating resilience in the US economy. The banks' performance points to the...

Boeing to lay off employees to improve competitiveness

Boeing to Lay Off 17,000 Employees to Stay Competitive In a move to ensure its long-term competitiveness, Boeing has announced that it will be reducing...

Challenges in China’s Economy Prompt Market Concerns and Low Public Confidence

Beijing's recent stimulus package announcement failed to live up to the market's expectations, leading to a significant drop in Chinese stock indexes. The measures...

China Urged to Take Further Action Against Deflation

China's Deflation Woes: Officials Promise More Support, but Economists Seek Bolder Action China's finance officials have vowed to provide additional support for the struggling property...

Global Economic Forecast

The World Economic Outlook reports provide a comprehensive analysis of the global economic landscape. The April 2024 report, titled "Steady but Slow: Resilience amid...

Stock Market Updates: October 9

Stocks Hover Near All-Time Highs Before CPI Data Wall Street traders are eagerly anticipating the upcoming release of key inflation data, with stocks hovering near...

Boeing withdraws contract offer following failed union negotiations

Boeing Withdraws Contract Offer Amid Machinist Union Standoff Boeing has withdrawn its contract offer for 33,000 machinists who have been on strike since mid-September. The...

Access Article

Chinese stocks have taken a tumble as Beijing tries to shore up confidence in the economy. The government has taken various measures to stabilize...

DOJ Proposes Google Breakup

The U.S. Justice Department has indicated that it may recommend breaking up Google as a remedy to address the lack of healthy competition in...