According to a poll by the People's Bank of China, the inclination of Chinese consumers to save money is at its greatest level in twenty years.
Go Deeper (2 min read)Micron Technology designs, produces, and distributes memory and storage products such as USB flash drives, flash memory, and dynamic random-access memory. It is the fourth largest semiconductor company in the world and has its main office located in Boise, Idaho.
Go Deeper (9 min read)A Recession?
Something incredibly unexpected is happening right now. The first quarter's economic output decreased, and indications point to a repeat of that trend in the second. Nevertheless, during the first half of the year, the job market shown few signs of weakness.
Go Deeper (3 min read)Venture Backed Startups Are Struggling
SoftBank Group and Tiger Global Management's subpar portfolio outcomes weights on technology companies and shows the excesses created by venture capital money as startups were forced to grow at any cost.
Go Deeper (2 min read)The Cryptomarket Meltdown
The first half of 2022 has been brutal for cryptocurrencies with the market losing hundreds of billions of dollars in value following weeks of turmoil.
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Union Pacific, One Of The Most Highly Respected Institutions In The U.S.
Union Pacific Railroad Company (UPRC) is a freight-hauling railroad that runs 6,400 locomotives across 32,500 miles (52,300 km) of track in 23 U.S. states west of Chicago and New Orleans.
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Another ARK Rally, Another Bear Rally?
Bargain hunting investors looking for steep discounts amid the stock market's turmoil are flocking back to Cathie Wood's ARK Innovation ETF, a long-time favorite. Since bottoming out on May 11, shares of the fund, which is mostly comprised of growth-oriented technology businesses, have risen 17%.
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SPACs, A Bubble-Driven Invention
The technique has been around for decades and come in different formats such as reverse mergers and blank check companies. Yet, investors' appetite for more risky ventures is waning as the risk-free rate is rising by the day.
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Instant Delivery May Come To A Halt
Fears of a looming recession are prompting fast grocery delivery services to slow their expansion.
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The Federal Reserve's efforts to cool heated inflation have resulted in a slowdown in the mortgage market. To calm the economy, the Fed raised interest rates twice this year and stopped its largest mortgage-bond buying program this spring.
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Lockheed, A Defence Major
Lockheed Martin Corporation is a multinational aerospace, defence, information security, and technology company based in the United States. It was founded in 1995 through the combination of Lockheed Corporation and Martin Marietta.
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