Over the past two years, a major factor that had been driving mortgage rates upwards is now contributing to their decrease.
Go Deeper (2 min read)India has been outshining other leading global economies, primarily due to the robust performance of its service and industrial sectors, despite challenges in agriculture caused by inadequate rainfall.
Go Deeper (3 min read)FedEx's shares plummeted by 12% after the company reported disappointing results and outlook, leading to a series of price-target reductions by Wall Street analysts, which contributed to a late-day sell-off in the broader market.
Go Deeper (2 min read)American companies, under significant pressure to minimize their reliance on China, are progressively shifting towards alternative manufacturing hubs such as Vietnam, Indonesia, and Mexico.
Go Deeper (3 min read)In November, inflation in the eurozone decreased more significantly than anticipated, nearing the European Central Bank's target.
Go Deeper (2 min read)The private equity industry, once the titan of the financial sector during the era of low interest rates, now grapples with a new reality as interest rates rise, potentially reshaping its operations and strategies for the foreseeable future.
Go Deeper (5 min read)Since the last increase in interest rates by Federal Reserve officials in July, the economy is displaying two trends that central bankers believe may not be sustainable for much longer.
Go Deeper (4 min read)There are multiple factors contributing to the recent surge in economic activity. Firstly, the combination of milder inflation and persistent wage growth is stretching the purchasing power of individuals.
Go Deeper (4 min read)The September inflation report exceeded the expectations of most economists. However, it may not be strong enough to deter the Federal Reserve from its gradual move towards the sidelines.
Go Deeper (3 min read)The second-largest global economy, China, currently faces a deflating property bubble, local governments struggling with debt payments, and a banking system exposed to these issues.
Go Deeper (3 min read)Official figures indicate that China's retail sales contracted by 0.2% in 2022, a stark contrast to the 8% growth recorded in 2019.
Go Deeper (3 min read)