Economy
UniCredit raises outlook with help from Commerzbank stake as it drops BPM bid
UniCredit, one of Italy's leading banks, recently made headlines by reporting higher than expected quarterly income and raising its outlook for 2025 and beyond. This positive news comes just a…
Your Trusted Source for Accurate and Timely Updates!
Lasted Economy
Huawei’s trifold proving popular among Apple iPhone fans in Beijing
Apple and Huawei are two of the biggest players in the smartphone market, constantly battling for the attention of consumers.…
Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap
Asian stocks continued their upward trend as global equities rallied on the back of positive jobs data that indicated the…
Ray Dalio says the Fed faces a tough balancing act
Billionaire investor Ray Dalio recently raised concerns about the U.S. economy's massive debt burden following the U.S. Federal Reserve's decision…
Donald Trump said he would not sell his Truth Social stock. But he technically can starting today.
Former President Donald Trump has made headlines once again, this time regarding his decision to not sell his stock in…
What buying Commerzbank would mean for UniCredit and German banks
UniCredit's recent move to acquire a stake in Commerzbank has ignited speculation about the potential for a long-awaited cross-border merger…
Asian markets forge higher after Fed’s first rate cut in over 4 years
Asian markets saw a surge on Thursday following the Federal Reserve's move to prevent a recession in the U.S. by…
Why the experts are wrong about inflation
In discussing the role of supply side factors in inflation, it is important to clarify that the majority of inflation…
Fed cuts rates by a half point at September 2024 meeting
The Federal Reserve took bold action on Wednesday by enacting its first interest rate cut since the early days of…